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Indiabulls Housing Finance Ltd. is now Sammaan Capital Ltd.
Indiabulls Housing Finance Ltd. is now Sammaan Capital Ltd.

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Board of Directors

Check out Sammaan Capital - Board of Directors & Committee details who primarily focuses on strategy, policy & value of the organization.

  • Mr.Subhash Sheoratan Mundra

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

    Mr.Subhash Sheoratan 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] amongst others, culminating as the Deputy Governor of 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 etc.

  • Mr. Achuthan Siddharth

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

    Mr. Achuthan Siddharth is a Commerce and Law graduate from the 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 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.

  • Mr. Satish Chand Mathur, IPS

    [ex-Director General of Police, Maharashtra]
    Independent Director

    Mr. Satish Chand Mathur is a retired officer of the Indian Police Service [IPS] officer and is an ex-Director General of Police, Maharashtra. During his illustrious career spanning nearly 37 years, he held various sensitive and challenging assignments such as Commissioner of Police, Pune, Director General of Anti-Corruption Bureau, Maharashtra culminating at the helm of an over 2.25 lakh force of Maharashtra Police. He also served in the Central Bureau of Investigation from 1996 to 2003.

  • Mr. Dinabandhu Mohapatra

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

    Mr. Dinabandhu 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.

  • Mr. Gagan Banga

    Vice-Chairman, Managing Director & CEO

    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.

  • Mr. Sachin Chaudhary

    Chief Operating Officer

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

  • Mr. Rajiv Gupta

    LIC Nominee Director

    Since June 2022, Mr. Rajiv Gupta was a 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.

  • Mrs. 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.

Board Committees