A Chartered Accountant by qualification, Mr. Jayakumar also holds a Post Graduate Diploma in Business Management from XLRI, Jamshedpur. In addition, he is a distinguished Chevening Gurukool Scholar from the London School of Economics and Political Science.

Prior to his appointment as MD & CEO of Bank of Baroda, he was the Co-founder & CEO of Value Budget Housing (VBHC), a leader in housing for low and moderate income household since 2009. He was also the Co-founder & Non-Executive Promoter Director for Home First Finance Company, a housing finance institution regulated by the NHB that financed customers who weren’t able to get mortgage loans from banks.

Mr. Jayakumar has also worked with Citibank in India and Singapore, where he spent over 23 years. He has contributed to several innovations in retail banking in India. He was associated with the first asset securitisation in India in 1991 and the first multi-lingual biometric ATM for the financially excluded in 2006.

Mr. Jayakumar has held diverse assignments at Citibank, such as Treasurer - Consumer Bank, Business Development Head covering deposit and lending business, Managing Director for Citi Financial Ltd., Managing Director and Head of Citibank Consumer Loan for Asia Pacific Countries (covering Indonesia, Philippines, Australia, Thailand, Hong Kong and Korea), Country Head - Citibank Consumer Business and Head of Balance Sheet Management - Asia Pacific. He also served as a Board Member in many of Citibank's subsidiaries in India.

In his spare time, Mr. Jayakumar likes to cycle, play squash and golf.



Mr. Khichi is a B.Sc. and MBA (Finance and Marketing), with professional qualifications from CAIIB and Associate in Life Insurance.

Prior to joining Bank of Baroda, he was working as a Field General Manager (Gujarat Operations) in Dena Bank.

He joined Dena Bank as a Probationary Officer in December 1985, gradually climbed up the ladder and got promoted as a Field General Manager (Gujarat Operations) in May 2015

He inculcated a blend of operational experience at field level and planning/policy formulation at Controlling Office during the tenure of 33 years in Dena Bank by serving in varying capacities. During his tenure, he acquired enriching experiences across key departments such as Retail Banking, Marketing (New Initiative & Product Development), Merchant Banking, Recovery Management, Overseas Business Center etc.

He demonstrated leadership qualities while discharging his duty as a Convenor of State Level Bankers' Committee, Gujarat and collaborated efforts with senior State Govt. officials, top executives from RBI and various Banks, Insurances companies and different organisations in executing numerous financial inclusion initiatives of the Govt. in Gujarat.



Shri. Kul Bhushan Jain assumed the charge as an Executive Director of Andhra Bank on 09th October, 2017.

He started his Banking career in 1985 as an Officer in Bank of India. He is a double graduate from CAIIB in Science and Law.

He headed the treasury operations in the Bank of India, New York from 2004 to 2008. He has also worked in London as a Career Development Officer. From 2014 onwards, Mr. Jain has worked in various capacities such as Branch Head, Zonal Head and Head of National Banking Group of South and North India.

He has rich experience in the areas of Credit, Treasury and International Banking.

Prior to joining Andhra Bank, Mr. Jain handled responsibility as the General Manager, National Banking Group (North) for Bank of India covering the states of Delhi, Punjab, Haryana, Rajasthan, Jammu & Kashmir and Union Territory of Chandigarh.



Mr. Ostawal joined Warburg Pincus in 2007 and since then has been working with the firm's Indian affiliate. He is involved with the firm's Investment Advisory activities in India and evaluates opportunities in Financial Services and Healthcare sectors in India.

Prior to joining Warburg Pincus, Mr. Ostawal was an Associate with 3i India and McKinsey & Company.

He is a Director of Laurus Labs Limited, AU Small Finance Bank Limited, D B Power & Group Companies, Computer Age Management Services Pvt. Ltd., Sterling Software Private Limited and Fusion Microfinance Private Limited.

Mr. Ostawal holds a Chartered Accountancy degree from The Institute of Chartered Accountants of India and an M.B.A. from The Indian Institute of Management, Bangalore.


Independent Director

Mr. Angara has been an Advisor (Communications, Media and Technology) at Accenture India Pvt. Ltd. He is also appointed as a Senior Advisor with the advisory arm of KPMG, Mumbai w.e.f. October 16, 2017. Prior to this he was the Director of Operations at Vodafone India Services Pvt. Ltd. and Vodafone Essar Ltd. There he managed the overall business, including product development, marketing initiatives, customer relations, network development, human resources, forecasting and financial profitability.

In the past, he has served as the President & CEO of BPL Mobile Limited and RPG Ricoh Limited. Mr. Angara specializes in launching new businesses with focus on driving financial and operational success, product and marketing innovations, expense management and customer satisfaction.


Independent Director

Mr. Vajpeyi, a Chartered Accountant from Ernst & Whinney-London, currently acts as an External Adviser to DIT (UK Government) in India on FinTech. He is also the Chairman of AV Advisory and Director of Digital Gold India, a JV between Invent Capital and the World Gold Council.

In 2005, Mr. Vajpeyi founded Dawnay Day AV as a leading wide ranging financial services player in India, and was the company’s Vice Chairman. He successfully sold the business in 2009, with rigorous non-compete clauses into 2010.

In his long spanning career, Mr. Vajpeyi has worked closely with regulators to introduce and implement best practices in the Mutual Fund industry and has held responsible positions such as Member of the Securities Markets Infrastructure Leveraging Expert Task Force, at Securities Exchange Board of India (SEBI) and Director on the Board of AMFI. He has worked with SEBI, stock exchanges, and industry bodies across various capital market issues.

Since 2012, Mr. Vajpeyi continues to be a serial entrepreneur and venture investor involved as an Investor, Advisor and Board Director across a diverse set of companies.


Independent Director

Mr. Chogle, a veteran FMCG Professional with a strong customer and marketing orientation, runs his own Brand Advisory and Strategic Consulting Practice in the consumer & Retail space with clients across SMEs, large Indian companies and MNCs.

Prior to his consulting practice, he had a varied and successful marketing career internationally and in India, spanning over 30 years. He has worked in senior leadership positions in general management and consumer marketing with two of the finest companies in their peer groups- Procter & Gamble and British American.

He is currently the advisor and management consultant specializing in Retail and Consumer Products Industry with clients like Nielsen and other organisations .


Independent Director

N Srinivasan aged 61 years, is a commerce graduate and a member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He has more than 35 years of Corporate work experience spanning across finance, legal, Projects and General Management functions.

While he started his career with BHEL, his last 15 years of service has been with the Murugappa Group a Chennai based industrial conglomerate, where he held several senior positions such as Member/Director of Murugappa Corporate Board, Group Finance Director of Murugappa Group, Lead Director financial services business (NBFC and General Insurance businesses), Executive Vice Chairman and Managing Director of Cholamandalam Investments and Finance Company Ltd.

He also served the Boards of Tube Investments of India Ltd, Cholamandalam MS General Insurance Ltd, and TI Financial holdings Ltd. He retired from service in November 2018

The Government of India appointed him to the Board of Infrastructure & Leasing Financial Services Ltd and he has been also been inducted to the Boards of following ILFS companies viz. ILFS Financial services Ltd, ILFS Tamil Nadu Power company Ltd, Tamil Nadu Water Investment company Limited and New Tirupur area development corporation Ltd.

Besides, he is also an Independent Director on the Board of Godrej Agrovet Limited.



RM Vishakha, MD & CEO, IndiaFirst Life, is recognised for her result-oriented leadership approach towards challenging assignments including start-ups, restructuring and reorganisation, and was previously associated with the company as the Chief Business Officer. Prior to IndiaFirst Life, she was with Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited as the Director of Sales and Marketing.

Vishakha’s constant endeavour is to maintain a critical balance of functional and company objectives, and to manage employee, manager, distributor and shareholder expectations. Through her ability to drive strategic growth backed by resourceful implementation, she scaled multiple career-defining milestones, including bringing into being the first-ever retail bancassurance model within public & private sectors as well as foreign banks, and building and developing the Group Insurance business.

Prestigious publications including the Fortune Magazine, Forbes, Business World and Business Today, have enlisted Vishakha among contemporaries across industries. Recognising the achievements through her three-decade long journey in the Indian insurance domain, Vishakha was honoured with the CA Business Leader – Woman Award from ICAI (Institute of Chartered Accountants of India), an eminent Indian statutory body.

Vishakha, a veteran member of the BFSI fraternity and thought leader, continues to partake in august forums such as the ICAI’s Bahrain and Doha chapters, and the Global Insurance Forum held in Germany. Her thoughts and corporate philosophies, aimed at inspiring and motivating a new generation of thinkers and leaders, have elicited much public and social media acclaim.

Vishakha is a commerce graduate and a Chartered Accountant. She is a Fellow of the Insurance Institute of India and holds a Post Graduate Diploma in Computer Systems.