Mr. Arun Kumar Purwar

Mr. Arun Kumar Purwar

Independent Director

Mr. Arun Kumar Purwar is an independent Director on the Board of the Company. He holds a master’s degree in Commerce and CAIIB from Indian Institute of Bankers. He also works as an independent director in leading companies across diverse sectors like Power, Steel, Engineering Consultancy, Pharma, Fintech and Financial Services. He also acts as an advisor to Mizuho Securities, Japan. Mr. Purwar was the Chairman of State Bank of India, the largest Bank in the country from November 2002 to May 2006. He held several important and critical positions like Managing Director of State Bank of Patiala, Chief Executive Officer of Tokyo covering almost entire range of commercial banking operations in his long and illustrious career at the Bank. He was also associated in setting up of SBI Life. .

Mr. Purwar also worked as Chairman of Indian Banks Association during 2005-2006. Post his retirement from SBI, he was associated with a leading industry house in setting up the first healthcare focused private equity fund, and Non Bank Finance Co focusing on Real Estate and educational institutions. .

He is regularly invited to various conferences and workshops and other forums to share his views on Banking and Monetary Policy. He is passionate about creation of infrastructure viz. healthcare, education and solar power. .

He has received several award which include: CEO of the year Award from The Institute of Technology and Management (2004), ’Outstanding Achiever of the year’ award from Indian Banks’ Association (2004) ‘Finance Man of the Year’ Award by the Bombay Management Association in 2006. .

He is a Director on Board of, IIFL Finance Limited, ONGC Tripura Power Company Limited, Alkem Laboratories Limited, Energy Infratech Private Limited, Balaji Telefilms Limited, IIFL Home Finance Limited, Eroute Technologies Private Limited and Mizuho Securities India Private Limited. .