​​​​​SBIMF - OUR PEOPLE

Mr. Dhruv Prakash

Independent Director

Mr. Prakash is a Management Consultant and Executive Coach. He has 42 years of experience in a variety of industries out of which about 22 years has been in very senior positions. He has an extensive background in consulting and had work with several of India's leading businesses to manage change, coach senior management, build high performance cultures, align executive compensation, restructure organizations and conduct post merger integration. Currently, he is serving as a advisor to helion Advisors who advice a venture fund and Space Matrix Design Consultants.

• # Managing Director, Korn/Ferry International, Gurgaon (March 2010 - November 2011) ;
• # Director HR, Helion Advisors Pvt. Ltd (January 2008 - February 2010);
• # Practice Leader, Hewitt Associates (June 1998 - December 2007);
• # President and whole time Director of DCM Financial Services Limited (1994 - 1997);
• # Chief Financial Officer of DCM Toyota.

He had also held several senior positions in finance at Escorts, HCL and Amar Dye Chem and has also served on the Board of Intec Capital Limited, a NBFC, from May 2014 to October 2015. Currently, Mr. Prakash is a director on the Board of IndiaMart InterMesh Limited.

Dr. Ashima Goyal

Independent Director

Dr. Goyal has done Ph.D. (Economics) from Mumbai University and has more than 37 years of teaching and research experience in the field of open economy, macroeconomics, international finance and development economics. She is a Professor at Indira Gandhi Institute of Development Research. Prior to this, she was part-time lecturer at Gokhale Institute of Politics and Economics, Pune, from 1984-86 and Research Associate at Delhi School of Economics from 1978-83. She is an editor of an OUP handbook on the Indian economy and a Routledge journal on Macroeconomics and Finance. She has authored various books, articles and project reports relating to economics. She has also received various national and international awards for her contribution in the field of economics. Dr. Goyal has also been a member of various committees of Reserve Bank of India, Government of India, Governing Council of the Exchange Traded Currency Derivatives Segment (ETCD) of the BSE Ltd., and Chairperson of Indian Merchants Chamber’s Economic Policy Committee. She has also served on the Boards of MCX, MCX-SX Clearing Corporation, and National Institute of Bank Management. Presently, she is on the Board of Metropolitan Stock Exchange (Public Interest Director), Care Ratings, Cynergy Creators Private Limited and member of the Technical Advisory Committee (TAC) on the Monetary Policy of RBI.

Mr. Shriniwas Y. Joshi

Independent Director

Mr. Joshi has been practicing as a Chartered Accountant for more than 31 years and is a Senior Partner in CVK & Associates, Chartered Accountants. As a part of the practice he has carried out several Accounting, Auditing, Certification Assignments, Valuation and Taxation work for various clients such as Banks, Public Limited Companies, Private Limited Companies, Partnership, Trusts, Societies, Individuals, etc. He has been elected as Member of Western India Regional Council of Institute of Chartered Accountants of India (WIRC of ICAI) since 2004 for three consecutive terms. He was Chairman of WIRC of ICAI for the year 2011-12. He has been elected as a member of Central Council of the Institute of Chartered Accountants of India for the term 2013-15 and is a member of various standing and non-standing committees of ICAI. Mr. Joshi is also a Director on the Board of Extensible Business Reporting Language (XBRL) India. Mr. Joshi has done B.Com (Mumbai University), Fellow Member of ICAI & Associate Member of ICSI.

Mr. Krishnamurthy Vijayan

Independent Director

Mr. Krishnamurthy Vijayan holds a Masters degree from Ravishankar University. He is a certificate holder from NCST on Software Technology. His last assignment was with IDBI Asset Management Limited as Managing Director & Chief Executive Officer. Prior to that, Mr. K. Vijayan was Executive Chairman of JP Morgan Asset Management India Pvt. Limited and Chief Executive Officer of JM Financial Asset Management Ltd. He has extensive knowledge and experience in the Indian Mutual Fund Industry and has been a member of the Governing Board of Association of Mutual Funds in India, FICCI Capital Markets Committee, BSE Index Committee and SEBI Committee on Investor Education (Training Material). He was also a member of the Standing Committee on AMFI Registration and Chairman, AMFI Working Group on Market Information Bureau. Mr. K. Vijayan is also a Director on the Board of Shriram Insight Share Brokers Ltd, Charioteer I4L Private Limited, The Charioteer Investment Manager Private Limited, The Charioteer Asset Management Company Private Limited, The Charioteer Holdings Private Limited, APTUS Value Housing India Private limited, OK Play India Limited, Shriram Credit Company Ltd & Shriram Fortune Solutions Ltd.

Mr. Richard Mendonca

Associate Director

Mr. Richard Mendonca, has experience of over 31 years in the areas of Accounting, Auditing, Compliance, Secretarial and Finance. He has held various senior finance and related positions in a number of esteemed organizations – mainly multinational companies like JWT, Pennzoil India Ltd., Esab India Ltd. and SKF Bearings India Ltd. Mr. Mendonca is currently Operations Director, Commercial Finance Team, JWT located at Mumbai. The team is involved in data collection and analysis of some of JWT’s multinational clients. Mr. Richard is a B.Com (University of Mumbai), Chartered Accountant and Company Secretary.

Mrs. Manju Agarwal

Associate Director

Smt. Manju Agarwal is working as the Deputy Managing Director & Chief Operating Officer since May 2015, National Banking Group of the State Bank of India (SBI). Smt. Agarwal joined SBI in 1983 as a Probationary Officer and has been a Certified Associate of the Indian Institute of Bankers since 1988. She has extensive experience in operations, high value credit, cross-border trade through varied assignments. Prior to being appointed as Deputy Managing Director & Chief Operating Officer – National Banking Group

• # Chief General Manager (Rural Banking), SBI, Corporate Centre, Mumbai (June 2014 to May 2015);
• # General Manager, Network 2, SBI, Local Head Office, New Delhi (Nov 2012 to June 2014);
• # Dy. General Manager (Business & Operations), SBI, Hyderabad (Oct 2011 to Nov 2012);
• # Dy. General Manager (New Businesses), SBI, Corporate Centre, Mumbai (Jan 2007 to Oct 2011);
• # Vice President (Trade), State Bank of India, Frankfurt (September 2002 to Jan 2007)

Mrs. Agarwal has done M.A. in Political Science

Smt. Arundhati Bhattacharya

Chairman and Associate Director

Smt. Arundhati Bhattacharya has assumed the office as Chairman of State Bank of India (Bank) on 7th October, 2013. She is the first woman Chairman of the country’s largest Bank. She also has the distinction of being the first women Managing Director of the Bank. A Post Graduate alumnus from the Jadavpur University, West Bengal, Smt. Bhattacharya joined SBI in the year 1977 and since then has held various important portfolios. Before taking charge as Managing Director of the Bank, she was Managing Director & CEO of SBI’s investment banking arm, SBI Capital Markets Limited. Earlier, as Dy. Managing Director in SBI, she headed the largest Human Resources Department of the Banking Industry. In her extensive service in the Bank, she has had the opportunity of working in Metro, Urban and Rural areas across the length and breadth of the country. She has handled forex, treasury, retail operations, HR and investment banking portfolios and large Corporate Credit. As Chief General Manager (New Businesses), Smt. Bhattacharya was involved in setting up several new companies / initiatives of the Bank including SBI General Insurance, SBI Macquarie Infrastructure Fund, SBI-SG Global Securities Private Ltd., etc., as well as the launch of new IT platforms such as Mobile Banking and Financial Planning in the Bank. As Chief General Manager, Bengaluru Circle, she took keen interest in promoting Financial Inclusion and financing of Self Help Groups. She also had a stint in the Bank’s New York office where she was in charge of monitoring branch performance, overseeing External Audit and Correspondent Relations. Smt. Bhattacharya is also a Chairman on the Board of State Bank of Patiala, State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Travancore, SBI Global Factors Ltd., SBI Pension Funds Pvt. Ltd., SBI Life Insurance Company Ltd., SBI General Insurance Company Ltd, SBI Cards & Payment Services Pvt. Ltd, SBI DFHI Ltd, SBI Capital Markets Ltd and Director on the Board of Export-Import Bank of India.

Mr. Shishir Joshipura

Independent Director

Mr. Shishir Joshipura is the Managing Director of SKF India Limited since December 2009 and also the Country Manager for the region which includes the group’s business of SKF Technologies Private Limited and Lincoln Helios India Limited. He began his illustrious career of 27 years in Thermax as a trainee engineer and served in different capacities with the organization. He was appointed as Chief Executive Officer of Thermax Energy Performance Services Limited in 1999. Mr. Shishir Joshipura has deep knowledge in the field of Energy Efficiency, Renewable Energy and Carbon Intensity Reduction. Mr. Joshipura is also a Director on the board of Lincoln Helios India Limited & Alliance for an Energy Efficient Economy (non-profit making organization). He has also been awarded as UDYOG RATTAN from Institute of Economic Studies - 2011. Mr. Shishir Joshipura has done BE Mechanical from BITS, Pilani and Advance Management Programme (AMP) from Harvard Business School

Smt. Anuradha Rao

Managing Director & Chief Executive Officer​

Mrs. Anuradha Rao is an Officer in​ the rank of Deputy Managing Director of State Bank of India (SBI) and is on deputation to SBI Funds Management Private Limited as Managing Director & CEO. Mrs. Rao started her career with SBI in 1982 as Probationary Officer. Over relationship of 33 years with SBI, she has traversed through various functions and assignments. Before being promoted as Deputy Managing Director at SBI, her last assignment was Chief General Manager, Personal Banking in SBI, Mumbai (May 2014 – August 2016), where she was responsible for handling retail portfolio of Rs. 9 Lakh crores liabilities and Rs. 1.25 L​​akh crores assets.

• • General Manager (Network I & II), LHO, Kolkata Circle (Aug 2012 – May 2014)
• • General Manager (Marketing & Cross Selling), National Banking Group (NBG)Mumbai (Sep 2011 to Aug 2012)
• • Deputy General Manager (Home Loans), Real Estate H&HD, NBG, Mumbai (June 2008 – Sep 2011)
• •Assistant General Manager & Branch Head, SIB, Saifabad Branch, Hyderabad (May 2006 – May 2008)

Mr. Fathi Jerfel

Associate Director

Mr. Fathi Jerfel has an Engineering degree from Ecole Poly-technique, Engineering degree from the Institut Français du Petrole & Post graduate degree in Economics (Petroleum Management) from the University of Dijon. Mr. Fathi Jerfel is Deputy Chief Executive Officer of Amundi SA in charge of investment solutions for Retail Network Division. After a start at Credit Lyonnais as Head of Financial Engineering and Fixed Income (1986-2001), he joined Crédit Agricole Asset Management in 2002 as Head of Derivatives Arbitrage & Cumulative Research. In 2005, Mr. Jerfel was appointed as Chief Executive Officer of Crédit Agricole Structured Asset Management. Mr. Fathi is a Chairman on the Board of various Companies viz., Amundi Hellas; Amundi SGR S.P.A., Amundi Private Equity Funds, Amundi Immobilier, LCL Actions France, IKS KB, Etoile Gestion, Amundi Finance Emission, Amundi India Holding, Amundi Polska, LCL Emission, Amundi Issuance and Director on the Board of AMUNDI, Societe Generale Gestion, Wafa Gestion (Monoc), Structura, Amundi Japan Ltd, DNA, Radian, Amundi Finance, BFT Gestion, Nextstage SAS & Bawag PSK Invest.

Mr. Jashvant Raval

Independent Director

Mr. Jashvant Raval is a Practicing Chartered Accountant and is the Principal Partner of JCR & Co. since its inception in 1972. He has over 43 years of experience in statutory audit, internal audit, consultancy & investigation etc. Mr. Raval has extensive experience in statutory & internal audit of various companies including Banking / financial companies as well as advising for obtaining approval from RBI for Foreign Direct Investments, joint ventures and loans in foreign currency and rupee loans, Government of India’s approval for external commercial borrowings, long term finance from Financial institutions, divestments and obtaining required permissions (Overseas), investment companies abroad on tax laws and compliance in India (Overseas) etc. He has also handled fraud investigations in a co-operative bank, public company, investigation in a public interest litigation covering allegation of misappropriation of public issue money, investigation of a person notified by the Custodian under the Special Courts (TORTS) Act, 1992 etc. Mr. Raval is also a Director on the Board of JCR Consulting Private Limited.

Mr. Nicolas Simon

Alternate Director to Mr. Fathi Jerfel

Nicolas Simon has been deputed from Amundi Group as Deputy Chief Executive Officer of SBI Funds Management Private Limited w.e.f from November 1, 2015. Prior to joining SBI FM, Nicolas worked as CEO for Amundi Real Estate and CAAM Real Estate (2006 - 2015). Previously, he was associated with Henderson Global Investors as Head of Property, France (2003 - 2005) and with Generali Real Estate as CIO (1996 - 2002). He brings with him over 25 years of rich experience in Financial Services. He holds a post graduation in Law from Paris Pantheon-Assas University and Masters in Business Administration (MBA) from Toulouse Business School.

Mr. Om Prakash Gahrotra

Independent Director

Mr. Om Prakash Gahrotra has rich experience of over 35 years in various areas. viz. administration & finance sectors. He belongs to the 1969 batch of Indian Administrative Services (IAS), Maharashtra Cadre and retired as Additional Chief Secretary to the Government of Maharashtra As an Additional Chef Secretary, Finance he has responsible for the overall budgeting, planning and fiscal management of the State Of Maharashtra and during his tenure, the Government Presented Revenue Surplus budgets for the years of 2005-06 & 2006-07 (after a break of 13 years) which helped in rising the CRISIL rating of the Govt. of Maharashtra to 'Investment Grade'. Some of his key positions are Sales Tax Commissioner, Chief Secretary & Managing Director Maharashtra State Textile Corporation ad MD of Maharashtra State Co-operative Cotton Growers Marketing Federation Limited. As a Senior Executive Director of SEBI his responsibilities included regulating Primary Market, Foreign Institutional Investors, Corporate takeovers, Overseas Coordination and interaction with the International Organization of Securities Commissions (IOSCO) to ensure that the regulations and guidelines framed by SEBI are in line with international standards. He also handled the functioning of Secondary Markets in India including all Stock Exchanges. During this period, he was responsible for the introduction of Demat and the Derivative trading in the Indian capital market. Presently, Mr. Gahrotra is on the Board of various Companies, viz, Kalpataru Limited, Synergy Li Power Resources India Pvt. Ltd, Uttam Galva Steels Ltd, Intarvo Technologies Ltd, Banyan Tree Bank, Mauritius & Onang Management Advisory Services Pvt. Ltd

Dr. Prafulla Agnihotri

Independent Director

Dr. Prafulla Agnihotri holds a Master’s Degree in Management Studies (M.M.S.) in Marketing and Ph.D. in International Marketing Strategy and also holds a post-graduate diploma in Training and Development. He has a very rich experience in the Industry in sales, marketing and training as a professional corporate trainer and conducted numerous corporate training programmes like Management Development Programmes. He also has rich experience in Academics as professor, he teaches topics like Marketing Management, International Marketing, Services Marketing and Strategic Brand Management. He is the Founder Director & Professor of Marketing & Strategy at Indian Institute of Management (IIM) Tiruchirappalli. Before taking over the current post, he was a Professor of Marketing & Strategy at IIM Calcutta since July 2006 to February 2011 (currently on special leave to set up IIM Tiruchirappalli). He has co-authored a book titled ‘Principles of Marketing’, with Philip Kotler, Northwestern University, USA; Gary Armstrong, University of North Carolina, USA and Ehsan Ul Haq, Lahore University of Management Sciences, Pakistan which has been published by Pearson Education (Prentice Hall). He was declared the Best Teacher in Marketing Management at 16th Business School Affair and Dewang Mehta Business School Awards in September 2008 and was awarded the Best Professor in Marketing award at the Asia's Best B-School Awards by CMO Asia on 23rd July, 2010 at Singapore. He was also awarded with the "Bharat Jyoti Award" for his exemplary services in the education sector by India International Friendship Society.

Mr. Dinesh Kumar Khara

Associate Director

Mr. Dinesh Kumar Khara is the Managing Director of Associates & Subsidiaries wing of State Bank of India (SBI). He holds a Board level position in the Bank Supervising the businesses of SBI's five Associates Banks and nine subsidiaries.

Mr. Dinesh Kumar Khara, did his Masters in Business Administration from FMS New Delhi and is a post graduate in Commerce. He is also a Certified Associate of Indian Institute of Bankers (CAIIB). Mr. Khara joined SBI as Probationary Officer in 1984 and has over 31 year of experience in all facets of Commercial banking such as Retail Credit, SME/Corporate Credit, deposit mobilization, international banking operations, branch management, etc.

Prior to being appointed as Managing Director of State Bank of India, Mr. Khara was the Managing Director & CEO of SBIFMPL. Before that, he was Chief General Manager - Bhopal Circle, State Bank of India and was responsible of managing aroung 1400 branched and handling deposits and advances portfolio of approx. Rs. 1.51 lac crores. During his tenure the Bank increased market share in its area of operation and also improved profitability of key businesses by formulating and implementing strategies for effective delivery of products and services with a clear focus on maximizing profits. Mr. Khara as General Manager in Associates and subsidiaries department of SBI Corporate Center had worked closely with the operational and strategy issue of various Non-banking subsidiaries of SBI.​​

Mr. Jean-Yves Glain

Associate Director

Mr. Jean-Yves Glain is the Head of the International Support and Marketing Intelligence Departments of Amundi, Paris and also responsible for joint venture supervision of Amundi. He has over 32 years of experience in the Finance industry. Mr. Glain has been associated with Amundi since 1995 and has worked in various capacities like Secretary General of the Support Department, heading the international development of the Amundi. Prior to joining Amundi, he was also associated with Cyril Finance Gestion (French asset manager) as Head of Sales from April 1991 to July 1995; BAFIP (French asset manager) as member of Institutional Sales team from Oct 1987 to March 1991 and with Bank of America, Paris from Feb 1985 to Sept 1987.​

Mr. C. N. Ram

Independent Director

Mr. C. N. Ram has done B.Tech (Electronics) from IIT, Madras & PGDM from IIM Ahmedabad. Presently, he is associated with Warburg Pincus India Private Ltd. as Senior Advisor since 2015.

He started his career in 1979 as a graduate trainee at Tata Steel in Jamshedpur and moved to Bank of America in Mumbai in 1982 managing IT and served as VP & Country Systems Manager till 1994. Mr. Ram joined HDFC Bank as Chief Information Officer and Head of Information Technology since July 1994 and was responsible for its IT activities as well as its subsidiaries. He supported the entire range of banking services from Retail Banking to International operations and managed a team of 350 IT professionals. He worked at HDFC Bank until June 2008. He also worked with Essar Ltd as Group President – CIO from 2010 to 2013.

Mr. Ram is the Co-Founder & Director of Rural Shores Business Services, a socially-oriented commercial company to help rural entrepreneurs set up BPOs in villages. He has served as a member of the Global Customer Advisory Board of NCR Corporation for their Self-Service business, the Asia-Pacific Technology Advisory Board of VISA International & the Customer Executive Advisory Board of Sun Microsystems. He was also a Member of the Reserve Bank of India's (RBI) IT Advisory Committee. He had served on committees constituted by the RBI to advise on Cheque Truncation, Technology for Financial Inclusion, setting up of a multi-bank telecommunications network etc. He has also served as an Advisor to the National Depositories Limited and the National Payments Corporation of India Limited. Most recently he was on the RBI’s Technology Committee for Mobile Banking and the Forward Markets Commissions’ Advisory Committee on Technology. He is also a member of the CIO Angel Network (CAN).

Mr. Ram is the first recipient of The Konrad Zuse Medal of Honour for Lifetime Achievement in Business Technology instituted by the CIO Association of India in 2013. He was conferred the CIO Masters Lifetime Achievement Award instituted by Biztech2.com & Network18 in 2013. He is also the recipient of the Lifetime Achievement Award conferred by the CIO Leadership forum C-Change in 2015.