ABOUT US

Shri M.R.Kumar

Chairman

Shri M.R.Kumar has assumed charge as Non-Executive Chairman of Bank of India on 22.02.2024.

Shri Kumar is a Science graduate from University of Madras. He has served as Chairman, LIC of India from March 2019 to March 2023. He joined LIC of India in 1983 as a Direct Recruit Officer. In a career spanning more than three and a half decades, he has had the unique privilege of heading three Zones of LIC of India, viz. Southern Zone, North Central Zone and Northern Zone, head quartered at Chennai, Kanpur and Delhi, respectively.

As an Executive Director, he headed the Personnel Department as well as the Pension and Group Insurance vertical of the Corporation. During his tenure, several initiatives were rolled out for the benefit of the employees. Moreover, working in different streams of life insurance management viz., administrative, marketing, group and social securities, has given him the twin advantages of enriched knowledge and clarity on processes and procedures in the life insurance industry.

In addition to being Chairman of LIC, he was also the Non-Executive Chairman of LIC Housing Finance Ltd., LIC Pension Fund Ltd, LIC Mutual Fund AMC Ltd., LIC Cards Services Ltd., IDBI Bank, LIC Singapore Pte. Ltd., LIC Lanka Ltd., LIC (International) BSC, Bahrain, LIC Nepal. Ltd. As Non-executive Chairman of IDBI Bank, he was involved in strategizing the turnaround of IDBI Bank from a loss making entity to profitable one.

He also held position as Director on the Board of Kenindia Assurance Co. Ltd, Kenya and ACC Ltd., India.

He was also Chairman of the Governing Board of National Insurance Academy, President of Insurance Institute of India and Chairman of Council of Insurance Ombudsman.

Currently, he is Director on the Board of Ambuja Cements Ltd.

Shri Rajneesh Karnatak

Managing Director and CEO

Shri Rajneesh Karnatak has assumed charge as Managing Director & Chief Executive Officer of Bank of India on 29th April, 2023. He was Chief General Manager of Punjab National Bank until his appointment as Executive Director in Union Bank of India from October 21, 2021. He is a post Graduate in Commerce (M.Com) and is a Certified Associate from Indian Institute of Bankers (CAIIB).

Shri Karnatak has a rich banking experience of over 30 years and carries varied branch and Administrative office experience. As General Manager in erstwhile Oriental Bank of Commerce, he has headed Large Corporate Credit Branches and verticals such as Credit Monitoring, Digital Banking and Mid Corporate Credit. Post amalgamation of Oriental Bank of Commerce into Punjab National Bank, he has also headed Credit Review & Monitoring Division and Corporate Credit Division in Punjab National Bank.

Shri Karnatak has attended various training and Leadership Development Program from IIM-Kozhikode and JNIDB Hyderabad and has also taken part in Advance Management Programme at IMI (International Management Institute) Delhi & IIBF (Indian Institute of Banking & Finance). He was a part of 1st batch of Senior Officers selected by Bank Board Bureau for Leadership Development Program of IIM Bangalore & Egon Zehnder. He carries credit appraisal skills including project funding & working capital funding along with Risk Management with specific reference/ special emphasis on Credit Risk.

Shri Karnatak has served as Non-Executive Chairman of UBI Services Ltd., on behalf of Union Bank of India. He has also served as Non Independent Non-Executive Director on the Board of UBI (UK) Limited. He was a member of the Governing Board of Indian Institute of Bank Management (IIBM) Guwahati. He has served as Nominee Director on behalf of Punjab National Bank on the Board of PNB Housing Finance Ltd., and India SME Asset Reconstruction Company Limited. He also served as Board Trustee on IAMCL (IIFCL Asset Management Co. Ltd).

He is serving in various Committee's of IBA , IBPS & NIBM etc. He is Chairman of the Committee on IBA Sectoral Committee on IFSC GIFT City — Banking Units of IBA and Chairman of the Finance Committee of IBPS. Also, he is Member of the Governing Board in IBPS & NIBM.

Shri M.R.Kumar

Chairman

Shri M.R.Kumar has assumed charge as Non-Executive Chairman of Bank of India on 22.02.2024.

Shri Kumar is a Science graduate from University of Madras. He has served as Chairman, LIC of India from March 2019 to March 2023. He joined LIC of India in 1983 as a Direct Recruit Officer. In a career spanning more than three and a half decades, he has had the unique privilege of heading three Zones of LIC of India, viz. Southern Zone, North Central Zone and Northern Zone, head quartered at Chennai, Kanpur and Delhi, respectively.

As an Executive Director, he headed the Personnel Department as well as the Pension and Group Insurance vertical of the Corporation. During his tenure, several initiatives were rolled out for the benefit of the employees. Moreover, working in different streams of life insurance management viz., administrative, marketing, group and social securities, has given him the twin advantages of enriched knowledge and clarity on processes and procedures in the life insurance industry.

In addition to being Chairman of LIC, he was also the Non-Executive Chairman of LIC Housing Finance Ltd., LIC Pension Fund Ltd, LIC Mutual Fund AMC Ltd., LIC Cards Services Ltd., IDBI Bank, LIC Singapore Pte. Ltd., LIC Lanka Ltd., LIC (International) BSC, Bahrain, LIC Nepal. Ltd. As Non-executive Chairman of IDBI Bank, he was involved in strategizing the turnaround of IDBI Bank from a loss making entity to profitable one.

He also held position as Director on the Board of Kenindia Assurance Co. Ltd, Kenya and ACC Ltd., India.

He was also Chairman of the Governing Board of National Insurance Academy, President of Insurance Institute of India and Chairman of Council of Insurance Ombudsman.

Currently, he is Director on the Board of Ambuja Cements Ltd.

Shri Rajneesh Karnatak

Managing Director and CEO

Shri Rajneesh Karnatak has assumed charge as Managing Director & Chief Executive Officer of Bank of India on 29th April, 2023. He was Chief General Manager of Punjab National Bank until his appointment as Executive Director in Union Bank of India from October 21, 2021. He is a post Graduate in Commerce (M.Com) and is a Certified Associate from Indian Institute of Bankers (CAIIB).

Shri Karnatak has a rich banking experience of over 30 years and carries varied branch and Administrative office experience. As General Manager in erstwhile Oriental Bank of Commerce, he has headed Large Corporate Credit Branches and verticals such as Credit Monitoring, Digital Banking and Mid Corporate Credit. Post amalgamation of Oriental Bank of Commerce into Punjab National Bank, he has also headed Credit Review & Monitoring Division and Corporate Credit Division in Punjab National Bank.

Shri Karnatak has attended various training and Leadership Development Program from IIM-Kozhikode and JNIDB Hyderabad and has also taken part in Advance Management Programme at IMI (International Management Institute) Delhi & IIBF (Indian Institute of Banking & Finance). He was a part of 1st batch of Senior Officers selected by Bank Board Bureau for Leadership Development Program of IIM Bangalore & Egon Zehnder. He carries credit appraisal skills including project funding & working capital funding along with Risk Management with specific reference/ special emphasis on Credit Risk.

Shri Karnatak has served as Non-Executive Chairman of UBI Services Ltd., on behalf of Union Bank of India. He has also served as Non Independent Non-Executive Director on the Board of UBI (UK) Limited. He was a member of the Governing Board of Indian Institute of Bank Management (IIBM) Guwahati. He has served as Nominee Director on behalf of Punjab National Bank on the Board of PNB Housing Finance Ltd., and India SME Asset Reconstruction Company Limited. He also served as Board Trustee on IAMCL (IIFCL Asset Management Co. Ltd).

He is serving in various Committee's of IBA , IBPS & NIBM etc. He is Chairman of the Committee on IBA Sectoral Committee on IFSC GIFT City — Banking Units of IBA and Chairman of the Finance Committee of IBPS. Also, he is Member of the Governing Board in IBPS & NIBM.

SHRI P R RAJAGOPAL

Executive Director

Shri P R Rajagopal, is a commerce graduate and Bachelor in Law (BL). He started his career in Bank of India as an officer in 1995 and become Senior Manager in 2000. Seconded to Indian Banks' Association as Legal Adviser and was with IBA till 2004 till repatriation to Bank of India. He joined Union Bank of India in 2004 and elevated to the rank of General Manager in the year 2016. On elevation to the position of Executive Director, he joined Allahabad Bank on 01.03.2019

He has taken charge as Executive Director, Bank of India on March 18, 2020.

SHRI M KARTHIKEYAN

Executive Director

Mr. M Karthikeyan held the position of General Manager (Corporate Development Officer) at Indian Bank.. He is Master of Science in Agriculture, Certified Associate of Indian Institute of Bankers (CAIIB), Diploma in GUI Application, Diploma in Management. During his professional journey of over 32 years, he has extensive exposure of Corporate office and field level banking. He was Zonal Manager of Dharmapuri, Pune and Chennai North Zone. He was Field General Manager Delhi controlling 8 zones. He has successfully headed the Recovery and Legal Department at Head Office.

He was also on the Board of Tamil Nadu Grama Bank which was formed as a merged entity of two RRBs namely Pandian Grama Bank, a subsidiary of Indian Overseas Bank with Pallavan Grama Bank, a subsidiary of Indian Bank.

He has taken charge as Executive Director, Bank of India on 10.03.2021.

Shri Subrat Kumar

Executive Director

Shri Subrat Kumar has been appointed as Executive Director of Bank of India and assumed charge on 21.11.2022. Shri Kumar is a B.Sc., MBA & CAIIB qualified Banker. He has over 27 years of experience in Commercial Banks / Asset Management Co.

During his long stint in the Banking Industry, he gained varied exposures in all important spheres of operational and strategic Banking with special expertise in Treasury & Investment Banking, Risk Management, Credit Monitoring & Corporate Banking. He successfully handled the responsibilities such as Regional Head, Patna, Head of Treasury Management, Audit & Inspection, Credit Monitoring & Corporate Credit. He held the position of Chief Risk Officer (eVB) and Chief Financial Officer (CFO) of the Bank as well.

He was also on the Boards of FIMMDA and BoB Capital Markets Ltd.

Shri. Rajiv Mishra

Executive Director

Shri. Rajiv Mishra joined Bank of India as an Executive Director on March 01, 2024. He has completed his post-graduation with an MBA, B.E, and is a Certified Associate of the Indian Institute of Bankers and the Insurance Institute of India. He was part of the Leadership Development Program for Senior PSB Management with BBB and IIM-Bangalore.

Shri. Mishra has 24 years of deep and diverse experience across Digital, Analytics & IT, Retail and MSME Credit and Recovery. He spearheaded the digital journey transformation for Union Bank of India, including the launch of their flagship mobile app VYOM.

Shri. Mishra has occupied multiple leadership positions across field and verticals. He led the successful business performance of Union Bank of India’s largest and critical units viz., Mumbai, Lucknow, Kolkata and Varanasi as Zonal Head and Regional Head. He has also headed Digital, IT & Analytics, Recovery and Liabilities. Shri. Mishra has also served on the boards of Kashi Gomti Samyut Gramin Bank, Varanasi, UP Industrial Consultant Ltd, established by Govt. of UP, SIDBI & PSBs and UBI Services Ltd.

Shri Manoj Muttathil Ayyappan

GOI Nominee Director

Shri Manoj Muttathil Ayyappan, appointed as Government of India Nominee Director in Bank of India from 05.08.2024. He holds a Master’s degree in Business Administration (MBA) and had done B.Sc. from Mahatma Gandhi University, Kottayam, Kerala.

Presently, he is posted as Joint Secretary in the Department of Financial Services (DFS), Ministry of Finance, Government of India, New Delhi.

Earlier, he had worked as Business Head, MSME (SMART Business Segment) in Karur Vysya Bank. He has also worked as Business Head (MSME) with Utkarsh Small Finance Bank. He has rich experience of over 25 Years in SME lending, Financial Analysis, Trade Finance, Risk Management, Stressed Account Management and Credit Operations. Prior to Utkarsh Small Finance Bank, he has worked with Axis Bank Ltd., as Circle Head-Commercial Banking. He also had stints with Accenture Management Consulting, Infosys BPO and Bank of Madura Limited.

SHRI ASHOK NARAIN

RBI Nominee Director

Shri Ashok Narain retired as Chief General Manager, Department of Supervision, Reserve Bank of India in 2022 after 33 years of service including about 18 years in supervisory regulatory domain. He led several on-site examination of banks and also shaped the development of off-site supervision of commercial banks and urban cooperative banks.

He was entrusted to implement Enterprise wise Risk Management for the RBI and he also guided the development of ERM architecture for the Central Bank Sri Lanka. He was nominated by RBI in various national and international working groups, as well as a member in the board of private sector commercial bank. He represented the RBI as a member of international Operational Risk Working Group (IORWG) 2014-16 the G20-OECD Task Force on Financial Consumer Protection (2017 and 2018) and as co-lead of Non-Banking Financial Institutions team (for credit institutions) of the Non-Banking Monitoring Expert Group of Financial Stability Board Basel during 2019-22.

He is empanelled by the International Monetary Fund as a Financial Sector Specialist since 2022.

He has assumed office w.e.f.14.07.2023.

SHRI MUNISH KUMAR RALHAN

PART TIME NON OFFICIAL DIRECTOR

Shri Munish Kumar Ralhan is a graduate in Science (B.Sc) and LLB. He is a Practicing advocate in Punjab and Haryana High Court and Subordinate Courts, having rich experience of 25 years dealing with cases relating to Civil, Criminal, Revenue, Matrimonial, Banking, Insurance Companies, Consumer, Property, Accident cases, Service matters, etc.

He is the Standing Counsel for Union of India at Hoshiarpur, Punjab.

He was appointed w.e.f 21.03.2022 for a period of 3 years or until further orders, whichever is earlier.

Shri V V Shenoy

Shareholder Director

Shri Vishwanath Vittal Shenoy from Mumbai is a Graduate in Commerce and is a certified banker (CAIIB). He retired as Executive Director (ED) of Indian Bank. As ED, he was overseeing Large Corporate Credit, Mid Corporate Credit, International Banking, Treasury, Human Resources, Human Development, Board Secretariat, etc.

He has over 38 years of Banking Experience having held various positions in Union Bank of India earlier. He was also a Non Executive Director of Universal Sompo General Insurance Company Ltd., Indbank Merchant Banking Services Ltd., Ind Bank Housing Ltd., Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) as a nominee of Indian Bank.

He has assumed office w.e.f 29.11.2022 for a period of 3 years.

Dr (HC) Jamuna Ravi

Shareholder Director

Smt. Jamuna Ravi is Masters in Science (Tech), Computer Science from BITS, Pilani, Rajasthan. She is an Information Technology leader with 35+ years of experience in the global IT industry. She has navigated from the role of a programmer to a senior leader in TCS, followed by many senior leadership roles in marquee companies like Infosys, Shell and HSBC. She was able to get an insider view of the industry in a global setting. She has also benefitted from the industry linked education on leading organisational change from universities like London Business School, Harvard, Stanford, etc.

Her global leadership positions in technology, mainly around the Banking and Capital Markets industry, has given her good exposure to best practices and latest trends in technology for banking globally. She is a Certified Information Systems Auditor and also Certified in Governance of Enterprise Information and Technology. She also has an honorary doctorate in Computer Science from Azteca University,

She is empanelled as an Independent Director by the Indian Institute of Company Affairs.

SHRI P R RAJAGOPAL

EXECUTIVE DIRECTOR

Shri P R Rajagopal, is a commerce graduate and Bachelor in Law (BL). He started his career in Bank of India as an officer in 1995 and become Senior Manager in 2000. Seconded to Indian Banks' Association as Legal Adviser and was with IBA till 2004 till repatriation to Bank of India. He joined Union Bank of India in 2004 and elevated to the rank of General Manager in the year 2016. On elevation to the position of Executive Director, he joined Allahabad Bank on 01.03.2019

He has taken charge as Executive Director, Bank of India on March 18, 2020.

SHRI M KARTHIKEYAN

EXECUTIVE DIRECTOR

Mr. M Karthikeyan held the position of General Manager (Corporate Development Officer) at Indian Bank.. He is Master of Science in Agriculture, Certified Associate of Indian Institute of Bankers (CAIIB), Diploma in GUI Application, Diploma in Management. During his professional journey of over 32 years, he has extensive exposure of Corporate office and field level banking. He was Zonal Manager of Dharmapuri, Pune and Chennai North Zone. He was Field General Manager Delhi controlling 8 zones. He has successfully headed the Recovery and Legal Department at Head Office.

He was also on the Board of Tamil Nadu Grama Bank which was formed as a merged entity of two RRBs namely Pandian Grama Bank, a subsidiary of Indian Overseas Bank with Pallavan Grama Bank, a subsidiary of Indian Bank.

He has taken charge as Executive Director, Bank of India on 10.03.2021.

Shri Subrat Kumar

Executive Director

Shri Subrat Kumar has been appointed as Executive Director of Bank of India and assumed charge on 21.11.2022. Shri Kumar is a B.Sc., MBA & CAIIB qualified Banker. He has over 27 years of experience in Commercial Banks / Asset Management Co.

During his long stint in the Banking Industry, he gained varied exposures in all important spheres of operational and strategic Banking with special expertise in Treasury & Investment Banking, Risk Management, Credit Monitoring & Corporate Banking. He successfully handled the responsibilities such as Regional Head, Patna, Head of Treasury Management, Audit & Inspection, Credit Monitoring & Corporate Credit. He held the position of Chief Risk Officer (eVB) and Chief Financial Officer (CFO) of the Bank as well.

He was also on the Boards of FIMMDA and BoB Capital Markets Ltd.

Shri. Rajiv Mishra

Executive Director

Shri. Rajiv Mishra joined Bank of India as an Executive Director on March 01, 2024. He has completed his post-graduation with an MBA, B.E, and is a Certified Associate of the Indian Institute of Bankers and the Insurance Institute of India. He was part of the Leadership Development Program for Senior PSB Management with BBB and IIM-Bangalore.

Shri. Mishra has 24 years of deep and diverse experience across Digital, Analytics & IT, Retail and MSME Credit and Recovery. He spearheaded the digital journey transformation for Union Bank of India, including the launch of their flagship mobile app VYOM.

Shri. Mishra has occupied multiple leadership positions across field and verticals. He led the successful business performance of Union Bank of India’s largest and critical units viz., Mumbai, Lucknow, Kolkata and Varanasi as Zonal Head and Regional Head. He has also headed Digital, IT & Analytics, Recovery and Liabilities. Shri. Mishra has also served on the boards of Kashi Gomti Samyut Gramin Bank, Varanasi, UP Industrial Consultant Ltd, established by Govt. of UP, SIDBI & PSBs and UBI Services Ltd.

Shri Vishnu Kumar Gupta

CHIEF VIGILANCE OFFICER (CVO)

Shri Vishnu Kumar Gupta, aged 56 years, assumed charge as Chief Vigilance Officer of Bank of India on 01.12.2022. Shri Gupta is Chief General Manager in Punjab National Bank.
Shri Gupta joined as probationary officer in 1993 at STC-Noida, (e) Oriental Bank of Commerce. He is having more than three decades of professional banking experience in (e) Oriental Bank of Commerce and Punjab National Bank with extensive exposure in many important areas of banking including Forex, Corporate Credit, Human Resource and as Branch Incumbent, Regional Head, Cluster Monitoring Head, Circle Head, and Zonal Manager.
Shri Gupta has worked in 13 different geographic locations across the country including Delhi, Mumbai, Hyderabad, Ahmedabad, Pune, Surat, Jaipur and Bhopal.
Shri Gupta is Post Graduate in Accounts & Business Statistics and MBA ( Mktg. & Finance). He has also done diploma in Personnel Mgmt & Labour Welfare from University of Rajasthan, Jaipur and M.P.M I.R., Post Graduate Diploma in Business Management from IGNOU, New Delhi.

ABHIJIT BOSE

ASHOK KUMAR PATHAK

SUDHIRANJAN PADHI

PRAFULLA KUMAR GIRI

PINAPALA HARI KISHAN

Sharda Bhushan Rai

Nitin G Deshpande

Gyaneshwar J Prasad

Rajesh Sadashiv Ingle

PRASHANT THAPLIYAL

RAJESH KUMAR RAM

SUNIL SHARMA

Lokesh Krishna

Kuldeep Jindal

Uddalok Bhattacharya

Pramod Kumar Dwibedi

Amitabh Banerjee

Radha Kanta Hota

B Kumar

Geetha Nagarajan

Biswajit Mishra

Vivekanand Dubey

Sanjay Rama Srivastava

Manoj Kumar Singh

Vasu Dev

Subrata Kumar Roy

Shankar Sen

Satyendra Singh

Sanjib Sarkar

Pushpa Chaudhary

Dhananjay Kumar

Nakula Behera

Anil Kumar Verma

MANOJ KUMAR

ANJALI BHATNAGAR

SUVENDU KUMAR BEHERA

RAJNISH BHARDWAJ

MUKESH SHARMA

VIJAY MADHAVRAO PARLIKAR

PRASHANT KUMAR SINGH

VIKASH KRISHNA

SHAMPA SUDHIR BISWAS

SOUNDARJYA BHUSAN SAHANI

DEEPAK KUMAR GUPTA

CHANDER MOHAN KUMRA

SUDHAKAR S. PASUMARTHY

AJEYA THAKUR

SUBHAKAR MYLABATHULA

AMRENDRA KUMAR

MANOJ KUMAR SRIVASTAVA

G UNNIKRISHNAN

Ashutosh Mishra

V Anand

RAGHVENDRA KUMAR

RAMESH CHANDRA BEHERA

SANTOSH S

Mr. Ratanjee Dadabhoy Tata

Sir Sassoon David

Mr. Gordhandas Khattau

Sir Cowasjee Jehangir, 1st Baronet

Sir Lalubhai Samaldas

Mr. Khetsey Khiasey

Mr. Ramnarain Hurnundrai

Mr. Jenarrayen Hindoomull Dani

Mr. Noordin Ebrahim Noordin

Mr. Shapurji Broacha