![]() | This biographical article is written like a résumé .(June 2023) |
Rakesh Sharma | |
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Born | July 2, 1958 |
Nationality | Indian |
Occupation | MD & CEO of IDBI Bank |
Children | 2 |
Rakesh Sharma (born 2 July 1958) is an Indian banker who is the Managing Director & Chief Executive Officer of IDBI Bank. [1] Sharma was the MD and CEO of Lakshmi Vilas Bank and Canara Bank. He has also held positions at State Bank of India during his 33-year tenure with the lender. [2]
Sharma started his career with State Bank of India (SBI) as a probationary officer in 1980 and served the bank till 2014. His last position in SBI was that of Chief General Manager for Patna Circle, comprising Bihar and Jharkhand. [3] Sharma has also held portfolios including lending to mid-corporate accounts in Andhra Pradesh region and supervising retail operations in the states of Rajasthan, Uttarakhand and Western UP. [4] Earlier, he served as Chief Executive Officer of SBI Japan where he steered and directed operations of SBI branches in Tokyo and Osaka. [1]
Sharma joined Lakshmi Vilas Bank (LVB) as the MD and CEO in March 2014. He helmed Lakshmi Vilas Bank's rapid growth, as well as internal governance and mobile banking. [3]
Sharma joined Canara Bank in September 2015 as part of Government of India's Mission Indradhanush to revive public sector banks. He has led reorganisation drive at the bank moving from a three-tier to a four-tier organisation structure. [5] Sharma has raised capital for the bank through stake sales and by monetising the bank's investments in its subsidiaries such as Can Fin Homes. [6]
Sharma received National Award for Excellence in lending to MSME, Micro Enterprises and PMEGP conferred on Canara Bank and presented by Hon’ble Prime Minister Shri Narendra Modi in 2016. [17]
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