SBI Foundation - Board Of Directors



Shri Rajnish Kumar - (Chairman, SBI)

Shri Rajnish Kumar

(Chairman, SBI)

Shri Rajnish Kumar is Chairman of State Bank of India, the largest bank of India. His appointment as Chairman followed a 40-year business career at SBI. He has served as Managing Director (National Banking Group), a position he was given on 2 November 2015 and the Managing Director (Compliance & Risk) of SBI. Prior to becoming Managing Director in SBI, Shri Kumar also headed the SBI Capital Markets Limited (the Merchant Banking arm of State Bank of India) as Managing Director and Chief Executive Officer. A post-graduate in Physics and a Certified Associate of Indian Institute of Bankers, he has served in various capacities in handling large credit, project finance, foreign exchange and retail banking. He has managed several critical projects of the SBI group in Canada and the UK and has proved himself as an excellent asset to the team.


Shri Dinesh Kumar Khara - Managing Director- Global Banking and Subsidiaries, SBI

Shri Dinesh Kumar Khara

Managing Director- Global Banking and Subsidiaries, SBI

Shri Dinesh Khara has over 33 years of experience in all facets of Commercial Banking. Shri Khara holds a Board level position in the Bank, supervising Global Market, Corporate Banking and the businesses of non-banking subsidiaries of the Bank. He did his Masters in Business Administration from FMS New Delhi and is a Post Graduate in Commerce.


Shri Alok Kumar Choudhary - (DMD (HR) & CDO, SBI)

Shri Alok Kumar Choudhary

(DMD (HR) & CDO, SBI)

Shri Alok Kumar Choudhury has varied experience in many areas of Banking such as operations, credit and human resources and has served in various geographical locations spread across different circles. He is also the youngest DMD on the board of State Bank of India Group.  Shri Alok Kumar Choudhury joined as a probationary officer back in 1987.  He has a dynamic personality and under his leadership as CGM, Delhi Circle registered excellent growth against all odds in Banking Sector. Shri Choudhary is also the Chief Sustainability Officer (CSO) of the Bank. The subject of Sustainability is quite close to Shri Choudhary’s heart and he very keenly follows the varied sustainable interventions. Being the CSO of the largest Public Sector Bank in India, he is keen to drive further the sustainability initiatives in the Bank.


Mrs. Manjula Kalyanasundaram - Managing Director

Mrs. Manjula Kalyanasundaram

Managing Director

Mrs Manjula Kalyanasundaram joined SBI Foundation as Managing Director in June 2020.

Before being appointed as MD of SBI Foundation, She was EVP, Chief of HR & Management Services at SBI Life.

With a Master’s degree in Economics, and also a Certified Associate of the Indian Institute of Bankers, she brings over three decades of experience in the banking sector. She has taken up important assignments in the Bank as a Regional Manager in Kolkata, Assistant General Manager, Human Resources of Kolkata Circle, Deputy General Manager- Personal Banking of Patna Circle. She was also the Vice President of Personal Banking & Admin in Hong Kong.


Manjula is a people's person. She likes to interact with people, to foster their motivation, goals and aspirations on the personal and professional fronts. During her various engagements, she has championed multiple strategic businesses and HR initiatives. She has led and mentored teams to implement, devise and achieve organizational goals and business objectives. As key management personnel of the company, she oversees the overall welfare of the organization and its employees.


She likes listening to classical music and travelling, especially to explore places of historical significance.


Shri Ishaat Hussain - (Independent Director)

Shri Ishaat Hussain

(Independent Director)

Shri Ishaat Hussain has spent close to 3 decades at the Tata group. He is the former director of Tata Sons and has also worked as finance director with both - Tata Sons and Tata Steels. He has also been the chairman of Voltas, the consumer durables company of Tata that has delivered superlative shareholder returns during his tenure. Shri Hussain is a graduate in Economics from the Delhi University and a fellow of the Institute of Chartered Accountants England & Wales (ICAEW). He has also attended the Advanced Management Programme at the Harvard Business School.


Shri Luis Miranda - (Independent Director)

Shri Luis Miranda

(Independent Director)

Shri Luis Miranda is chairman of CORO and Centre for Civil Society. Shri Luis received an MBA from the Booth School of Business, University of Chicago, and is a member of the Institute of Chartered Accountants of India. He has served as the president and the chief executive officer of IDFC Private Equity Company Limited. Shri Luis is also a Senior Advisor to Morgan Stanley Infrastructure and Advisor to the Nadathur Group. Shri Luis founded IDFC Private Equity in 2002 and was earlier a senior member of the start-up team at HDFC Bank. Shri Luis Miranda spends a good amount of his time connecting the dots, using his network to help the organisations he is connected to. He is a member of the Global Advisory Board of Chicago Booth and is an eminent blogger for Forbes India. 


Shri Ashwani Bhatia - (Managing Director & CEO, SBI Mutual Fund)

Shri Ashwani Bhatia

(Managing Director & CEO, SBI Mutual Fund)

Shri Ashwani Bhatia is Deputy Managing Director of the State Bank of India (SBI) and is on deputation to SBI Funds Management Private Limited. He started his career as a probationary officer in 1985 and has been with the SBI since then. He has rich experience in various facets of commercial banking such as forex and treasury, retail credit and liability and corporate credit. He has prior experience of being the President and Chief Operating Officer at SBI Capital Market Limited and Chief General Manager (SME) at SBI. A visionary leader, Shri Ashwani Bhatia is responsible for overseeing the future growth of SBI Mutual fund.