Shri S R Bansal New CMD

BANKING

Shri S R Bansal  New Chairman & Managing Director of Corporation Bank

 

          Shri S R Bansal has taken charge as the Chairman & Managing Director of Corporation Bank on October 5, 2013. Prior to assuming the position of Chairman & Managing Director, he was Executive Director of Punjab National Bank.

     Shri S R Bansal is a Post Graduate in English, a Certified Associate of Indian Institute of Bankers (CAIIB) and an Associate of Indian Institute of Banking & Finance (AIIBF). He is a seasoned banker with over 32 years of rich experience in various administrative and functional capacities at Branches, Regional Offices, Zonal Offices and also at the Head Office level. He started his banking career as a Direct Officer Recruit at Dena Bank in 1981 and went on to hold the office of the Field General Manager (North India) covering eight states. He was appointed as Executive Director of Punjab National Bank in June 2012, where he was responsible for large field operations and many other key areas.

           He has held various important positions during the course of his career in view of his expertise in credit and project appraisal across all segments, including retail, agriculture, SME, large Corporate and Infrastructure finance. He was Director of PNB Gilts Ltd. Shri Bansal was a member of Indian Banks’ Association committee for evolving a framework for monitoring of infrastructure projects. He is also a member in IBA’s standing committee on Retail Banking. On deputation from Dena Bank he had been to India Infrastructure Finance Company Ltd. (IIFCL), where he set up the credit functions including project appraisal/due diligence, sanction of loans, monitoring of loans and credit risk management. He led and was part of teams that successfully executed several marquee projects like MoU with JBIC in Tokyo, Japan for financing the Delhi-Mumbai Industrial Corridor and negotiations with multilateral & bilateral institutions like Asian Development Bank, World Bank, Japan bank for International Cooperation (JBIC) and KfW.

           Shri Bansal is known in the industry circles for his result oriented and practical approach, team work and quick decisions. During his tenure, the Bank as well as the departments headed by him have won several prestigious awards like ‘The SKOCH award for Financial Inclusion’, ‘Best Bankers’ award under Agriculture Lending - Large by The Sunday Standard’ and ‘The MSME National award by Ministry of Micro, Small & Medium Enterprises, for excellent performance in PMEGP in North Zone’. He has also received accolades as a speaker at various seminars and conferences organized by FICCI, CII, Management Institutes like IIM (A) and International conferences in Singapore and Dubai.