Directors

Mr. Syed Mohammad Farooque Shahab, Part Time Chairman of the Board

Mr. SM Farooque Shahab is a professional Banker with more than 37 years of experience in Banking. He retired as Chief General Manager (Internal Audit) in State Bank of India on 31st March 2021. During his service in State Bank of India he served in various positions and assignments in India and foreign countries such as Chief General Manager, (Internal Audit), Chief General Manager, SBI, Bangalore Circle, Regional Head & CEO, SBI Middle-East & North Africa, General Manager, SME Business Unit, General Manager, North East Circle, General Manager, Hyderabad Circle, CEO, SBI Retail Banking, Bahrain and Asst. General Manager (Credit-CEE & MENA), SBI, International banking Group etc.

Mr. Durga Prasad Donepudi, Managing Director

  • A veteran banker with rich experience of over 40 years in various fields such as Priority Sector Lending, Financial Inclusion, Government Business, corporate Banking and Retail Banking etc.
  • During his carrier with Andhra Bank he served in various positions with last position held as General Manager.
  • He was also an Advisor to Andhra Bank post superannuation. He was the Convenor of State Level Bankers Committee of Andhra Pradesh.

Mr. V Narsi Reddy, Director

  • Mr. V Narsi Reddy is M.Sc. (Agriculture), is a professional Banker with more than 30 years of experience in Banking. He Retired as General Manager in State Bank Of India in June 2019. In his career in State Bank Of India he had worked in different areas of Agriculture finance, General Banking, MSME, Mid. Corporate, Corporate finance, Information Technology, Digital Banking, Risk Management, Audit, Human Resource Management etc..
  • He was also the Chairman of Andhra Pradesh Grameena Bank for above 54 months on deputation from SBI as General Manager.

Mr. D Indu Sekhar, Director

Mr. Dantu Indu Sekhar is a Professional Banker with 39 years of experience in Banking. Retired as General manager from State Bank of India in June-2019. Had rich experience in all verticals of Banking viz; SME, Corporate Finance, Retail, Agri/Micro Finance, Audit and Treasury. During his tenure in State Bank of India, he served as General Manager (Management Audit), General Manager, Chennai Circle, General Manager, Corporate Centre, Mumbai, Deputy General Manager, Goa, Vice President (Treasury and Investments), SBI Capital Markets Ltd, Mumbai. He was Convener of the State Level Bankers Committee, State of GOA. He is also a Qualified Resolution Professional. He joined the Bank’s Board in November 2022.