Agencies
Mumbai, Dec 19: Dr Harsh Kumar Bhanwala took charge as Chairman of the National Bank for Agriculture and Rural Development (NABARD). He succeeded Dr Prakash Bakshi, who retired in September 2013, after which Smt Snehlata Shrivastava, Additional Secretary, Department of Financial Services, Ministry of Finance, was given the additional charge of the top post. Prior to this appointment, Dr Bhanwala was the Executive Director at India Infrastructure Finance Company Ltd (IIFCL), a state-owned infrastructure lender. He was also its CMD for nearly six months. He was earlier looking after the Corporate Planning, Human Resource Development and Credit Enhancement initiatives as Chief General Manager at IIFCL. During his tenure at IIFCL, he also held the chairmanship of the two subsidiaries of the company - IIFC (UK) Ltd., London, and IIFCL Projects Ltd., New Delhi. He is a post-graduate in management from IIM, Ahmedabad, and is also a PhD degree holder. Before joining IIFCL, he had worked in various capacities as an officer in NABARD and was also the Managing Director of Delhi State Cooperative Bank Ltd (DSCB). During his stay with NABARD & DSCB, he gathered expertise in financial inclusion, micro-finance, cooperative credit institutions, rural infrastructure project development and project appraisal related to agricultural projects. Prior to joining IIFCL, he worked as Senior Vice President in IL&FS Water Limited undertaking project development work relating to various water & waste water projects. He has actively been involved in providing faculty support to various Staff Colleges of Banks, financial institutions and eminent institutions of education. |