Board of Directors

Mr. Chandan Bhattacharya

Mr. Chandan Bhattacharya B.A., CAIIB has over 37 years of service at State Bank of India (SBI) retiring as Managing Director in January 2005. Mr. Bhattacharya has wide experience at apex levels in all matters relating to Commercial and Retail Banking, Capital Markets, Merchant Banking, Mutual Funds, Factoring, Insurance and the Gilts and Securities Market.

He was in the forefront of new initiatives taken by SBI and was personally involved in setting up Asset Reconstruction Company of India (ARCIL) and Credit Information Bureau of India (CIBIL). He chaired the Risk Management Committee of the Board of Directors of SBI.  He also provided valuable inputs in this regard as member of sub-group of Indian Banks Association (IBA) and Committee of RBI. He also played a key role in beefing up SBI’s Project Finance and Infrastructure Finance capabilities as Dy. Managing Director in charge of commercial banking. 

After retiring from SBI, he was appointed by Govt of India as a Member of Securities Appellate Tribunal in the equivalent rank of Secretary to GOI. He served there for two years and gained valuable insights in the working of Capital Market and its regulatory aspects. 

He is currently visiting lecturer at NIBM Pune, IIM Indore and MDI Gurgaon. He is also an advisor to a foreign bank in India and is also associated with number of large industrial houses either as a corporate financial advisor or as member of the Board of Directors. 

He is also an adviser to Mckinsey & Co for their financial sector practice in India.

Mr. Keki Elavia

Mr. Keki Elavia is a Chartered Accountant in Public Practice. He retired as a Senior Partner of M/s. Kalyaniwalla & Mistry- Chartered Accountants. He was associated with this firm for more than 40 years and was also a partner of S. R. Batliboi & Co- Chartered Accountants, for a brief period. He is currently a Director on the Board of various listed and  unlisted public & private companies. He was also a Member of the India UK Accountancy Task Force constituted by the Ministry of Commerce, Government of India. The Reserve Bank of India had appointed Mr. Elavia as a Member of the Indian Advisory Committee of the Hong Kong and Shanghai Banking Corporation Limited where he was the Chairman of its Audit Committee and Corporate Governance Committee.

Mr. T V Raghunath

Mr. T V Raghunath has a multi-disciplinary background, being an Engineer (IIT – Madras), MBA (IIM, Bangalore) and a Chartered Accountant, with over 20 years experience in advisory services across various management disciplines. 

He is Executive Director and Co-Head of Investment Banking with Kotak Mahindra Capital Company Limited looking after Mergers & Acquisitions for more than 10 years. He was also Head of Group Strategy with Kotak Mahindra Group. He was earlier a Partner with S B Billimoria & Co., which represents Deloitte in India. He also spent a year with Ernst & Young, Sydney in their Corporate Advisory Services Division, undertaking valuations in Australia, including Technology valuations.

He has assisted several Indian and Multi-national corporate in their growth and restructuring plans and is a specialist in Restructuring, Valuations, Deal structuring, Joint Ventures and India Entry services. Mr. Raghunath is widely quoted in the Indian media on topics related to M&A and has authored several papers published in the financial media.


Mr. Venkattu Srinivasan

Mr. Venkattu Srinivasan has over two decades experience in the area of financial services. In 1999, having spotted a budding opportunity, he was instrumental in setting up the Asset Reconstruction business of Kotak Mahindra Bank Limited. He played a stellar role in making the bank a leading player in this business. Mr. Venkattu Srinivasan has extensive hands-on experience in acquiring, resolving and restructuring NPAs. Mr. Venkattu Srinivasan is an MBA, Cost Accountant and has also attended the ‘Accelerated Development Program’ at London Business School.

Mr. Venkattu Srinivasan was the Head of the Commercial Vehicle business in the erstwhile Kotak Mahindra Finance Limited (now, Kotak Mahindra Bank Limited). He set up the Commercial Vehicle business of Kotak Mahindra Finance Limited and nurtured it to profitability. One of his successful innovations was in making available working capital finance to Commercial Vehicle operators, which was a relatively new concept at that point of time.

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