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Monday, May 30, 2011

Mr S. Sridhar, Brings His Successful Stint at The Helm of The Bank


Mr S. Sridhar, Chairman and Managing Director, Central Bank of India, brings his successful stint at the helm of the bank to a close on May 31, capping a well-rounded career that has an impressive list of achievements.

In his stint as Chairman and Managing Director of the National Housing Bank (for a while, he held dual charge) he played a significant role in introducing the residential price index as well as pushing the reverse mortgage product for senior citizens. Prior to this he was associated with Exim Bank as Executive Director as well as State Bank of India in the early part of his career.

He has played a major part in modernising Central Bank's technology infrastructure and its HR policies. A whole gamut of measures, including accelerated promotions, regular appraisals, fresh recruitments, talent mapping, etc., were unveiled during the last two years.

He has also done some organisational restructuring, bringing in the concept of verticals for different sectors into operation where none existed earlier. Even union heads who are normally hard to please, praise the work he has done over the past few years to transform the bank.

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