Board Of Directors

 

Kumar Sharadindu

Mr. Kumar Sharadindu had retired as MD & CEO of SBI Pension Fund(P) Ltd. and he was on the rank of CGM in SBI. Mr. Kumar was a general Manager at SBI Corporate Centre, Mumbai heading the private equity business of the bank. He joined SBI as the probationary officer in 1984. He has held several crucial assignments in his banking career spanning more than three decades. He has held the key positions in the areas of credit, treasury, Risk and large corporate lending. He spent more than five years in treasury of the bank. He was also the head of Market Risk department of SBI. Before coming in the private equity, he was head of Mid corporate group in Chandigarh region. By qualification, he has done master in physics. He also holds certifications from:-

• Associate Indian Institute of Bankers
• Training programme on Derivatives at IIM Bangalore
• Advance programme on Private Equity investments by Euromoney at London
• Trends and developments in Electronic Payment and Settlement Systems at RBI training college, Pune.

In his rich experience, he has managed Pension AUM of $20 Bn (Rupees 1,37,000 crores) and instrumental in introduction of policy by Pension Fund Regulatory and Development Authority (PFRDA) for transfer of self-managed Superannuation Funds of Central Public Sector Undertaking (CPSEs) to National Pension System (NPS). He has been part of Government delegation to UK to study UK Pension Industry as part of India-UK Technical assistance programme on Financial Services in India. Further, he strengthened bank capitalization through notable exits of Rs. 2061 crores from non-core investments with strong returns. Mr. Kumar managed a large team of more than 350 professionals across the region, overseeing Gross advances of Rs. 12,000 crores. He has been member of committees constituted by RBI to study and suggest the market risk related policies to be implemented in the Banks. He is serving as director of the Board of KOGTA Financial (INDIA) Ltd, 360 One Asset Management Limited and Aditya Birla Sun Life Pension Management Limited.