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Profile of the Members of the Governing Council |
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Smt. K.J. Udeshi
Chairman
She is a post graduate in Economics from Bombay University. She topped her academic career by being the first female student to win the trophy for the Best All Rounder Student. She moved on to a career in central banking and became the first woman to be appointed as Deputy Governor of the Reserve Bank of India. She has been a nominee Director of the RBI on boards of SEBI, SBI, NABARD, EXIM Bank, NIBM etc. and also served as the Chairman of the Bhartiya Reserve Bank Note Mudran (Pvt.) Ltd., and the Deposit Insurance and Credit Guarantee Corporation. |
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Shri V.P.
Shetty
Member
He is a Graduate in Commerce from Bangalore University. He started his career with Vijaya Bank in
1973 and retired as Chairman and Managing Director of IDBI Ltd. in June 2007. The positions held by him in banks include Chairman and Managing Director of UCO Bank and Canara Bank. As Chairman, IDBI, he was a member of many international bodies like Association of Development Financial Institutions in Asia and the Pacific [ADFIC], South Asian Development Fund [SADF], Association of Development and Industrial Banks in Asia [ADIBA].He was a also Director of many public financial institutions like, Life Insurance Corporation of India, General Insurance Corporation of India, EXIM Bank etc. He was Chairman of Indian Banks' Association during 2006-07. He has been the recipient of 'Banker of the Year -2003' Award from Business Standard Group in recognition of his successful turnaround of UCO Bank. |
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Shri. M.M. Chitale
Member
He is a practicing Chartered Accountant and a partner of Mukund M. Chitale and Company and has been associated with the Institute of Chartered Accountants of India and the International Auditing Practices Committee of the International Federation of Accountants in various capacities. He has been a member of various committees including, Committee for Collective investment Scheme appointed by SEBI, Working Group on Restructuring of Weak Public Sector Banks, Committee on Procedures and Performance Audit on Public appointed by RBI and Company Law Advisory Committee of Central Government. He has served as a Public Representative Director on the Stock Exchange, Mumbai, Director Deposit Insurance Corporation of India and LIC Housing Finance Ltd. He is presently independent director on the Board of Oil and Natural Gas Corporation Ltd., Larsen & Toubro Ltd., ASREC (India) and the Board of Supervision of NABARD. He has written articles and presented papers at various seminars and conferences. |
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Shri Cyrus Guzder
Member
He is a post graduate with Honours in Economics &
Oriental Studies from Trinity College, Cambridge University. He
is the Chairman & Managing Director of the AFL group, a
leading business house in logistics, express courier services
and business travel. He is also the Chairman of Confederation of
Indian Industries (CII)’s National Committee on Transportation
and Logistics and is on the Boards of BP (India) Limited, Great
Eastern Shipping Company Limited, Mahindra Holidays &
Resorts Limited and other companies. He is the Honorary Consul
General of the Republic of Ireland for Mumbai and Western India.
Shri Guzder is an active heritage conservationist and is also
associated with several causes of public importance.
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Ajit Ranade is Chief Economist of the Aditya Birla Group, a diversified multinational conglomerate. He is a Director on the board of Hindalco Almex Aerospace Limited. He is also the Government of India's nominee Director on the Board of Multi Commodity Exchange of India Ltd. (MCX), India's largest commodity exchange. His professional career has spanned academic and corporate assignments. Prior to joining the Birla Group, he was Chief Economist and Head of Microfinance Business at ABN AMRO Bank, India. He is
an active member of industry chambers. He chairs the Research Advisory Committee of the Indian Institute of Banking and Finance. He has served on various committees of the Reserve Bank of India, including the Committee for Fuller Capital Account Convertibility. He is also a member of the Senate and the Advisory Council of IIT Bombay.
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Shri. B.M. Mittal
Member and Chief Executive Officer
Shri B M Mittal is a Graduate in Engineering (Mechanical) from Punjab University. He is a Certified Associate of the Indian Institute of Bankers (CAIIB) and was adjudged as the "Gold Medalist". Shri Mittal started his career with Punjab National Bank in 1972 as Probationary Officer and retired as Executive Director of UCO Bank in October 2009. As a nominee of Punjab National Bank, he was a Director of SME Rating Agency of India [SMERA], ASSOCHAM, Uttar Pradesh Financial Corporation, Uttar Pradesh Industrial Consultants Ltd., Entrepreneurship Development Institute, Lucknow, RRBs and several sick industrial companies. He was a Member of Steering Committee of RBI constituted for drafting guidelines for implementation of Basel-II Accord on Risk Management in banks. Shri Mittal was Chairman of "IBA Committee on Basel-II Implementation and Risk Management" and Member of IBA's Standing Committee on Basel-II Implementation till his date of superannuation.
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