Experience Next Generation Banking
Investor Presentation October - 2016 Safe Harbor
No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. The information contained in this presentation is only current as of its date. Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements”, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects, and future developments in its industry and its competitive and regulatory environment. Actual results may differ materially from these forward-looking statements due to a number of factors, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions in India. This communication is for general information purpose only, without regard to specific objectives, financial situations and needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any shares in the Company and neither any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. This presentation can not be copied and/or disseminated in any manner.
2 Contents
Q2 FY17 Highlights
Business Strategy
Performance Matrix
Next Generation Bank
An Inflection Point
About Us
3 Q2 FY17 Highlights
4 Achieving New Heights
South Indian Bank Achieves New Milestone One Lakh Crore Business
5 UPI Integration – Ahead of the Curve
Single Application for accessing different bank accounts
Use of Virtual ID is more secure as no credential sharing required
No risk of storing customer’s virtual address like in Cards
Secured with two Factor Authentication
SIB M-Pay (UPI Pay) is one of the first Mobile Banking Applications to be powered with UPI Service 6 Recent Awards
South Indian Bank wins IDRBT Best Bank Award for Electronic Payment
7 Key Performance Highlights- Q2 FY17
Rs in Crores Q2 FY17 Q2 FY16 Growth
Net Total 591.1 509.0 Income 16.1%
EBIDTADeposits 60,19217 53,03641 13.5%26%
Advances 43,548 39,556 10.1%
CASA 13,698 12,072 13.5%
PAT 110.5 93.0 18.8%
8 Business Strategy
9 Our Strategy…
Expand • Focus on retail loan products Retail • Efficient branches for faster processing of loans Business • Continuous training of work force • Invest in Brand Building
Strengthen • Cluster based approach in industry hubs SME Base • Sole Banker to SMEs for all banking needs • Dedicated vertical to penetrate SME banking
Improve • Strategy & Road map in place to increase CASA funds CASA • Centralized processes allowing branches to focus on garnering low cost funds
Enhance • Granulize loan portfolio to spread out risk Asset • Cautious approach on large corporate lending Quality • Special recovery cell for monitoring non performing and restructured assets
Improve • Focus on increasing banking services for SME, Retail & NRI share of clients other • Enhance treasury capabilities & increase branch strength Income • Expand PoS & ATM Network
10 …Performance in Line with Strategy
Expand Retail Business Strengthen SME Base Improve CASA (Excl. Gold)
Rs. 25,797 Crs Rs. 10,430 Crs Rs. 13,698 Crs
INCREASE INCREASE INCREASE 19% YoY 19% YoY 13% YoY
Enhance Asset Quality Improve share of other (Restructured Book) Income
Rs. 1,293 Crs Rs. 146 Crs
DECREASE INCREASE 44% YoY 21% YoY
11 Shall continue to focus on Core Strengths
01 Increase … 02 Retail Business … 03 SME Business … CASA More Products Sole Banker
Retail SME Relationships Relationships
06 Sustainable… 05 Increase… 04 Improve Asset Quality Fee Income NIM
12 ...Increase Retail & SME Business
01 02 03
Centralized Retail Hub Marketing & • Home Loan Cluster Processing • Auto Loan Branches Centre (Kochi) • MSME Loan • LAP
Loan Processing Retail Business Branch Profitability
• Enhanced risk management • Penetrate further in the • Focus on particular existing set of Customers geographies and open • KYC compliance and fraud additional branches prevention tools • Faster Sanctions • Improve Branch Profitability
13 …by focus on Housing Loans in Retail
Retail Breakup Housing: Key Initiatives
Rs Crs • Retail hub in Kochi to increase focus on 10,358 10,093 10,002 housing finance 9,382 1,094 9,250 1,049 1,063 • Two more hubs to be set up – one in 1,008 1,057 1,094 973 925 South India and one in North India 858 872 • Branch staff being given specific training to market mortgage loans 2,521 2,410 2,446 1,801 1,998 • Marketing initiative through TVCs • Tailor made products for different 1,559 1,564 1,510 1,535 1,501 segments
1,432 1,655 1,455 1,371 1,417 July to Sept 2016
2,369 2,499 2,614 2,677 2,756 • Housing Loans Sanctioned : 857 Nos.
• Amount of Housing Loans Sanctioned – 199 Crs Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
Others Service & Traders Gold LAD* Manufacturing Housing
*LAD = Loan against deposits 14 …becoming a Banker of Choice to SMEs
Average SME Loan / Account Loan Book by Geography – Q2 FY17
Rs Lakhs Rest of India 24% 15.56 15.76 Kerala 15.28 15.26 15.33 43%
South (Ex- Kerala) 33%
SME Highlights
• Dedicated DGM appointed to ensure focus and better coordination with regions
• Focused ‘Green Channel’ branches to drive faster loan growth to SMEs
• Target to become banker of choice to SMEs thereby getting other business as well – liabilities, vehicle finance, etc. Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 • Ongoing training (in-house as well as external)
15 …with the help of our Branch Network
Total Branch Network
+5.09%
794 822 834 839 688 738
FY12 FY13 FY14 FY15 FY16 H1 FY17
Total ATM Network
+18.47% No of Branch Location* 1,287 1,306 Branches 1,200 1,000 Kerala 454 800 663 South India (Ex-Kerala) 245 Rest of India 140 Total 839 FY12 FY13 FY14 FY15 FY16 H1 FY17
*Map for illustration purpose only 16 … and our Experienced Employees
Employee Addition Total Employees: 6,978*
7,123
75
41 2% 8% 32 3 6,978 24%
36%
30%
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Closing < 1 Year 1-2 Years 2-5 Years 5-10 Years > 10 Years
*Employees include full-time officers and clerks. 17 Performance Matrix
18 Strong Deposit Franchise
Core & Non-Core Deposits
Sept-16 Sept-16 Sept-16 Rs Crs 49,909 10,283 60,192
12% 19% 14%
44,420 8,615 53,035 Sept-15 Sept-15 Sept-15
Core Deposit Non-Core Deposit Total Deposit
CASA Deposits Sept-16 Sept-16 Sept-16 Rs Crs 2,399 11,299 13,697
11% 14% 14%
2,157 9,915 12,072 Sept-15 Sept-15 Sept-15
Current Deposit Savings Deposit Total CASA
19 Core Deposits Growing...
Breakup of Deposits CASA Deposit +13% Rs Crs Rs Crs 60,192 +13% 57,889 55,721 13,697 53,441 12,072 53,036 2,399 2,157
9,915 11,299 36,279 35,230 34,059 32,334 33,204 Sep-15 Sep-16 Current Savings
Term Deposits Rs Crs 11,299 +12% 11,267 9,915 10,177 10,476 36,279 2,399 32,334 2,157 2,130 1,983 2,187 8,630 7,930 9,203 9,205 10,215
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
Term Savings Current Others* Sep-15 Sep-16
*Others includes: Bulk, Certificates of Deposits 20 NRI Deposits Growing…
NRI Deposits CASA Rs Crs In (%) +20% 15,476 15,025 14,303 23.0 23.2 13,566 22.8 22.8 12,904 22.4
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sept-15 Dec-15 Mar-16 Jun-16 Sept-16
21 Composition of Loan Book
Corporate Advances (Above Rs 25 Crs) Segment wise Break Up Rs Crs Rs Crs +2% 6,442 , 17,198 16,857 16,584 16,099 15,998 14.50% 17,198 , 38.71% 10,430 , 23.48%
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Retail Advances
+17% Rs Crs 1,432 , 3.22% 25,686 26,026 27,230 23,358 24,017 8,925 , 20.09%
Corporate Retail Ex Gold Gold SME Agriculture
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 22 Key Focus : Retail, SME & Agriculture
Retail excluding Gold Gold ( Average LTV – 65%) Rs Crs Rs Crs +18% 1,655 8,721 8,585 8,925 Retail Loans (Excl. 7,595 7,927 1,455 1,371 1,417 1,432 Gold), Agriculture & SME has grown by 19%
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
Agriculture SME Rs Crs Rs Crs +20% +19% 6,194 6,442 10,430 ~15% of the 5,549 5,770 9,823 9,830 5,352 8,756 9,086 Agriculture & SME Loans are backed by Additional Security by way of GOLD
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
23 Advances growing across Regions
+10% Rs Crs 44,428 41,785 42,024 40,215 40,601
13,413 12,549 12,715 12,289 12,440
13,923 13,556 13,315 13,187 13,178
17,092 14,739 14,983 15,680 15,994
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
Rest of India South Ex- Kerala Kerala
24 Net Interest Income - Quarter
Net Interest Income Cost of Deposits & Yield on Advances Rs Crs In %
Cost Of Deposit Yeild on Advances 445 388 407 374 374 11.38 11.21 10.89 10.56 10.59
7.53 7.38 7.24 6.98 6.75
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sept-15 Dec-15 Mar-16 Jun-16 Sept-16
Net Interest Margin Cost of Funds & Yield on Funds In % In % Cost of Funds Yield on Funds 2.81 2.92 2.63 2.74 2.75
9.28 9.21 8.78 8.73 8.66 6.71 6.55 6.38 6.30 6.18
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sept-15 Dec-15 Mar-16 Jun-16 Sept-16
25 Net Interest Income - Cumulative
Net Interest Income Cost of Deposits & Yield on Advances Rs Crs In % Cost of Deposits Yield on Advances 1,510 11.43 1,135 11.36 11.18 10.89 10.73 729 819 374 7.69 7.58 7.52 6.98 6.86
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sept-15 Dec-15 Mar -16 Jun -16 Sept -16
Net Interest Margin Cost of Funds & Yield on Funds In % In % Cost of Funds Yield on Funds
2.67 2.76 2.73 2.74 2.75
9.33 9.29 9.18 8.73 8.80 6.89 6.77 6.69 6.30 6.32
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sept-15 Dec-15 Mar -16 Jun -16 Sept-16
26 Improving Operating Efficiency
Employee Additions C/I Ratio In %
58.70 3 56.62 -14 56.60 -32 -41 52.57 51.08 -75 Sept-15 Dec-15 Mar -16 Jun -16 Sept -16 Sept-15 Dec-15 Mar -16 Jun -16 Sept -16
Business per Employee Business per Branch Rs Crs Rs Crs
13.0 13.2 115 117 11.7 11.9 12.0 107 108 108
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
27 Sustainable Other Income
Total Other Income led by …. …Sustainable : Transaction Fees + Technology Rs Crs Rs Crs
173 76 79 74 153 146 67 139 60 121 52 54 48 39 44
21 23 23 25 26
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
Transaction Fees Technology
Profit on Sale of Investments, Forex & Others Investment Book as on Sept-16 Rs Crs Details Rs. Crs M Duration 24 22 5 13 HTM 12,710 5.46 4 14 10 16 15 23 AFS 3,229 4.36 57 42 50 51 30 HFT 9 - Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Total 15,948 5.27 Forex Other Profit on Sale of Investments 28 Break Up of Provisions
Rs Crs Q2-FY 17 Q2-FY 16 Q1-FY17
For NPA & NPI 166.4 89.13 93.09
For Depreciation on Investments -24.8 -3.23 -5.36
For Standard Assets -4.8 16.3 22.18
For Restructured Advances/Sacrifices & FITL -12.1 -37.89 4.05
For Unhedged Forex Exposure 3.8 -2.05 0.31
Others -0.1 5.21 -0.16
Taxes 58.5 52.18 50.31
Total Provisions 186.82 119.65 164.42
29 Non Performing Assets
Gross NPA Net NPA
3.77% 3.96% 3.96% 2.89% 2.89% 2.77%
2.75% 1.80% 2.24% 1.39%
Sept-15 Dec-15 Mar-16 Jun-16 Sept-16 Sept-15 Dec-15 Mar-16 Jun-16 Sept-16
Gross NPA Movement Net NPA Movement
Rs Crs Sep-15 Dec-15 Mar-16 Jun-16 Sept-16 Rs Crs Sep-15 Dec-15 Mar-16 Jun-16 Sept -16
Opening 714 892 1,108 1,562 1,651 Opening 464 550 716 1,185 1,192
Additions 222 367 845 125 226 Additions 89 311 664 105 135
Deductions 44 151 391 36 132 Deductions 4 145 195 98 121
Closing 892 1,108 1,562 1,651 1,745 Closing 550 716 1,185 1,192 1,206
30 Restructured Advances Breakup
Restructured Assets Break-up Sector Standard Restructure – Q2FY17 Rs Crs 2,313 2,236 Government’s 313 306 Uday Scheme UDAY Scheme targeted towards to Benefit power Discoms benefiting SIB
1,392 1,387 1,293 15% 443 442 31% 532 2,000 1,930
Benefits of Uday getting reflected 949 945 761 in Restructured 54% Book
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Power Discoms Construction EPC Restructured NPA Others Restructured Standard Advance
*Other includes IT, Bullion, etc. 31 Restructured Standard Asset Book
Rs Crs
Restructured Standard Advance
Increase in Fresh Uday – SDL Decrease in Slippages to Closing Opening Existing Addition Investments Balance NPA Balance Balance
DISCOMS 169 0 0 -51 -5 0 113
Construction 0 EPC 402 0 9 - 0 411
Others 373 0 17 - 0 -153 273
Total 944 0 26 -51 -5 -153 761
32 Movement in Restructured Accounts
Movement in Restructured Accounts Rs Crs Shift of focus from 0 2 Large Corporate 30 to 0 SMEs
122
Defocusing from Power & Infra Sectors 1,387
1,293
Special Recovery Cell & Opening Fresh Inc. in Upgradation Dec. in Closure Closing Asset Monitoring Cell Additions Balance in Standard Balance incl Category write-off
33 Adequate Provisioning
NPA Provisioning Rs Crs
Provisioning 84.4 Coverage Ratio 516.6 163.6 46.12%
437.3
Advances in the Initial quarters as NPAs : Requiring Less Provisioning Opening Additions Deductions Closing
34 Fresh Slippages/Advance Ratios
Retail Slippage Agriculture Slippage 0.86%
0.55% 0.38% 0.23% 0.34% 0.35% 0.23% 0.12% 0.15% 0.02%
Sept-15 Dec-15 Mar-16 Jun-16 Sept-16 Sept-15 Dec-15 Mar-16 Jun-16 Sept-16
SME Slippage Corporate Slippage 0.61% 0.55% 0.51% 4.42% 0.44%
0.27% 1.80% 0.95% 0.64% 0.00%
Sept-15 Dec-15 Mar-16 Jun-16 Sept-16 Sept-15 Dec-15 Mar-16 Jun-16 Sept-16
35 Well Capitalized to support Growth
BASEL III In %
11.9 11.7 11.8 11.7 11.1 2.3 2.0 1.8 2.3 1.7
9.9 9.6 9.4 9.8 9.5
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
36 Balance Sheet Overview- Q2 FY17
Rs Crs Q2-FY 17 Q2-FY 16 Y-o-Y (%) Q1-FY 17 Q-o-Q (%) Capital & Liabilities 67,054 60,127 11.52% 64,504 3.95% Capital 135 135 0.05% 135 0.02% Reserves and Surplus 4,027 3,613 11.45% 3,916 2.84% Deposits 60,192 53,036 13.49% 57,889 3.98% Borrowings 1,499 2,171 -30.95% 1,395 7.46% Other Liabilities & Provisions 1,201 1,172 2.48% 1,169 2.74% Assets 67,054 60,127 11.52% 64,504 3.95% Cash & Balances with RBI 2,832 2,365 19.75% 2,602 8.87% Balances with Banks 404 667 -39.36% 827 -51.09% Investments 15,777 13,174 19.76% 15,386 2.54% Advances 43,548 39,556 10.09% 41,237 5.60% Fixed Assets 598 481 24.34% 594 0.66% Other Assets 3,894 3,884 0.26% 3,858 0.93% Business (Advances + Deposits) 103,740 92,592 12.04% 99,127 4.65% Current Accounts 2,399 2,157 11.20% 2,187 9.68% Savings Accounts 11,299 9,915 13.96% 11,267 0.29% CASA Ratio 22.76% 22.76% 0bps 23.24% 88 bps 37 Profit & Loss Overview- Q2 FY17
Rs Crs Q2-FY17 Q2-FY16 Y-o-Y (%) Q1-FY17 Q-o-Q (%)
Net Interest Income 445 388 14.74% 374 19.15%
Other Income 146 121 20.58% 173 -15.88%
Total Income 591 509 16.13% 547 8.05%
Operating Expenses 294 297 -1.10% 288 2.14%
Operating Profit 297 213 39.60% 259 14.59%
Provisions (Ex-Tax) & Contingencies 128 67 91.54% 114 12.46%
Profit Before Tax 169 145 16.56% 145 16.26%
Provision for Tax 58 52 12.48% 50 16.26%
Profit After Tax 111 93 18.84% 95 16.26%
38 Key Metrics- Quarterly
FY15 FY16 FY17 Particulars Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Net Interest Margin (NIM) 2.7% 2.9% 2.5% 2.7% 2.5% 2.8% 2.9% 2.6% 2.74% 2.75% CRAR Basel III 12.2% 12.1% 11.4% 12.1% 11.4% 11.9% 11.7% 11.8% 11.68% 11.13% RoAA (Annualized) 0.5% 0.6% 0.6% 0.1% 0.5% 0.6% 0.7% 0.5% 0.6% 0.7% Provision Coverage 62.5% 62.9% 60.4% 61.0% 56.1% 55.3% 50.3% 40.3% 42.55% 46.12% CASA 22.1% 22.1% 21.5% 20.6% 22.3% 22.8% 23.0% 22.4% 23.24% 22.76% Gross NPA 1.5% 1.6% 1.8% 1.7% 1.9% 2.2% 2.8% 3.8% 3.96% 3.96% Net NPA 0.9% 0.9% 1.0% 1.0% 1.2% 1.4% 1.8% 2.9% 2.89% 2.77% Book Value per Share (Rs.) 25.88 26.47 27.10 26.59 27.07 27.76 28.51 28.45 30.00 30.81 Earnings per Share (Rs.) 3.78 3.01 2.87 2.28 1.93 2.34 2.56 2.47 2.82 3.04 (Annualized) Branches - Kerala 439 440 441 444 447 447 447 449 453 454 - South India (Ex-Kerala) 230 232 233 239 242 244 244 245 245 245 - Rest of India 132 133 136 139 139 140 140 140 140 140 Total Branches 801 805 810 822 828 831 831 834 838 839 ATMs - Kerala 565 587 607 651 670 682 688 698 701 713 - South India (Ex-Kerala) 297 313 325 365 378 380 384 387 388 391 - Rest of India 156 163 176 184 196 198 200 202 202 202 Total ATMs 1,018 1,063 1,108 1,200 1,244 1,260 1,272 1,287 1,291 1,306
39 Next Generation Bank
40 Present across Customer Touch Points
Traditional & Alternate Channels
Mobile Banking Mobile Banking
ATMs Branches 1,306 ATMs across India 839 Branches & 45 Extension Counters
Internet Banking Point of Sale
41 Technology Initiatives
SIB Mirror is a mobile-led platform with instant account access, balance retrieval, immediate fund transfers, all account intimations, and much more
SIB-er Net is a suite of comprehensive internet banking services positioning SIB as a technology-driven bank offering superior services to retail customers
Retail branches now interconnected with single-window service and providing real-time online, real-time transactions to customers
SIB offers Visa, MasterCard, and RuPay debit cards with online access to users for secure domestic and international transactions
Centralized Processing Center allows enhanced risk management and customer creation with complete KYC compliance and fraud prevention tools
42 Personal Banking: Technology Banking
Active Internet Users Internet Transaction Volume Internet Transaction Value (000)’s (000)’s Rs Crs 1,254 3,054 2,385 2,515 2,551 162 157 1,887 133 141 134 663 536 591 611
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
Mobile Transaction Volume Mobile Transaction Value (000)’s +109% Rs Crs +235% 913 350 748 670 233 507 437 170 104 124
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
43 Personal Banking: Debit Cards
No of Active Debit Cards Debit Card Transaction Volumes In Millions In Millions 31.4 29.2 28.9 30.4 30.8 3.3 3.4 2.8 3.0 3.2
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
Debit Card Transaction Value Rs Crs +17% 5,777 5,929 5,375 5,047 5,164
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16
44 An Inflection Point
45 Moving Towards Vision 2020…
Appointed Entered Opened International Memorandum Centralized Finance of Understanding Marketing & Corporation with Processing NSIC Centre
. Provides advisory . Facilitates loans to . Houses the Bank’s support to bank on the MSE and promotes Marketing Dept, Retail medium and long term the MSME credit Loan Hub and strategy for significant portfolio of the Bank Transaction Banking growth in retail, Dept agriculture and SME sectors
....to become Retail Banking Power House
46 About Us
47 Milestones
FIRST among the private FIRST bank in the private sector banks in Kerala to sector in India to open a become a scheduled bank in Currency Chest on behalf of 1946 under the RBI Act the RBI in April 1992
FIRST private sector bank to FIRST bank in the private sector open a NRI branch in to start Industrial Finance November 1992 Branch in March 1993
FIRST among the private sector FIRST bank in Kerala to develop an banks in Kerala to open an in-house, a fully integrated branch "Overseas Branch" to cater automation software in addition to exclusively to the export and the in-house partial automation import business in June 1993 solution operational since 1992
The FIRST Kerala based bank to implement Core Banking System
48 Expansion over a Decade
Branch Network ATM Network
~2X ~9x 834 1,287
449 698
440
263 245 387
121 144 140 66 202 40 56 38 FY06 FY16 FY06 FY16
Kerala South Ex-Kerala Others (Rest of India)
49 Performance over a Decade
Net Interest Income Profit After Tax Rs Crs Rs Crs CAGR : 17% CAGR : 21% 1,510 333
310 51
FY06 FY16 FY06 FY16
Business (Advances + Deposits) Gross NPA Rs Crs In % CAGR : 20% 122bps 96,806 4.99 3.77
15,949
FY06 FY16 FY06 FY16
50 Leadership Team
Mr. V. G Mathew , MD & CEO
. Post Graduate in Physics and CAIIB with over 37 years of experience
. Joined SIB in January, 2014 as Executive Vice President and appointed as MD & CEO in October, 2014
. Significant experience in Retail & Corporate Credit, Technology and Risk Management
. Joined SBI as a probationary officer in the Ahmadabad Circle in 1978 and was Chief General Manager before joining SIB
. The major assignments handled by Mr. Mathew in SBI are
. Dy. General Manager (IT Networking Project)
. Dy. General Manager and Branch Head, (Overseas Branch, Bangalore)
. General Manager, (Corporate Accounts Group-Mumbai Branch)
. Chief General Manager (Risk Management)
. Chief General Manager (Corporate Accounts Group)
. He has served on various committees at Corporate Center of SBI such as Wholesale Banking Credit Committee, Investment Committee, Corporate Centre Credit Committee and was a Director on the Board of SBI Macquarie Infrastructure Trustee (P) Limited
51 Leadership Team
Mr. Thomas Joseph K, EVP (Administration)
• Bachelors Degree in Engineering and Diploma in Management & CAIIB • He is associated with SIB since 1984 and heads Departments such as Risk Management, Technology, Marketing, Corporate Financial Management, Human Resource and Inspection & Vigilance • He was Head of Credit handling a portfolio of Rs.40,000 crores and was instrumental in the execution of the Retail Strategy of the Bank which saw significant growth in the MSME & Agriculture Sectors
Mr. G Sivakumar, EVP (Credit)
• Postgraduate in Chemistry and holds Masters Degree in Business Administration & CAIIB • He heads Credit and Legal Departments • He has over 35 Years of Experience in Domestic and International Banking in India and Abroad • Before joining SIB, he was the General Manager and Head of Private Equity Vertical in State Bank of India where he was responsible for Private Equity and Venture Capital Investments made by the Bank • He was also a nominee director on the Board of Directors of four companies and Investment Committee of more than ten Alternative Investment Funds Mr. K N Reghunathan, EVP (Treasury)
• Commerce Graduate & CAIIB • He is responsible for Treasury Operations of the Bank along with International Banking Division • Before joining SIB, he was associated with Union Bank of India and was General Manager of Treasury and International Banking Division. • He was the Bank’s nominee on the Board of FIMMDA and SBI Global Factors and Member of the Advisory Committee of Metropolitan Stock Exchange of India, IDFC Investment Fund, TATA Growth Fund, TATA Innovative Fund, India Advantage Fund I & II
52 Management Team
Mr. John Thomas, General Manager Mr. Benoy Varghese, General Manager (Business Development Department) (Credit Department)
• Bachelors Degree in Science, MBA and CAIIB • Bachelors Degree in Arts & Masters Degree in Business Administration and CAIIB
Mr. Raphael T.J., General Manager Mr. Murali N A., General Manager (Marketing & Information Technology) (Mumbai Regional Office)
• Bachelors Degree in Commerce, Masters in EXIM, • Masters Degree in Commerce and JAIIB Diploma in Financial Management and CAIIB
Mr. Paul V.L., General Manager Mr. Anto George T., General Manager (Administration) (Delhi Regional Office)
• Masters Degree in Arts and Post Graduate Diploma in • Bachelors Degree in Arts & Post Graduate Diploma in Personnel Management & JAIIB Computer Application, Certification in RDBMS & Oracle 8i and JAIIB
Mr. Bobby James , General Manager (Inspection & Vigilance)
• Bachelors Degree in Commerce, C.A. (Inter) and JAIIB 53 Management Team
Mr. C.P. Gireesh, Chief Financial Officer
• Bachelors Degree in Mathematics • Fellow member of the Institute of Chartered Accountants of India and Certified Associate of the Indian Institute of Banking & Finance
Mr. Jacob EA, Chief Compliance Officer Mr. Jimmy Mathew, Company Secretary
• Bachelors Degree in Commerce, Associate Member of • Bachelors Degree in Science & CAIIB - I Institute of Company Secretary of India and Institute of Cost & Management Accountants of India. Also a Certified Associate of the Indian Institute of Banking & Finance
54 Awards & Recognition
SIB wins ‘Social Banking Excellence Award instituted by ASSOCHAM”
SIB wins prize in IDRBT Banking Application SIB wins Master Card Innovation Award Contest
55 For further information, please contact:
Company Investor Relations Advisors
The South Indian Bank Ltd. Strategic Growth Advisors Pvt. Ltd. CIN – L65191KL1929PLC001017 CIN - U74140MH2010PTC204285 Mr. C. P. Gireesh, CFO Ms. Payal Dave / Mr. Shogun Jain [email protected] [email protected] / [email protected] +91 98199 16314 / +91 77383 77756 www.southindianbank.com www.sgapl.net
56