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Our Board of Directors

At Sammaan Capital, our Board of Directors comprises of elite leaders of the Indian Financial Services landscape who fortify our focus and dedication in building the dreams of our customers together. Together, we are committed to accompanying you on your journey with guidance you can trust.
Mr. Subhash Sheoratan Mundra

Mr. Subhash Sheoratan Mundra

[ex-Deputy Governor, the Reserve Bank of India] Non-Executive [Independent] Chairman

Mr. Mundra is a seasoned banker, with a distinguished career spanning over four decades, during which he held various high-level positions, including Chairman and Managing Director of Bank of Baroda, Executive Director of Union Bank of India, Chief Executive of Bank of Baroda [European Operations] among others, culminating as the Deputy Governor of the Reserve Bank of India, from where he finally demitted his office in July 2017. Mr. Mundra has expertise in banking, supervision, management and administrative matters. During his illustrious career, spanning over forty years with various banks, he held several positions across functions and locations, both in India and abroad, and has handled diverse portfolios, like core central banking, commercial banking - wholesale and retail, banking regulation and supervision, financial markets, treasury management, planning, economic research, investment banking, risk management and international banking.


His Directorships and Other Full-Time Positions in Body Corporates:


  1. 1. Sammaan Capital Limited
  2. 2. DSP Asset Managers Private Limited
  3. 3. Yashraj Biotechnology Limited
  4. 4. Havells India Limited
  5. 5. Airtel Payments Bank Limited
Mr. Subhash Sheoratan Mundra

Mr. Mundra is a seasoned banker, with a distinguished career spanning over four decades, during which he held various high-level positions, including Chairman and Managing Director of Bank of Baroda, Executive Director of Union Bank of India, Chief Executive of Bank of Baroda [European Operations] among others, culminating as the Deputy Governor of the Reserve Bank of India, from where he finally demitted his office in July 2017. Mr. Mundra has expertise in banking, supervision, management and administrative matters. During his illustrious career, spanning over forty years with various banks, he held several positions across functions and locations, both in India and abroad, and has handled diverse portfolios, like core central banking, commercial banking - wholesale and retail, banking regulation and supervision, financial markets, treasury management, planning, economic research, investment banking, risk management and international banking.


His Directorships and Other Full-Time Positions in Body Corporates:


  1. 1. Sammaan Capital Limited
  2. 2. DSP Asset Managers Private Limited
  3. 3. Yashraj Biotechnology Limited
  4. 4. Havells India Limited
  5. 5. Airtel Payments Bank Limited
Mr. Dinabandhu Mohapatra

Mr. Dinabandhu Mohapatra

[ex-MD & CEO, Bank of India]Independent Director

Mr. Mohapatra is a former MD & CEO, Bank of India and is a seasoned banker. He had a distinguished career spanning over three decades, during which he held various high level positions, including Executive Director of Canara Bank and Chief Executive Officer of Hong Kong and Singapore Centres of Bank of India. Mr. Mohapatra has vast knowledge and multi - dimensional banking experience including Treasury Operations, International Banking, Priority Sector Lending, Corporate Lending, Marketing, Recovery, Human Resources.

His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. Regaal Resources Limited
  3. 3. Sammaan Finserve Limited
Mr. Dinabandhu Mohapatra

Mr. Mohapatra is a former MD & CEO, Bank of India and is a seasoned banker. He had a distinguished career spanning over three decades, during which he held various high level positions, including Executive Director of Canara Bank and Chief Executive Officer of Hong Kong and Singapore Centres of Bank of India. Mr. Mohapatra has vast knowledge and multi - dimensional banking experience including Treasury Operations, International Banking, Priority Sector Lending, Corporate Lending, Marketing, Recovery, Human Resources.

His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. Regaal Resources Limited
  3. 3. Sammaan Finserve Limited
Mr. Achuthan Siddharth

Mr. Achuthan Siddharth

[ex-Partner, Deloitte, Haskins & Sells]Independent Director. Chairman of Audit Committee

Mr. Siddharth is a Commerce and Law graduate from Mumbai University, a fellow member of the Institute of Chartered Accountants of India, and an associate member of the Institute of Company Secretaries of India. He was associated with Deloitte, Haskins & Sells for over 4 decades and served as a Partner for 33 years. He has vast and varied experience in the field of Audit of domestic as well as multinational companies in sectors such as Manufacturing, Hospitality, Technology and Non-Banking Financial Services. Mr. Siddharth is also on the Board of Reliance Industrial Infrastructure Limited.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. Sintex Industries Limited
  3. 3. Reliance Industrial Infrastructure Limited
  4. 4. Den Networks Limited
  5. 5. Strand Life Sciences Private Limited
  6. 6. Jio Payments Bank Limited
  7. 7. JM Financial Asset Management Limited
  8. 8. Reliance Ethane Pipeline Limited
  9. 9. Alok Industries Limited
  10. 10. JM Financial Products Limited
Mr. Achuthan Siddharth

Mr. Siddharth is a Commerce and Law graduate from Mumbai University, a fellow member of the Institute of Chartered Accountants of India, and an associate member of the Institute of Company Secretaries of India. He was associated with Deloitte, Haskins & Sells for over 4 decades and served as a Partner for 33 years. He has vast and varied experience in the field of Audit of domestic as well as multinational companies in sectors such as Manufacturing, Hospitality, Technology and Non-Banking Financial Services. Mr. Siddharth is also on the Board of Reliance Industrial Infrastructure Limited.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. Sintex Industries Limited
  3. 3. Reliance Industrial Infrastructure Limited
  4. 4. Den Networks Limited
  5. 5. Strand Life Sciences Private Limited
  6. 6. Jio Payments Bank Limited
  7. 7. JM Financial Asset Management Limited
  8. 8. Reliance Ethane Pipeline Limited
  9. 9. Alok Industries Limited
  10. 10. JM Financial Products Limited
Mr. Rajiv Gupta

Mr. Rajiv Gupta

LIC Nominee Director

Since June 2022, Mr. Rajiv Gupta was the Director & Chief Executive Officer of LICHFL Asset Management Company Limited till November 2023. Prior to his present assignment he was working as Executive Director in-charge of Customer Relationship Management (Policy Services) at LIC of India. Earlier he has held the positions of Director & CEO, LICHFL Care Homes LTD, General Manager In-Charge of Information Technology and Risk Management at LIC Housing Finance Limited Mumbai, and as Chief (IT/SD), LIC of India. He is a science graduate and has received training from Asian Institute of Management (Manila), ISB Hyderabad, IIM Ahmedabad, IIM Kolkata, National Institute of Advanced Studies (Bengaluru) and National Insurance Academy, Pune besides attending several seminars in India.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
Mr. Rajiv Gupta

Since June 2022, Mr. Rajiv Gupta was the Director & Chief Executive Officer of LICHFL Asset Management Company Limited till November 2023. Prior to his present assignment he was working as Executive Director in-charge of Customer Relationship Management (Policy Services) at LIC of India. Earlier he has held the positions of Director & CEO, LICHFL Care Homes LTD, General Manager In-Charge of Information Technology and Risk Management at LIC Housing Finance Limited Mumbai, and as Chief (IT/SD), LIC of India. He is a science graduate and has received training from Asian Institute of Management (Manila), ISB Hyderabad, IIM Ahmedabad, IIM Kolkata, National Institute of Advanced Studies (Bengaluru) and National Insurance Academy, Pune besides attending several seminars in India.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
Mrs. Shefali Shah

Ms. Shefali Shah

[Retired Indian Revenue Services (“IRS”) (Income Tax) Officer]

Independent Director

Mrs. Shefali Shah is a retired Indian Revenue Services (“IRS”) (Income Tax) officer and in her illustrious career as an IRS officer spanning over 35 years, she held senior level positions with the Government of India in the areas of Income Tax, including as the Principal Chief Commissioner of Income Tax. Dynamism and human approach are the hallmark of her persona. She is known as committed professional having rich and varied experience. She has successful leadership and governance abilities, expertise in policy formulation, strategy, programme implementation in Government of India in Ministries of Commerce, Culture Consumer Affairs and Revenue and Direct Tax policy and administration. She holds a Masters’ degree in Economics from University of Rajasthan.


  1. 1. Sammaan Capital Limited
  2. 2. TP Northern Odisha Distribution Limited
  3. 3. TP Central Odisha Distribution Limited
  4. 4. Tata Power Delhi Distribution Limited
  5. 5. Raigad Pen Growth Centre Limited
  6. 6. Go Digit Life Insurance Limited
Mrs. Shefali Shah

Mrs. Shefali Shah is a retired Indian Revenue Services (“IRS”) (Income Tax) officer and in her illustrious career as an IRS officer spanning over 35 years, she held senior level positions with the Government of India in the areas of Income Tax, including as the Principal Chief Commissioner of Income Tax. Dynamism and human approach are the hallmark of her persona. She is known as committed professional having rich and varied experience. She has successful leadership and governance abilities, expertise in policy formulation, strategy, programme implementation in Government of India in Ministries of Commerce, Culture Consumer Affairs and Revenue and Direct Tax policy and administration. She holds a Masters’ degree in Economics from University of Rajasthan.


  1. 1. Sammaan Capital Limited
  2. 2. TP Northern Odisha Distribution Limited
  3. 3. TP Central Odisha Distribution Limited
  4. 4. Tata Power Delhi Distribution Limited
  5. 5. Raigad Pen Growth Centre Limited
  6. 6. Go Digit Life Insurance Limited
Mr. Sachin Chaudhary

Mr. Sachin Chaudhary

Chief Operating Officer

Mr. Sachin Chaudhary is the Executive Director & Chief Operating Officer of Sammaan Capital Limited (SCL), which was formerly known as Indiabulls Housing Finance Limited. Having joined in 2006, he has been key to Sammaan Capital Limited’s growth and expansion. Mr. Chaudhary has vast experience of over 25 years in the mortgage industry, working with leading banks, NBFCs, and housing finance companies. He has a strong background in the credit function and has demonstrated performance in roles spanning from Credit Manager to National Credit Head. Prior to joining Sammaan Capital Limited, his career included positions at industry heavyweights such as ICICI Bank, Dewan Housing Finance Limited, and GE Money. Sachin was part of the launch of Home Loans at ICICI Bank in 2000 and was instrumental in setting up Home Loans of ICICI Bank business in Punjab, Haryana, Himachal Pradesh, and Chandigarh. Sachin holds an MBA degree with a specialization in Finance.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. Indiabulls Capital Services Limited
  3. 3. Sammaan Investmart Services Limited
Mr. Sachin Chaudhary

Mr. Sachin Chaudhary is the Executive Director & Chief Operating Officer of Sammaan Capital Limited (SCL), which was formerly known as Indiabulls Housing Finance Limited. Having joined in 2006, he has been key to Sammaan Capital Limited’s growth and expansion. Mr. Chaudhary has vast experience of over 25 years in the mortgage industry, working with leading banks, NBFCs, and housing finance companies. He has a strong background in the credit function and has demonstrated performance in roles spanning from Credit Manager to National Credit Head. Prior to joining Sammaan Capital Limited, his career included positions at industry heavyweights such as ICICI Bank, Dewan Housing Finance Limited, and GE Money. Sachin was part of the launch of Home Loans at ICICI Bank in 2000 and was instrumental in setting up Home Loans of ICICI Bank business in Punjab, Haryana, Himachal Pradesh, and Chandigarh. Sachin holds an MBA degree with a specialization in Finance.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. Indiabulls Capital Services Limited
  3. 3. Sammaan Investmart Services Limited
Mr. Gagan Banga

Mr. Gagan Banga

Vice-Chairman, Managing Director

Mr. Gagan Banga is the Vice Chairman and Managing Director and Chief Executive officer of Sammaan Capital Limited (SCL). He holds an MBA in Marketing from Goa Institute of Management. Mr. Banga joined Indiabulls in 2000 and has been with the company for over 23 years and had a challenging and successful career across various businesses and roles and has been a key driver of the success story of Sammaan Capital Limited. Mr. Banga believes meticulous planning is the key to success. His focus on customer service, financial discipline including Asset Liability Management has paved the path for efficient transformation of the company from a promoter driven to a professionally managed company. Since, 2004 as the CEO of Indiabulls Housing Finance Limited he has been instrumental in growing the company to one of the largest HFCs in the country. Under Gagan’s leadership Sammaan Capital Limited today is a lender of considerable size, repute and has a presence in asset classes such as Home Loans, Loans Against Property and Corporate Mortgage Loans.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. GSB Advisory Services Private Limited
Mr. Gagan Banga

Mr. Gagan Banga is the Vice Chairman and Managing Director and Chief Executive officer of Sammaan Capital Limited (SCL). He holds an MBA in Marketing from Goa Institute of Management. Mr. Banga joined Indiabulls in 2000 and has been with the company for over 23 years and had a challenging and successful career across various businesses and roles and has been a key driver of the success story of Sammaan Capital Limited. Mr. Banga believes meticulous planning is the key to success. His focus on customer service, financial discipline including Asset Liability Management has paved the path for efficient transformation of the company from a promoter driven to a professionally managed company. Since, 2004 as the CEO of Indiabulls Housing Finance Limited he has been instrumental in growing the company to one of the largest HFCs in the country. Under Gagan’s leadership Sammaan Capital Limited today is a lender of considerable size, repute and has a presence in asset classes such as Home Loans, Loans Against Property and Corporate Mortgage Loans.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. GSB Advisory Services Private Limited

Our Board Committees

Leading Sammaan with their Expertise and Vision
Mr. Dinabandhu Mohapatra

Mr. Dinabandhu Mohapatra

Chairman
Mr. Dinabandhu Mohapatra

Mr. Mohapatra is a former MD & CEO, Bank of India and is a seasoned banker. He had a distinguished career spanning over three decades, during which he held various high level positions, including Executive Director of Canara Bank and Chief Executive Officer of Hong Kong and Singapore Centres of Bank of India. Mr. Mohapatra has vast knowledge and multi - dimensional banking experience including Treasury Operations, International Banking, Priority Sector Lending, Corporate Lending, Marketing, Recovery, Human Resources.

His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. Regaal Resources Limited
  3. 3. Sammaan Finserve Limited
Mr. Achuthan Siddharth

Mr. Achuthan Siddharth

Member
Mr. Achuthan Siddharth

Mr. Siddharth is a Commerce and Law graduate from Mumbai University, a fellow member of the Institute of Chartered Accountants of India, and an associate member of the Institute of Company Secretaries of India. He was associated with Deloitte, Haskins & Sells for over 4 decades and served as a Partner for 33 years. He has vast and varied experience in the field of Audit of domestic as well as multinational companies in sectors such as Manufacturing, Hospitality, Technology and Non-Banking Financial Services. Mr. Siddharth is also on the Board of Reliance Industrial Infrastructure Limited.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. Sintex Industries Limited
  3. 3. Reliance Industrial Infrastructure Limited
  4. 4. Den Networks Limited
  5. 5. Strand Life Sciences Private Limited
  6. 6. Jio Payments Bank Limited
  7. 7. JM Financial Asset Management Limited
  8. 8. Reliance Ethane Pipeline Limited
  9. 9. Alok Industries Limited
  10. 10. JM Financial Products Limited
Mr. Sachin Chaudhary

Mr. Sachin Chaudhary

Member
Mr. Sachin Chaudhary

Mr. Sachin Chaudhary is the Executive Director & Chief Operating Officer of Sammaan Capital Limited (SCL), which was formerly known as Indiabulls Housing Finance Limited. Having joined in 2006, he has been key to Sammaan Capital Limited’s growth and expansion. Mr. Chaudhary has vast experience of over 25 years in the mortgage industry, working with leading banks, NBFCs, and housing finance companies. He has a strong background in the credit function and has demonstrated performance in roles spanning from Credit Manager to National Credit Head. Prior to joining Sammaan Capital Limited, his career included positions at industry heavyweights such as ICICI Bank, Dewan Housing Finance Limited, and GE Money. Sachin was part of the launch of Home Loans at ICICI Bank in 2000 and was instrumental in setting up Home Loans of ICICI Bank business in Punjab, Haryana, Himachal Pradesh, and Chandigarh. Sachin holds an MBA degree with a specialization in Finance.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. Indiabulls Capital Services Limited
  3. 3. Sammaan Investmart Services Limited
Mr. Gagan Banga

Mr. Gagan Banga

Member
Mr. Gagan Banga

Mr. Gagan Banga is the Vice Chairman and Managing Director and Chief Executive officer of Sammaan Capital Limited (SCL). He holds an MBA in Marketing from Goa Institute of Management. Mr. Banga joined Indiabulls in 2000 and has been with the company for over 23 years and had a challenging and successful career across various businesses and roles and has been a key driver of the success story of Sammaan Capital Limited. Mr. Banga believes meticulous planning is the key to success. His focus on customer service, financial discipline including Asset Liability Management has paved the path for efficient transformation of the company from a promoter driven to a professionally managed company. Since, 2004 as the CEO of Indiabulls Housing Finance Limited he has been instrumental in growing the company to one of the largest HFCs in the country. Under Gagan’s leadership Sammaan Capital Limited today is a lender of considerable size, repute and has a presence in asset classes such as Home Loans, Loans Against Property and Corporate Mortgage Loans.


His directorships and other full-time positions in body corporates are as follows:


  1. 1. Sammaan Capital Limited
  2. 2. GSB Advisory Services Private Limited
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