Umesh Chandra Sarangi

Biography

Mr. Umesh Chandra Sarangi has been appointed as an Independent Director on the Board of the Bank with effect from 21st July, 2016 for a period of five (5) years. Mr. Sarangi holds a Masters degree in Science (Botany) from Utkal University (gold medallist). Mr. Sarangi has 35 years of experience in Indian Administrative Service and brought in significant reforms in modernizing of agriculture, focus on agro processing and export. As the erstwhile Chairman of National Bank for Agricultural and Rural Development (NABARD) from December 2007 to December 2010, Mr. Sarangi focused on rural infrastructure, accelerated initiatives such as microfinance, financial inclusion, watershed development and tribal development. Mr. Sarangi has been appointed as a Director having specialized knowledge and experience in agriculture and rural economy pursuant to Section 10-A (2)(a) of the Banking Regulation Act, 1949. Mr. Sarangi is a member on the following Committees of the Board of the Bank: Audit Committee Corporate Social Responsibility Committee

Research Interest

 economis commerce