Mr. Shaji K V took over as Chairman, National Bank for Agriculture and Rural Development (NABARD) on 07 December 2022. NABARD is the Government of India owned apex bank for agriculture and rural development and acts as a development bank, regulator of agriculture credit and Supervisor of Rural Financial Institutions in the country. Previously, he served as Deputy Managing Director of NABARD from 21 May 2020 to 06 December 2022.
Prior to joining NABARD, Mr. Shaji was associated with a scheduled commercial bank in India (Canara Bank). His area of expertise includes Retail Banking, SME Banking and Corporate Banking in rural, urban and metro areas. Mr. Shaji has also handled banking coordination and policy matters for over 6 years as in-charge of State Level Bankers’ Committee, Kerala. He was instrumental in the merger of Syndicate Bank a public sector bank in India with Canara Bank. He also handled amalgamation of two Regional Rural Banks (RRBs) to establish Kerala Gramin Bank, the then largest RRB in India.
A post-graduate in agriculture science, Mr. Shaji holds a Post Graduate Degree in Management (PGDM) with specialisations in Public Policy and infrastructure finance from the prestigious Indian Institute of Management (IIM), Ahmedabad, India. He is also a certified associate of the Indian Institute of Banking & Finance (IIBF) and holds a Diploma in Treasury, Investments and Risk Management.
Mr. Shaji currently serves as Chairman of subsidiaries of NABARD viz., M/s NABARD Consultancy Services Limited (NABCONS), M/s NABSanrakshan Trustee Company Private Limited, M/s NABVENTURES Limited and M/s NABFOUNDATION. He is also Chairman of the Governing Council of the Bankers Institute of Rural Development (BIRD) and a member of the Board of Directors of M/s Deposit Insurance and Credit Guarantee Corporation (DICGC), India.
As an industry leader, he was also Director of various organizations such as National Payments Corporation of India (NPCI), Canara HSBC OBC Insurance Company Ltd. and Canara Bank Securities Ltd.