BOARD OF DIRECTORS
Nitin Chugh is the Managing Director and Chief Executive Officer of our bank. He holds a bachelor’s degree in technology (electrical engineering) from Kurukshetra University and a professional diploma in marketing management from All India Management Association. He has previously worked with HDFC Bank Limited, Standard Chartered Bank, HCL, Hewlett Packard Limited and Modi Xerox Limited. He was appointed as the Managing Director and Chief Executive Officer of our Bank with effect from December 01, 2019.
Mona Kachhwaha is a Non-Executive Director of our Bank. She hold a post graduate diploma in business management from XLRI Jamshedpur and has completed a private equity programme from Oxford University. She was previously employed with Citibank N.A. and Caspian Impact Investment Adviser Private Limited.
Ittira Davis is an Additional Director (Non-Executive, Non-Independent) of our Bank. He is an international banker with over 40 years of banking experience having worked extensively in the Middle East and Europe. He was with the Europe Arab Bank from July 2008 to October 2012 initially as the Managing Director – Corporate and Institutional Banking and then as an Executive Director. He has previously worked with Citibank in India and the Arab Bank Group in the Middle East. He joined Ujjivan in March 2015 to manage the transition to an SFB. Later, he was the Chief Operating Officer of our Bank until June 2018. Ittira Davis was the MD & CEO of Ujjivan Financial Services Limited from July 2018 until March 2021. He is a graduate from the Indian Institute of Management, Ahmedabad.
Rajesh Kumar Jogi
Rajesh Kumar Jogi joins the Bank as an Additional Director (Non-Executive, Non-Independent). Rajesh brings rich work experience of 27 years in the Banking Industry with a focus on risk management. He last worked with the Natwest Group (erstwhile RBS Group) where he led key strategic projects and transformation. He was the Chief Risk Officer, India of the Royal Bank of Scotland and subsequently the Country Head of Risk, India for the Group. Rajesh holds a Bachelor of Arts degree in Economics and is a Fellow member of the Institute of Chartered Accountants of India. He also attended the Advanced Management Program from the Harvard Business School in Boston.
Chitra Kartik Alai
Chitra Kartik Alai is a Non-Executive Nominee Director of our Bank. She holds a bachelor’s degree in commerce from Osmania University and master’s diploma in business administration from Symbiosis Institute of Management Studies. She is a certified associate of the Indian Institute of Banking and Finance. She is currently a general manager at the Chennai regional office of SIDBI.
Prabal Kumar Sen
Prabal Kumar Sen is an Independent Director of our Bank. He holds Master’s degree in Arts (Economics) with specialization in Agricultural Economics from Calcutta University. Mr. Sen was a Professor at XLRI, Jamshedpur, earlier Bank of Baroda Chair Professor at Institute of Rural Management Anand (IRMA) and Lecturer in PG Dept of Economics, at University of Burdwan. He had previously worked for United Bank of India in the Senior Management Grade and earlier worked as an Interpreting Officer in the Calcutta High Court.
Nandlal Laxminarayan Sarda
Nandlal Laxminarayan Sarda is an Independent Director of our Bank. He holds a master of technology degree in electrical engineering and doctor of philosophy degree from the Indian Institute of Technology, Bombay. He has previously served as a director on the boards of the Union Bank of India, Clearing Corporation of India and Andhra Bank. He was a professor in the department of computer science and engineering at Indian Institute of Technology, Bombay.
Mahadev Lakshminarayanan is an Independent Director of our Bank. He holds a bachelor’s degree in science from Kerala University and is a chartered accountant from the Institute of Chartered Accountants of India. He was previously a partner at Deloitte Haskins & Sells LLP and Fraser & Ross and is currently Chairman of the Board of Directors of Aspinwall and Company Limited.
Umang Bedi is an Independent Director of our Bank. He holds a bachelor’s degree in engineering from University of Pune, Maharashtra and has completed general management program from Harvard Business School, Boston, Massachusetts. He is a Co-Founder of Dailyhunt, India’s largest local language content & news discovery platform across 14 Indian languages. He was previously the Managing Director - India and South Asia with Facebook India Online Services Private Limited, ADOBE Systems India Private Limited and Intuit Inc.
Rajni Mishra is an Additional Director (Independent) of our Bank. She holds Master’s Degree in Commerce (Gold Medalist) from M S University, Vadodara. She has been a career banker for nearly four decades, with State Bank of India as well as its Associate Banks where she has handled varied assignments and diverse portfolios, gaining exposure in Branch Administration, Corporate Credit, Forex Treasury, Vigilance, Audit & Inspection etc. She is the Chairperson and Independent Director on the Board of M/s NCL Buildtek Limited, Hyderabad, a leading manufacturer of building materials and a Group Company of M/s NCL Industries (erstwhile Nagarjuna Cement Industries).
Harish Devarajan is an Additional Director (Independent) of our Bank. He holds bachelor's degree in commerce from Madras University and PGDPM&IR from XLRI, Jamshedpur. He has gained rich experience working with TVS Sundram Fasteners Ltd. and Hindustan Unilever Ltd.(as Vice President HR). He was on the Board of Bank of India and has been a freelance Leadership Coach and Organization Consultant since 2008.
Umesh Bellur is an Additional Director (Independent) of our Bank. He holds a doctor of philosophy degree from Syracuse University, Syracuse, NY, USA. He is a professor and Department Head of Computer Science and Engineering at IIT Bombay. Mr. Bellur has worked with various organizations including TCSI Corp, Oracle Corp, Covad Comm. Corp, Collation Inc. in California and was a member of Technology Advisory Board for the SEBI, SBI, Clearing Corporation of India and NSDL. He is currently serving as director on Board of Central Depository Services (India) Limited.