STCI Finance Ltd : About Us

About

Board of Directors

 

Ms. Thankom T Mathew
Non-Executive Director

She is former Executive Director of the Life Insurance Corporation of India. She has 36 years of experience in the Life Insurance industry. In LIC, she was the first lady officer to head 2 major divisions – Mumbai & Bangalore - as Senior Divisional Manager In-charge. She has handled HR, operations, marketing, and customer related areas of LIC. She was also Chief of Corporate Communications of LIC. She is trained and accredited by the Institute of Directors in Corporate Governance & Company Law.

 

Mr.Gopal Singh Gusain
Non-Executive Director

Gopal Singh Gusain is a veteran banker having vast experience in every aspect of banking. He was Executive Director (Whole time Director) on board of Union Bank of India where he looked after Corporate Credit, Foreign Exchange, Treasury, Business Process Transformation. He actively looked after merger of Andhra Bank and Corporation Bank into Union Bank of India. As career banker from Punjab National Bank, he worked in various capacities as Chief Credit officer, Chief Risk officer, Chief Compliance officer, Chief Executive (Hongkong operations). He has vast experience in Credit and Risk Management. Shri Gusain was part of team whose name appears as holder of patent filed by PNB for risk models.

 

Mr. Arun Kumar Mandal
Non-Executive Director

He is an Ex-General Manager of Bank of India with 35 plus years of national and international experience in Large Corporate Credit including Management & Resolution of Stressed Asset of the Bank. He specializes in Financial Appraisal of Large Corporate Credit, Appraisal & Financing of Infra-Structure Projects, International Banking, Management of Stressed Asset of the Bank (SMA/ NPA), Restructuring/Structuring of the debt/ Change in Management, CDR, Corporate Insolvency Resolution Process under IBC, Inter Creditor Agreement. He is also a Guest Speaker with IIBF.

 

Mr. Sidheshwer Patra
Non-Executive Director

Mr. Sidheshwer Patra is a seasoned banker with more than 36 years of experience in Risk Management, Treasury & Investment, Corporate Credit, Retail Credit, Credit Monitoring, Compliance, Audit, MSME Lending, Agriculture Lending, Housing & Mortgage Loans and Retail Liabilities. He retired as Chief General Manager and Chief Risk Officer in Bank of Baroda on 28th February, 2021. Prior to that he was Chief Risk Officer and Head of Treasury, Investment and Funds Raising at Vijaya Bank. He headed Delhi, Bangalore and Kolkata Zones as Field General Manager. He has also worked as Head of Credit Monitoring and Asset Quality and Head of Risk Management and Funds Transfer Pricing. He was a nominee director on the Board of M/s. CORDEX. He has been a member of various Committees formed by RBI and IBA in the field of Risk Management and was a Member/ Chairman of several Internal Committees of the Bank. He holds a Bachelor degree in Science, MBA in Finance and Banking and is an M.A in Public Administration with professional qualification of CAIIB, FRM and NCFM.

 

Mr. Raghvendra Kumar
Nominee Director
(Nominee of Bank of India)

Mr. Raghvendra Kumar has over 28 years of experience in the Banking Sector. He is a seasoned banker with wide experience in Indian and International Banking including forex operations, trade finance and overseas assignment. He is a science graduate, CAIIB and holds a Dealing Certificate from ACI, Paris. He has been the Chief Dealer of Bank of India Global Treasury. Presently he is a General Manager in Bank of India, holding the portfolios of Treasury (B.O.), Foreign Business Department and Domestic Subsidiaries Management Division.

 

Mr. Bikram Keshari Mishra
Nominee Director
(Nominee of Bank of India)

Mr. Bikram Keshari Mishra has over 31 years of experience in the Banking Sector. He is a seasoned banker with wide experience in Indian Banking. He is a Post graduate, CAIIB and holds a IDRBT Certification programme in it and Cyber Security for Senior Management Presently he is a General Manager in Bank of India, holding the portfolios of Recovery. He have wide experience in Branch/SME/Corporate Banking.

 

Mr. V Narayanamurthy
MD & CEO

Mr. V Narayanamurthy is a career Banker with 32 years of operational and strategic experience in IDBI Bank Limited covering retail and corporate banking, project appraisal, corporate planning and policy, human resource, corporate communications, organisation systems and procedures, strategic investments, corporate social responsibilities. He has been Executive Assistant to Chairman and Managing Director of IDBI Bank. He has been Executive Director of IDBI Bank from May 2018. He has done Masters of Financial Management from Jamnalal Bajaj Institute for Management Studies, University of Bombay and is a Certified Associate of the Indian Institute of Bankers, Indian Institute of Banking and Finance.


Details of Resignation/ cessation of Directors:

  1. Mr. Jayant Sinha resigned as Director of the Company with effect from November 11, 2014, pursuant to his assuming charge as Minister of State in the Union Council of Ministers.
  2. Mr. S. Venkateswarlu retired as Managing Director of the Company on the close of business of April 30, 2015.
  3. Mrs. V. R. Iyer has resigned as Chairperson of the Company with effect from June 01, 2015 consequent to her retirement as CMD of Bank of India.
  4. Mr. Ajeet Kumar resigned as Director of the Company with effect from March 29, 2016.
  5. Mr. Yogesh Gaat resigned as Managing Director & CEO of the Company with effect from December 24, 2016.
  6. Mr. Melwyn O Rego resigned as Director of the Company with effect from May 05, 2017 consequent to his appointment as MD & CEO of Syndicate Bank.
  7. Mr. S.K Behera ceased to be Deputy Managing Director and Director of the Company from the close of business of March 28, 2018 consequent to change in nomination by Bank of India.
  8. Mr. K. Narasimha Murthy, Mr. S.Ravi and Mr. T.V Rao ceased to hold office as Independent Directors of the Company on conclusion of their second term on the close of business of September 21, 2019
  9. Mr. T.C.Venkat Subramanian retired at the 25th Annual General Meeting held on September 27, 2019.
  10. Mr. Vivek Wahi, Nominee Director has submitted his resignation vide letter dated 30.3.2021 consequent to his appointment as ED of Central Bank of India.
  11. Mr. Pradeep Madhav stepped down as Managing Director & CEO of the Company and resigned as a Director on the close of business of August 31, 2021 consequent to completion of his tenure as Managing Director & CEO of the Company.
  12. Mr. Melwyn Oswald Rego and Mr. R. Venkataramani retired as Independent Directors of the Company on the conclusion of their first term of three consecutive years at the close of business of September 03, 2022.
  13. Ms. Uma Subramaniam retired as Independent Director of the Company on the conclusion of her first term of three consecutive years at the close of business of November 04, 2022.
Draft Letter Of Appointment Of Independent Directors