Renu Challu

Biography

 Born in the year 1952, Smt. Renu Challu, is a Gold Medalist in MA Economics and is an associate of the Indian Institute of Bankers. She has served in the State Bank of India Group for about 39 years and her stellar career culminated in her being the Deputy Managing Director of Corporate Strategy and New Businesses. Some of her path breaking initiatives are captured below: a.     a.Identified, developed and implemented new business areas as member of the Corporate Management Committee of SBI. b.     b.As MD of SBH recorded the highest ROE amongst large banks in India as on March 2010, through technology and BPR initiatives, HR development programmes, employee motivation and repositioning of the Bank through rebranding exercise. c.     As MD & CEO of SBI DFHI, launched the 1st country-wide web based platform with two way quotes for liquid G-Secs. d.     At SBI, Bhopal, launched Cyber Treasury with MP and Chhattisgarh Governments (through e-challans), which was replicated by some other State Govts. e.     As President & COO of SBI Capital Markets propelled SBICAP to the no.1 position amongst investment banks in debt syndication in Asia Pacific. f.      As GM (Commercial) at SBI, Lucknow, reduced turnaround time to 3 weeks for credit sanctions. g.     g.At SBI Corporate Centre, took technology initiatives like the 1st one million online ATM cards, internet banking, Maestro Debit Card, etc. and pioneered policy framework and implementation of personal banking loaning in SBI. While focusing on such path breaking initiatives, she played an inestimable role in the illustrious growth of the organisations she worked with. Various awards and recognitions were received by State Bank of Hyderabad under her leadership. She is also a Director on the Boards of SMS Ltd, Reliance Nippon Life Insurance Company Ltd, FAG Bearings India Ltd, Minda Industries Ltd, Fullerton India Credit Company Ltd, NCC Ltd, Netafim Agricultural Financing Agency Pvt. Ltd. and Fullerton India Home Finance Company Limited.

Research Interest

 economics businness management