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Managing Director & CEO’s Profile

Managing Director & CEO’s Profile

Shri.Shanti Lal Jain
Managing Director & Chief Executive Officer

Shri Shanti Lal Jain assumed charge as Managing Director and Chief Executive Officer of Indian Bank on 1st September 2021. Prior to this, he served as Executive Director of Bank of Baroda since September 2018.

As Executive Director in Bank of Baroda (BoB), he played a pivotal role in the amalgamation process of Vijaya Bank and Dena Bank with Bank of Baroda. He was overseeing Large Corporate Credit, Stressed Assets and International Banking in BoB. He was also serving as Nominee Director /Chairman in the subsidiaries of BoB in Uganda,Tanzania, Baroda Global Shared Services (BGSS) etc.

A Post Graduate in Commerce, with Professional Qualification of Chartered Accountant,Company Secretary and CAIIB, he joined Allahabad Bank in 1993 in Middle Management cadre and rose up to the level of General Manager of the Bank.

As a General Manager, he has served as Chief Financial Officer, Chief Risk Officer and headed IT department of the Bank. He has also headed Agra Zone as Zonal Manager and as Field General Manager (West) Mumbai. Earlier to this, he has served in branches and administrative offices of the Bank. Prior to joining Allahabad Bank, he has worked in various Industries. He has banking experience of about 28 years and industrial experience of about 6 years.

Shri. Jain is a member on the Managing Committee of Indian Banks Association and he is also heading the IBA Standing Committee on Corporate Credit. He is Non-Executive Chairman of the Universal Sompo General Insurance Company Ltd and a member in the Governing Body of IIBM Guwahati and NIBM, Pune. He is also a member of the Insurance Advisory Committee of IRDAI.

( Last modified on Apr 27, 2022 at 02:04:39 PM )