Board Of Directors

Mr. Rakesh Sharma

Chairman of the Board

Mr. Rakesh Sharma is a veteran banker with a total stint of over 40 years in various Banks. Presently, Mr. Rakesh Sharma is Managing Director & Chief Executive Officer of IDBI Bank Ltd. since October 10, 2018. Prior to IDBI Bank assignment, Mr. Sharma superannuated as MD&CEO from Canara Bank after serving from September 11, 2015 to July 31, 2018. While in Canara Bank he also held the position of Chairman in the group companies of Canara Bank.

Prior to this, Mr. Sharma was in Lakshmi Vilas Bank Ltd. as MD & CEO and served there from March 07, 2014 till September 09, 2015.

Mr. Sharma held the position of Chief General Manager in State Bank of India [SBI] before moving to Lakshmi Vilas Bank Ltd in March 2014. He has more than 33 years’ experience in SBI, holding key positions, which included Head of Mid Corporate Accounts in Andhra Pradesh region, supervising retail operations in the States of Rajasthan, Uttarakhand & Western UP; Banking Operations in International Banking Group, credit assignments in specialized branches/ administrative offices, etc.

Born on July 02, 1958, Mr. Sharma holds a Post Graduate degree in Economics and CAIIB.

Mr. Alok Chaturvedi

Independent Director

Mr. Alok Chaturvedi is former Director General of Foreign Trade. He superannuated on 30.09.2019. Mr Chaturvedi is a career bureaucrat and belongs to the Indian Administrative Service. He joined IAS in 1986. He is a B. Tech in Electrical Engineering with specialisation in computer science from the Indian Institute of Technology, Kanpur and MBA in International Public Policy from the University of Birmingham, UK. He has held different assignments at senior levels in the Government of India and State Governments of Bihar and Tripura. He joined as DGFT in July 2017 and prior to that he was Additional Secretary in the Department of Commerce handling SEZ and Plantation Divisions since June 2016. During his tenure as DGFT, mid-term review of the Foreign Trade Policy was under taken in Dec 2017 and many exporter-friendly IT initiatives such as paperless scrips for export incentives, issue of paperless licenses and certificates of origins, etc. were undertaken. A project for comprehensive IT revamp of DGFT was initiated by him. He served as Joint Secretary (Infrastructure & Finance) in the Cabinet Secretariat, Government of India for 4 years from June 2012 handling policy issues related to Infrastructure and Finance Ministries. Earlier from 1998 till 2004, he was Director in the Ministry of Civil Aviation handling Airports, Airlines and Bilateral Civil Aviation Agreements when the privatisation of Delhi, Mumbai, Bangalore and Hyderabad airports was initiated. In the State Government of Bihar, Shri Chaturvedi was Secretary, Expenditure, Finance Department from January 2005 to May 2008. He had taken many budget initiative. Under the IT project of the Comprehensive Treasury Management Information System, all treasuries in the State were made online with a real time access of information of receipt and expenditure to all departments of the State Government. Prior to joining IAS, Mr Chaturvedi has also worked as a Software Engineer at Tata Burroughs Limited from 1982 to 1984.

Dr. S. Upendra Rao

Independent Director

Dr. S. Upendra Rao obtained Ph.D in Computer Architecture from IIT-KGP. Youngest middle management officer as Systems Engineer in TATA Steel Bearing Division. Youngest Associate Professor of CS in Andhra University, College of Engg; Youngest Director of Computer Centre in Hyderabad Central University. Youngest top executive in the history of SBI as Joint Director-IT, Head of R&D.
He served as CTO & GM- IT-Strategy, Architecture & planning division of SBI; Head of e-Learning; Loan Life Cycle Management, Enterprise & Technology Architecture, IT- infrastructure divisions in SBI.
Dr.Rao also served as Adjunct professor of NIT, Warangal; National Visiting professor of ISTE. He served as Technical & Academic board member of 5 universities and technical advisory memeber of National Clearing Corporation of India, IRDBT, DoE, National eGovernance Program (NeGP) of GoI.
He published 6 books; 55 research papers; 40+ articles; 60+ invited talks; Conducted 13 National level seminars; and some awards & recognitions. Supervised more than 50 M.Tech/MCA/Ph.D students. Taught 18 subjects of CS.
Some achievements of Dr. Rao are: Established First Parallel Computing Laboratory in HCU in 1992; Established a Training Institute in State Bank of Patiala; Established new dept LLMS in SBI and produced unique complex workflow software to manage Rs 8 lakh crore per year of Indian Economy. Established Innovation Centre in FinTech in SBI; Established Start-up Centre aligning with PM vision of make-in-India program; Initiated Incubation Centre in Hyderabad & Mumbai for aspiring entrepreneurs; Established Centre of Excellence @ SBIICM with Private participation; Established Centre of Excellence for Open source Technologies; and Established Rs 600 cr Captive largest Data Centre in Hyderabad.
He is a Fellow of Indian Institute of Banking and Finance; Listed in Asia’s Who is Who in IT; and Honoured with International OpenGroup President award for Federated Dynamic Architecture Integration (FDAI) model in Enterprise Architecture. He was Lead Expert for National eGovernance for Digital India (NeGD), DietYD, GoI
Dr Rao superannuated from SBI as Chief Technology Officer in 2019. Currently, IT advisor to Bank of Maharsatra, Visiting Professor of IIM, Visakapatnam, Adjunct Prof of College of Engg, Andhra Univ and IIIT-Karnool; Member of international consulting groups like GLG, Alphasights, Insightalpha etc.

Mr. Nagaraj Garla

Director

Mr. Nagaraj Garla is Executive Director of IDBI Bank. He is Gold Medalist and a post graduate in Commerce and Business Management, an Associate of Indian Institute of Bankers and a Certified Corporate Director from IOD, Mr. Garla has over 3 decades of experience in banking & finance spanning across different verticals like Corporate Banking, Retail Banking, Investment Banking, Agri, Rural and Commercial Banking.
Mr. Garla’s competencies include building strategies, framing business plans and successfully implementing result oriented strategies for achieving targeted growth. His passion for leading from the fore has garnered him the ability to connect the dots for all stakeholders. For 5 years, Mr. Nagaraj Garla was MD & CEO of IDBI Capital Markets & Securities Limited, a wholly owned subsidiary of IDBI Bank Ltd. which is a leading player in the financial services space. Under Mr. Garla’s able leadership IDBI Capital has bagged many Awards. Mr. Garla has also been adjudged as Business Leader of the year for 2018 and 2019.
Mr. Garla was on the Board of Directors of India Cements Limited and Orchid Chemicals and Pharmaceuticals Limited. He is currently a Member of Advisory Committee (Finance) of the Birla Institute of Management Technology, CII National Committee of Financial Markets for the last three years and as Co-Chairman, Western Region, Indian Chamber of Commerce

Mr. Narendra Kumar Singh

Managing Director & CEO

Shri Narendra Kumar Singh, MD & CEO of IDBI Intech Ltd., brings with him more than 25 years of banking experience in Branch Banking, Corporate Banking, Credit Administration covering a wide range of leadership & administrative roles such as Regional & Zonal Head and including Chief Executive Officer of IDBI Bank’s overseas branch at Dubai (DIFC). His last role before joining IDBI Intech Ltd. was as Chief General Manager, Large Corporate Group, controlling & monitoring the Corporate Banking portfolio of 5 LCG branches including Gift City – IBU in IDBI Bank.