Padmaja Chunduru

MD & Chief Executive Officer, National Securities Depository Limited

Ms. Padmaja Chunduru is MD & CEO of NSDL since Sept. 2021, after a 37-years stint in the Banking industry, with State Bank of India and Indian Bank. A post-graduate in Commerce from Andhra University, Ms. Padmaja joined SBI in 1984 as a Probationary Officer. In a career spanning more than 3 decades, with postings in India and USA, she gained rich experience in Corporate Lending and Credit Management, Retail Operations and Digital Banking, Treasury and International Operations. Ms. Padmaja was adjudged “Banker of the Year” by FE for 2019-20 and ‘Best CEO’ at BT Prime Women Leadership Awards for 2020-2021. She was also adjudged “Best CEO- BFSI” in the Business Today-PwC rankings for 2020-2021. Ms. Padmaja has extensive Board experience. She Chaired the Indian Bank Board and was also on the LIC Board from 2018-2021. DETAILED EXPERIENCE MD&CEO, National Securities Depository Limited (NSDL) {Oct 2021 - Present} MD & CEO, Indian Bank, {Sep 2018 - Aug 2021} Successfully steered the merger of Allahabad Bank into Indian Bank amid Covid challenges. With this merger, Indian Bank doubled in Balance Sheet size and network and today is among the top 10 banks in the country, with 6000 branches, more than 40000 employees and business of more than INR 8.5 trillion. Significant improvement in all key metrics and the empathetic handling of the cultural integration of two diverse banks was the subject of a case study "Merger of Equals" by Harvard Business School Publishing. In the Forbes Global ranking of 'Best Employers 2021', Indian Bank has ranked 314th globally. In India, the Bank is among the Top 10 - Best Employers. State Bank of India {34 years with the largest Indian Bank} Deputy Managing Director, Global Markets & Digital Banking Country Head-USA Designed and oversaw strategic planning, business activity, risk management and compliance in all the US offices of State Bank of India primarily engaged in deposit raising and corporate lending Steered business relations with government, regulatory bodies, and multilateral institutions in Washington DC and Brazil (Sao Paulo) through representative offices Strengthened relationships with FIs in USA Represented SBI to US Federal and State regulators Vice-Chair of the Board of Directors of SBI (California), a subsidiary of SBI Chair of Risk and Credit committees and ALCO of US Operations Chair of country-level Risk Committee for Dodd-Frank (EPS) implementation She worked as General Manager, Corporate Accounts Group, SBI Mumbai and established & managed relationships with large Indian conglomerates across cement, software, and renewable energy sectors. She also coordinated and executed tactical initiatives towards strengthening them and managing risk through enhanced credit supervision / asset quality. Ms. Padmaja has also served at the following positions: Member, Board of Trustees and Member, Working Group on Behavior and ethics in Banks, Institute of International Bankers Advisory Board Member, Asia Society, New York Director, National Payments Corporation of India (NPCI) [Nominee Director from SBI] Director on Board, LIC [Govt. Nominee Director] Education: Andhra University College of Commerce, Master’s Degree, Business/Commerce, Banking Nizam College, Hyderabad, Bachelor’s Degree, Business/Commerce