IDBI Bank Board of Directors
Get the latest insights into the leadership at IDBI Bank. Learn about the experienced professionals guiding the company's strategy and governance.
| Name | Position |
|---|---|
| Rakesh Sharma | Managing Director & Chief Executive Officer |
| Jayakumar S Pillai | Deputy Managing Director |
| Sumit Phakka | Deputy Managing Director |
| Manoj Sahay | Government Nominee Director |
| Raj Kumar | Nominee Director - LIC |
| Sat Pal Bhanoo | Nominee Director - LIC |
| Samaresh Parida | Non Executive Independent Director |
| N Jambunathan | Non Executive Independent Director |
| Deepak Singhal | Non Executive Independent Director |
| Sanjay Gokuldas Kallapur | Non Executive Independent Director |
| PV Bharathi | Non Executive Independent Woman Director |
| Ajay Prakash Sawhney | Non Executive Independent Director |
IDBI Bank FAQs
The board at IDBI Bank consists of experienced professionals, including Rakesh Sharma, Jayakumar S Pillai, and others, overseeing the company’s strategic and corporate governance.
Directors at IDBI Bank are typically nominated by the Nomination and Remuneration Committee and approved by shareholders, adhering to regulatory and governance standards. While this is the standard procedure, the exact process may differ depending on the company’s internal policies and governance framework.
As of the latest update, Rakesh Sharma is the current chairman at IDBI Bank.
Executive directors at IDBI Bank are involved in day-to-day operations, while non-executive directors, including independents, provide oversight and strategic input. While this distinction is generally followed, the specific responsibilities of executive and non-executive directors may vary based on the company’s organisational structure and governance practices.
Yes, IDBI Bank adheres to all applicable SEBI and Companies Act provisions related to board structure, diversity, and independence.
At IDBI Bank, board members usually serve fixed terms as outlined in the company’s charter or governance policy, commonly ranging between three to five years, with the possibility of renewal based on performance, shareholder approval, and regulatory norms.
