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  • Shri Bhanu Pratap Sharma

    Former Secretary, Department of Personnel & Training, Government of India
    Chairman
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  • Shri Rajiv Kumar

    Secretary, Department of Financial Services, Government of India
    Ex-officio member
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  • Mrs. Seema Bahuguna

    Secretary, Department of Public Enterprises, Government of India
    Ex-officio member
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  • Shri N. S. Vishwanathan

    Deputy Governor, Reserve Bank of India
    Ex-officio member
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  • Ms Vedika Bhandarkar

    Former Vice-Chairman & MD, Credit Suisse
    Part-time member
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  • Shri Panja Pradeep Kumar

    Former MD, SBI
    Part-time member
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  • Shri Pradip Panalal Shah

    Founder MD, CRISIL
    Part-time member
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Profile

Shri Bhanu Pratap Sharma

Sh. Bhanu Pratap Sharma is a retired IAS officer (1981 Batch) from Bihar Cadre. He has a graduate degree in Physics (Honours) from St Xavier’s College, Ranchi. He, thereafter, did Post Graduate Diploma in Business Management (equivalent to MBA) from XLRI, Jamshedpur with specialisation in Finance and Marketing. During his service period, while undergoing an eleven months long training programme at National Defence College, New Delhi, he was awarded M. Phil in Defence & Strategic Studies from Madras University.

He started his career with field postings in Bihar. Thereafter, he held important positions in the Secretariat both at the Centre as well as in the State Government. The three streams where he worked the longest are Personnel (12 years), Finance (5 years) and Health (8 years). Some of the important posts held in the State Government are Principal Secretary, Finance, Principal Secretary, Health & Family Welfare, Principal Secretary, Agriculture & Animal Husbandry, Secretary, Expenditure. The important posts held at the Centre are Secretary, Department of Personnel & Training, Secretary, Health and Family Welfare, Establishment Officer & Additional Secretary, Department of Personnel & Training.

After his retirement from the post of Secretary, DoPT, he has been appointed Chairman, Recruitment & Assessment Centre (RAC) in Defence Research Development Organisation (DRDO), a body which performs the recruitment and promotion functions for Defence Scientists. He is also Chairman of Banks Board Bureau, a body which advises the Government on top level appointments at Public Sector Banks and on ways to streamline the functioning of the Banks Board.

In his career, he has had the occasion to advise the government on many important policy issues related to recruitment, cadre restructuring, appointment, promotion, training and vigilance matters. He also drove the implementation of various reform measures to improve governance. He has been associated with a large number of important legislative changes in both the personnel and health sector.

He has been instrumental in the introduction of a number of e governance measures, some of them being fully online treasury system in Bihar (2009), online Minority Merit Scholarship Management System (2010-11), Online Performance Management System (SPARROW) for IAS officers (2014) and its replication to various central services. Delay in Vigilance status has been one of the main reasons for delay in Board level appointments in Central Public Sector Enterprises. An online system SOLVE launched in 2017 is making a difference now.

Shri Rajiv Kumar

Shri Rajiv Kumar, is a 1984 batch Jharkhand cadre officer of Indian Administrative Service (IAS) and assumed office as the new Secretary, Department of Financial Services, Ministry of Finance on September 01, 2017. Shri Rajiv Kumar was Special Secretary and Establishment Officer, Ministry of Personnel Public Grievances & Pension, D/o Personnel & Training in his immediate preceding posting. Shri Rajiv Kumar has widespread administrative experience in more than 30 years of service during which he held various important assignments including the Administrative postings in his home State of Jharkhand. Shri Kumar has also worked in the Central Government in various capacities. He was posted as Joint Secretary and then Additional Secretary, Department of Expenditure, Ministry of Finance from 19.03.2012 to 12.03.2015. Later he took over as Establishment Officer & Additional/Special Secretary, Ministry of Personnel Public Grievances & Pension, D/o Personnel & Training from 12.03.2015 till 30.08.2017.

Mrs. Seema Bahuguna

An officer of 1983 batch from Rajasthan Cadre. She has done M.A. (in History) from Delhi University and M.Sc in Development Studies from University of Bath. Has held a number of senior positions in State Government and Government of India. She has been Director Industries and Managing Director Bureau of Industrial Promotion in Government of Rajasthan. In Government of India she has been Under Secretary/Deputy Secretary in the Ministry of Defence Production and Defence. As Director & Joint Secretary she has been posted in Directorate General of Foreign Trade in the Ministry of Commerce GOI. Before joining as Secretary, Department of Public Enterprises she was Special Secretary and Financial Adviser in Ministry of Rural Development.

Shri N. S. Vishwanathan

Shri N. S. Vishwanathan took over as the Deputy Governor of the Reserve Bank of India on July 04, 2016. The Government of India, on June 29, 2016 has appointed him as the Deputy Governor of the Reserve Bank of India, for a period of three years from the date of his taking over charge of the post on or after July 4, 2016 or until further orders, whichever is earlier.

Shri Vishwanathan was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor.

As Deputy Governor, Shri Vishwanathan will look after Department of Banking Regulation (DBR), Department of Co-operative Banking Regulation (DCBR), Department of Non-Banking Regulation (DNBR), Deposit Insurance and Credit Guarantee Corporation (DICGC), Financial Stability Unit (FSU), Inspection Department, Risk Monitoring Department (RMD) and Secretary’s Department.

Shri Vishwanathan, a career central banker, joined the Reserve Bank of India in 1981. His areas of expertise include regulation and supervision of banks, non-banking finance companies and cooperative banks, currency management, foreign exchange and human resources management. He had a three-year secondment to the Bank of Mauritius, the central bank of Mauritius, as Director, Supervision. He has also been the head of Chennai Regional office of the Reserve Bank.

Shri Vishwanathan was the Reserve Bank nominee on the Board of Directors of three public sector banks at different points in time. He was also the Chief Vigilance Officer and Head of Internal Audit, IFCI. He has been associated with various committees, working groups, and task forces. He represented the Reserve Bank in various international Committees. These are: Member of the Policy Development Group, BIS, Basel, Member of Macro Prudential Policy Group BIS, Basel, and Executive Committee Member of the International Credit Union Regulators Network.

Born on June 27, 1958, Shri Vishwanathan holds a Master’s degree in Economics from the Bangalore University.

Ms Vedika Bhandarkar

Ms. Vedika Bhandarkar serves as the Managing Director for Water.org in India, overseeing the organization's strategy, growth and water and sanitation program expansion in the country. Water.org is a not-for-profit organization that pioneers market-driven, financial solutions to enable access to water and/or sanitation for people living at the base of the economic pyramid. Water.org has been working in India for more than 10 years with offices in Chennai and Delhi. Working with implementing partners, Water.org has helped reach 7 million people in India with access to water and/or sanitation.

Prior to joining Water.org in January 2016, Ms. Vedika served as Vice Chairman and Managing Director at Credit Suisse Securities (India) Private Limited from 2010-2015. Previously, she served as the Managing Director & Head of Investment Banking at J.P. Morgan, where she worked from 1998-2010. She began her career at ICICI Bank in 1989.

Since early 2015, Ms. Vedika has dedicated her time to corporate boards and social enterprise, serving as independent director on several corporate boards, and as a volunteer, fundraiser and board member of the Jai Vakeel Foundation, an institution focused on children and adults with intellectual disability.

She is based in Mumbai with her family.

Shri Panja Pradeep Kumar

Sh. P Pradeep Kumar had a distinguished career with State Bank of India for 39 years. He joined State Bank of India as a Probationary officer and rose to become the Managing Director of the Bank. He has had exposure to various areas of Banking – Corporate, International, Retail & Transaction Banking besides Treasury and Information Technology. At the time of retirement, he held the portfolio of Corporate Banking, the largest business group in State Bank of India, encompassing Large Corporate, Mid Corporate, International Banking, Project Finance and Stressed Asset Management Groups. Some of the other important assignments held by him were Managing Director of State Bank of Travancore, Chief Information Officer, Deputy Managing Director of Global Markets handling the largest treasury operations and Country Head – US Operations. Besides being a Director on the Central Board of State Bank of India he was Chairman, Risk management committee of the Board and member of the Audit Committee of the Board, IT Strategy Committee and Asset Liability Management Committees of the Board. He has therefore wide and rich exposure to risk management policies and corporate governance principles and practices. He was nominee director of State Bank of India in National Payment Corporation of India (NPCI), C-Edge Technologies Ltd., Clearing Corporation of India Ltd (CCIL), and Central Depository Services Ltd(CDSL). During his tenure in the Bank, he was involved in discussions with the Government on policy formulations. He was a member of the Kelkar Committee on 'Revitalisation of PPP model of Infrastructure Development'.

After his retirement from State Bank of India, he is an independent director in seven companies. He is also a member of the Governing Board of Association of People with Disabilities a 60 year old NGO based in Bangalore. He is a Post Graduate in Statistics from the University of Madras and a Certified Associate of the Indian Institute of Bankers.

Shri Pradip Panalal Shah

Sh. Pradip Shah runs IndAsia, a corporate finance and investment advisory company. He is a gold-medallist Chartered Accountant, Management Accountant and MBA from Harvard, who helped establish Housing Development Finance Corporation, the first retail housing finance company in India; CRISIL, the first and largest credit rating agency in India; the Indocean Fund, a pioneer private equity fund, in partnership with affiliates of Soros Fund Management and Chase Capital Partners; the AMP-IndAsia India Fund, in joint venture with AMP of Australia; Universal Trustees, for intergenerational transfer of wealth through wills and trusts; and Grow-Trees.com, a social enterprise. Sh. Pradip Shah was appointed by government of India on the Justice Easwar Committee for simplifying the income tax act; has served on several expert committees of state and central governments, was a director on the Regional Board of the Reserve Bank of India, and is currently chairman of Kansai Nerolac, Sonata Software, Grindwell Norton and director of BASF India, Pfizer India, Tata Investment, Godrej & Boyce and sits on the governing boards of some non-profit organizations and chambers of commerce.