Supporting India's Internationalisation Efforts

Shri Arnab Kumar Chowdhury, joined Reserve Bank of India in 1994. He has worked extensively in the area of supervision of financial entities. He has also worked in the areas of corporate strategy, budgeting, accounting etc. He has served as member of several committees and working groups and has been contributing to policy formulation.

Prior to being promoted as Executive Director (ED), Shri Chowdhury was heading the Department of Supervision as Chief General Manager-in-Charge.

Shri Chowdhury was appointed as ED with effect from June 3, 2024. As Executive Director, Shri Chowdhury is looking after Foreign Exchange Department, International Department and Deposit Insurance and Credit Guarantee Corporation.
 

Mr. Rakesh Sharma is the Managing Director & Chief Executive Officer of IDBI Bank Ltd. Prior to this, Mr. Sharma served as MD&CEO of Canara Bank and Lakshmi Vilas Bank. While in Canara Bank, he also held the position of Chairman in the group companies of Canara Bank.

Mr. Sharma held the position of Chief General Manager in State Bank of India [SBI] before moving to Lakshmi Vilas Bank Ltd in 2014. He had more than 33 years’ experience in SBI, holding key positions, which included Head of mid corporate accounts in Andhra Pradesh region, supervising retail operations in the States of Rajasthan, Uttarakhand & Western UP, banking operations in International Banking Group, credit assignments in specialized branches/ administrative offices, etc.

Mr. Rakesh Sharma is a Post Graduate in Economics, and a CAIIB.
 

Mr. Sristiraj Ambastha is the Chairman-cum-Managing Director of ECGC Limited since 16.12.2024. He was Executive Director in ECGC Limited since 01.09.2023 and Chairman-cum-Managing Director (Additional Charge) since 01.11.2023. His 29-year career in ECGC, the premier export credit agency of India, spans a broad range of areas in both the short-term and medium-and-long-term lines of businesses, ranging from product and policy development, marketing, audit and compliance, human resource development, training, underwriting methods, international relations, and the launch of the new generation information technology platform of ECGC. As the head of International Relations, he has been key to ECGC’s interactions at various bilateral and multilateral forums. He has represented the Company at various international forums. He has been a speaker at many national and international conferences.

He is a Whole-Time Director on the Board of the Company as well as the Chairman Trustee of the National Export Insurance Account (NEIA), set-up by the Government of India to promote project exports. He is a Director on the Board of India EXIM Bank. In July, 2024, he has been appointed as Alternate Director on the Board of African Trade & Investment Development Insurance (ATIDI), Kenya representing Republic of India through ECGC Limited.

He has served as the Chief Vigilance Officer (CVO) of ECGC during the period 2020 to 2023. During his tenure as the CVO, he took a lot of initiatives to ensure greater transparency in the systems and processes of the company.

He holds a Master’s degree in Political Science along with a professional qualification of MBA in Marketing and Post Graduate Diploma in Human Resource Management.

He is a Director on the Board of the Company since November 14, 2023.
 

Mr. Challa Sreenivasulu Setty took over charge as Chairman on 28 August 2024. He joined the Board of SBI as Managing Director in January 2020 and headed Retail & Digital Banking vertical from year 2020 till 2022 and International Banking, Global Markets & Technology portfolio of the Bank thereafter. He has also been heading various task forces/committees formed by the Government of India.

A Bachelor of Science in Agriculture and also, a Certified Associate of Indian Institute of Bankers, he started his career with State Bank of India in 1988 as a Probationary Officer. Across a career spanning over three decades, he has rich experience in Corporate credit, Retail, Digital and International banking and banking in developed markets. Mr. Setty has held key assignments in State Bank of India in Stressed Assets Management, Corporate banking, Mid-Corporate banking, global markets, technology and Syndications both in India and abroad.
 

Shri Ashwani Kumar is a Chartered Accountant, Post Graduate in Commerce and also a certified member of Indian Institute of Banking and Finance. He has more than two decades of rich experience in banking.

Shri Ashwani Kumar rose through the ranks serving in various Public Sector Banks such as Bank of Baroda, Corporation Bank, Oriental bank of Commerce, Punjab National Bank and Indian Bank. His experience includes Wholesale Banking Division and Head of several Branches including Industrial Finance Branches and Large Corporate Branches. As a General Manager, he was heading Mid Corporate and Large Corporate verticals. He has served as a Zonal Manager, heading various Zones and also as the Chief Finance Officer (CFO).

As an avid learner, he has attended various training programs in premier institutes in India and abroad including IIM and CAFRAL. He has also completed the Leadership Development Programme of IIM Bangalore, curated by the Banks Board Bureau in consultation with IBA and Egon Zehnder International Pvt. Ltd.

Prior to joining UCO Bank as MD & CEO, he was Executive Director of Indian Bank.