DCB's Board of Directors comprises of a wide cross-section of industry veterans. Their multi-faceted expertise is evident in the positive direction and productive functioning of the Bank.

Mr. Nasser Munjee, Chairman

Mr. Nasser Munjee was educated at the Leys School in Cambridge UK and then went on to do his Bachelor and Masters Degrees at the London School of Economics, UK.  He spent a short while at the University of Chicago USA, before returning to India in 1977.  He joined the Chairman of one of India’s leading development banks – ICICI, Mr. H. T. Parekh, to establish the first housing finance company in India – the first retail institution serving customers directly for their housing needs - HDFC.  Against many odds the HDFC group, as it is known today, grew to be a financial conglomerate with assets over $50billion in banking, insurance, mutual funds as well as its prime business – housing finance.  He rose to be an executive director on the Board with wide responsibilities.

In 1997, the Finance Minister of India requested the Chairman of HDFC to consider setting up an infrastructure finance company as India faced acute challenges in this field.  Nasser was asked to think through this challenge and, as a result, Infrastructure Development Finance Company (IDFC) was born.  IDFC charted the course of private investment in infrastructure – a sector that was dominated by the public sector – with great success.  Much of the conditions for private investment in infrastructure in India was created by IDFC between 1997 and 2004.  Nasser left IDFC owing to disagreements with the Government which intended a nationalization of IDFC.

Since 2004, Nasser has been pursuing his own interests in his own way. He sits on 15 Corporate Boards in India which include HDFC, Tata Motors, Tata Chemicals, Tata Motor Finance Ltd. (Chairman), Reid & Taylor (India) Ltd. (Chairman), Cummins India, ABB Ltd., Ambuja Cements (now part of the HOLCIM group). He is also Chairman of other Aga Khan institutions in India – Aga Khan Rural Support Programme (AKRSP) and Muniwar-Abad Charitable Trust (MACT). He was the President of the Bombay Chamber of Commerce and Industry – the city’s oldest Chamber of Commerce and he has served on numerous Government Task Forces on Housing and Urban Development.

Mr. Murali M. Natrajan, Managing Director & Chief Executive Officer (CEO)

Prior to joining DCB, Mr. Natrajan served as the Global Head for SME banking in Standard Chartered Bank. He was responsible for providing strategic context and business development capabilities to drive a distinctive and consistent business model across 27 markets in Asia, Africa and the Middle East. Mr. Natrajan joined Standard Chartered Bank, India to head the Mortgage & Auto Business. In November 2004, he was promoted as Head of Consumer Banking for India & Nepal overseeing business that include Mortgages, Wealth Management, Branches, ATMs, Credit Cards, Personal Loans and SME.

A Fellow Member of the Institute of Chartered Accountants of India, Mr Natrajan started his career with American Express TRS in India where he worked for 5 years in Business Planning, Finance and Operations. In 1989, he joined Citibank where he spent 14 years in various disciplines such as Operations, Credit, Finance, Product Management and Business Management of Consumer Banking. Prior to joining Standard Chartered Bank in October 2002, he had successful stints as Cards Business Director in Citibank India, Hong Kong and Indonesia.

Directors

Ms. Nasim Devji is a Fellow of the Institute of Chartered Accountants (England & Wales) and also a member of the Institute of Taxation, U.K. She has specialised in the fields of banking and small scale industries. Ms. Devji is currently the Managing Director and Group CEO of Diamond Trust Bank in East Africa.

Mr. Altaf Jiwani is qualified as B.E. (Production) and MMS (Finance). He has more than 20 years of experience in Corporate Finance across industries such as, electrical, textile and automobile. He has developed expertise in the areas of Foreign Exchange, Risk Management and Trade Finance and received the ‘Outstanding Achiever’ Award within RPG Group in 2007-08. He has significantly contributed in derisking the business model of Philips Carbon Black Ltd. in his role as CFO. Mr. Jiwani is currently in-charge of two business segments namely power and carbo-chemical.

Mr. Amin Manekia is an MBA (from Babson College, USA), and completed his graduation in Commerce. He has over 30 years of experience and specialized in the field of marketing, finance, co-operation and banking. He has pioneered in concept of automatic beverage vending machines in India. He has more than a decade of experience on the Boards of listed entities in India. Mr. Manekia has worked for more than 20 years in various capacities in different institutions of the AKDN for the social-economic upliftment of the poor. Earlier, Mr. Manekia has served on Bank’s Board for 8 years from September 30, 2000 up to September 30, 2008.

Mr. A. A. Sabuwala is a qualified diploma holder in Mechanical Engineering and has specialised in Small Scale Industries. He has set up several small-scale industries over the past 30 years.

Mr. D. E. Udwadia M.A L.L.B. (Hons.) is a solicitor and advocate of the Bombay High Court, and solicitor of the Supreme Court of England. His area of legal practice is corporate law, foreign collaboration, joint venture, and project finance. He is a partner in Udwadia & Udeshi, a firm of solicitors and advocates. He is an independent director on the boards of several corporate entities, both listed and unlisted, including J.M. Financial Ltd., ABB Ltd., The Bombay Burmah Trading Corporation Ltd., Eureka Forbes Ltd., ITD Cementation Ltd., Wyeth Ltd., AstraZeneca Pharma India Ltd., IRD Mechanalysis Limited, and WABCO India Ltd.

Mr. Narayan K. Seshadri Mr. Narayan K. Seshadri holds a B.Sc. degree and is a Chartered Accountant. He has specialised in the fields of agriculture, small scale industries, and rural economy. Mr. Seshadri is a corporate consultant and is a board member of a number of companies such as PI Industries Ltd., Kalpataru Power Transmission Ltd., Magma Fincorp. Ltd., WABCO India Ltd., DHFL Venture Capital India Private Limited and Halcyon Resources & Management Pvt. Ltd

Mr. R. A. Momin holds a B.Com degree and is a Fellow of the Institute of Chartered Accountants of India. Mr. Momin has more than 30 years of experience in the field of accounting and audit. He had been on the Board of Directors of the erstwhile Development Co-operative Bank for six years.

Mr. Suhail Nathani is a founder Partner of Economic Laws Practice, a law firm with offices in Mumbai, Delhi, Ahmedabad and Pune. His areas of specialisation include corporate and commercial matters, private equity and international trade. He has advised on several investments in the manufacturing, services and real estate sector in India. He has also represented the Government of India at the WTO (Panel and Appellate Body), most recently in the Wines and Spirits dispute against the USA. Suhail obtained an M.A. in Law from Cambridge University in England and went on to complete his LLM from Duke University in the US. Besides being enrolled as an advocate in India, he is admitted to the New York State Bar and the US Court of International Trade. He serves as an independent director on the Board of diverse public companies, the Cambridge Society of Bombay and on the India advisory Board of Duke University. He has been widely published and has been speaker at several conferences.

Mr. Sukh Dev Nayyar holds an M.Sc. (Physics Hons.) degree. An Associate of the Institute of Bankers, England, he is also an expert in the areas of Risk Management. He has vast experience in banking, having previously worked in various senior positions with Grindlays Bank from 1964 to 1994 and with ING Bank as CEO from 1994 to 1998. His last assignment was as Chairman & Managing Director of the ING Asset Management Company.