SBICAP Ventures Ltd. (CIN:U67190MH2005PLC157240) is an alternative asset manager based in India and is a wholly owned subsidiary of SBI Capital Markets Limited. It manages the Neev Fund and SWAMIH Investment Fund I.
Board of Directors
Mr. Dinesh Kumar Khara, Chairman SBI
Mr. Dinesh Khara is Chairman of the country’s largest Bank – State Bank of India. Having joined the bank as a Probationary Officer in 1984, he has rich experience in all facets of Banking. Before assuming office as Chairman, Mr. Khara has held several key positions in SBI such as MD (Global Banking & Subsidiaries), MD (Associates & Subsidiaries), MD & CEO (SBI Mutual Funds) and Chief General Manager – Bhopal Circle. He was also posted at Chicago for an overseas assignment.
As Managing Director, he led the International Banking Group, Large Corporate and Treasury operations in addition to the non-banking subsidiaries of the Bank viz., SBI Cards, SBIMF, SBI Life, SBI General etc. He also seamlessly executed the merger of five erstwhile Associate Banks and Bhartiya Mahila Bank, with SBI. Additionally, he also headed the Risk, IT and Compliance functions of the bank at various points.
Mr. Khara is a postgraduate in commerce from Delhi School of Economics and an MBA from FMS, New Delhi. He is also a Certified Associate of Indian Institute of Bankers (CAIIB). Mr. Khara is passionate about reading and has travelled extensively across the world.
Mr. Swaminathan Janakiraman
(Corporate Banking and Subsidiaries) State Bank of India
Mr. Swaminathan Janakiraman is the Managing Director (Corporate Banking and Subsidiaries) of State Bank of India (‘SBI’). In a career spanning over 33 years with SBI, he has held various assignments across Corporate and International Banking, Retail and Digital Banking, Finance and Assurance functions.
In his current assignment as MD (Corporate Banking and Subsidiaries), he oversees the Large Corporate and Commercial Credit business of the Bank alongwith Associates & Subsidiaries of the Bank. This includes major non-bank business like Credit cards, Mutual Fund, Life & General Insurance, Capital Markets, Custodial Services etc.
Prior to this assignment, as MD (Risk, Compliance and SARG), he was looking after the Risk Management functions as well as Regulatory Compliance framework for the Bank. Earlier, as DMD Finance, he looked after Budgeting, Capital Planning, Financial Reporting, Taxation, Audit, Economic Research, Investor Relations and Secretarial Compliance. As Chief Digital Officer of SBI, he served as the head of Digital & Transaction Banking verticals of the Bank. Prior to that, as a CGM, Mr. Swaminathan was the head of the SBI’s Hyderabad Circle overseeing the Bank’s business in the State of Telangana.
During his stint in SBI’s International Banking Group, Mr Swaminathan served as General Manager (FIG), Corporate Centre Mumbai, which handles SBI’s Correspondent banking relationships. As a DGM, he was head of Global Trade Services, responsible for Trade Finance business and Trade Operations of SBI’s overseas offices. He was also Head of Trade Finance at SBI’s Branch in New York. As SBI’s nominee, he served on the Board of Bank of Bhutan, an SBI JV in Bhutan.
As SBI’s nominee, Mr. Swaminathan was a Director on the boards of Yes Bank, NPCI, NPCI International and Jio Payments Bank. Mr Swaminathan also was the SBI’s nominee director and Chairman of the Board of SBI Payments Services Pvt Ltd, an SBI Hitachi JV. He is a Certified Anti-Money Laundering Specialist (CAMS) as well as Certified Documentary Credit Specialist (CDCS).
Mr. Amitava Chatterjee
Managing Director & CEO, SBI Capital Markets Limited
Mr. Amitava Chatterjee, Managing Director & CEO, SBI Capital Markets Limited (SBICAP), joined the Bank as a Probationary Officer in 1990.
Prior to his assignment as Managing Director & CEO, SBICAP, Mr. Chatterjee was the Chief General Manager of Delhi Circle, and was responsible for the overall strategic and operational performance of SBI’s Delhi Circle. Geographical area of operation consists of NCT of Delhi, Uttarakhand, Western UP and parts of Haryana, comprising of more than 1700 operating units and 17000+ employees. He has more than 30 years of experience in managing various operations of SBI as DGM of Module, GM (Regional Head – South Zone) of Corporate Client Group and CGM Circle.
His diverse experience includes Heading the Bank’s operation in the state of Rajasthan, Regional Head – South Zone of Corporate Client Group vertical where Bank’s clientele included many PSUs, NBFCs, DISCOMs and Module Head of Bidhan Nagar & Kolkata Modules in the state of West Bengal. He has shouldered responsibilities which included Business Development, Risk & Compliance Management, HR Functions, Interaction and Participation in various Industry and Government forums. He holds a B.Sc degree from Ranchi College and an MBA degree from ICFAI Hyderabad.
He is an avid sports aficionado and follows tennis, football and specially cricket. He has played district-level cricket from Jorhat and has also participated in bank-level cricket tournaments from time-to-time.
Shri. Mohan Harshey, Independent Director
Shri. Harshey is an independent director on the board of SVL. He is a postgraduate in Physics from IIT Bombay and a certified Associate of Indian Institute of Bankers.
Shri. Harshey conceptualized and led the efforts in successfully raising the Tata Capital Innovations Fund in 2009. He was Partner of the fund till he superannuated in June 2015.
He has vast experience in investments, merchant banking, SME & Corporate lending and private equity.
Shri. Harshey was the head of domestic treasury at State Bank of India (SBI). In his long stint of 31 years in SBI, he held various assignments in India and United States. During his tenure in treasury, he also started Private Equity business.
Shri Ravi Ranjan
President & Chief Operating Officer,
SBI Capital Markets Limited (SBICAP)
Shri. Ravi Ranjan has over 31 years of banking experience, having started his career as a Probationary Officer with State Bank of India in 1991. He has held various positions both in India and overseas, across multiple functions.
Prior to assuming charge as President & Chief Operating Officer of SBICAP with effect from 21st June 2021, his roles included General Manager (NW-II) at Local Head Office, Bangalore having a deposit franchise of Rs. 100,000 Crores and Advances Portfolio of Rs. 40,000 Crores covering 480 branches and 6,300 staff spread across Bengaluru and districts of North Karnataka from June 2020 to June 2022. Was DGM and Special Secretary to Chairman, State Bank, Corporate Centre. Having being DGM & Head Equity, have led the team that managed Bank’s proprietary investments in equity and mutual funds with portfolio size of USD 4 bio. Have been Vice President & Head – Syndications & Investments at Hong Kong looking after entire Syndicated Loan portfolio of USD 1.8 bio and fixed income portfolio of USD 600 mio.
During the period 1991 to 2010, he had held assignments spanning various facets of Head of Account Maintenance Team (AMT) for Shipping and Aviation Sectors, State Bank Academy, been Branch Manager of 5 different branches of State Bank of India in various branches in India, overseas assignment at California.
He has a Master’s degree in Business Administration from MDI, Gurugram, M.Sc in Botany from Patna University, CAIIB Part I & II and holds Certificate Programme for NPA Resolution.
Mr. Suresh Kozhikote has been appointed as Managing Director & Chief Executive Office at SBICAP Ventures Limited (SVL) in June 2020. Prior to his appointment at SVL, Mr. Kozhikote was the General Manager- Private Equity at the State Bank of India (SBI) Corporate Center, Mumbai.
Mr. Kozhikote has over 33 years’ experience in banking, having started his career with the State Bank Group in 1987. Mr. Kozhikote has handled assignments both in India and overseas across various functions. He has been in treasury operations for more than 18 years – from a Forex dealer to Head – Treasury. His assignments include Vice President (Treasury) at SBI Central Treasury Hong Kong, Dy General Manager at State Bank of Patiala as Head of Treasury and then as Head of Retail Operations covering Delhi NCR, Haryana & Rajasthan. Also, as Dy. General Manager (Taxation), he was in charge of GST project in SBI. As General Manager- Private Equity, he managed SBI’s portfolio of Private Equity, Strategic Investments and Investments in AIF.
Mr. Kozhikote is a Commerce Graduate, a Certified Associate of the Indian Institute of Bankers and has a Diploma in Treasury, Investment and Risk Management.