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Shri Nidhu Saxena
Managing Director & Chief Executive Officer
Shri Nidhu Saxena
Shri Nidhu Saxena has completed B Com, MBA (Marketing) and CAIIB.
Started banking career at Bank of Baroda and having over 28 years of experience working with Large and Mid-size Public Sector Banks.
As an Executive Director at Union Bank of India he was looking after Treasury, International Banking, Human Resource, Stressed Assets, Retail Assets & Liabilities, MSME, CISO, Wealth Management & Audit verticals.
He has been on the Board of Union Bank of India (UK) Ltd, Union Asset Management Co. Ltd & UBI Services Ltd. He has also been a member of Academic Council of National Institute of Bank Management, Pune & Governing Body of Indian Institute of Bank Management, Guwahati.
He has also been identified as a ‘Subject Expert’ for assisting Union Public Service Commission, New Delhi.
Shri. Rohit Rishi
Executive Director
Shri. Rohit Rishi
Shri Rohit Rishi is a B. Tech (Textiles), MBA (Finance), CAIIB. He has also completed Certificate Programme in IT and Cyber Security.
He started his banking career as Industrial Development Officer on 05.07.1995 and has over 28 years of experience working in diversified areas of banking. During his tenure, he worked in all key banking functions in various capacities mainly in Credit Management throughout his career such as Industrial Development Office, AGM MSME/ Corporate Office, Indian Bank, Chennai, Head of Bank's flagship branch in New Delhi; DGM (Corporate Branch, New Delhi), FGM at Bengaluru, Mumbai and Delhi. As General Manager he took active part in amalgamation of Allahabad Bank into Indian Bank.
His key achievements include: Mobilization and monitoring of Corporate Credit with average branch business to the tune of. Rs. 11000 Crore Overall business development, monitoring and branch administration of the largest Branch of the Bank, with total business of around Rs. 25,000 crore. Policy formation for growth and monitoring of MSME & Mid Corporate sector, Product development, setting up of MSME & Mid Corporate Vertical, achievement of RBI/ GOI target in MSME Sector. Turnaround of Mid Corporate Vertical Spearheading RAM and CASA growth along with NPA Recovery in FGM spans.
As a vivid learner, he has attended various training programmes and workshops at Frankfurt School of Finance & Management, NIBM Pune, IIM Bengaluru (conducted by FSIB), EDI, Ahmedabad.
Shri Rohit Rishi joined Bank of Maharashtra as Executive Director on 1st November 2023.
Shri. Prabhat Kiran
Executive Director
Shri. Prabhat Kiran
Shri Prabhat Kiran is a seasoned banker with 30 years of experience. He started his banking career in the year 1996 with Canara Bank and have broad experience in all aspects of SME – Corporate lending, Risk Management and International operation.
Prior to joining Bank of Maharashtra, he was working as Chief General Manager in Canara Bank and headed Large Corporate Wing.
He is a certified Credit Professional and holds Composite Insurance Certification & Certificate in MSME.
Shri Prabhat Kiran joined Bank of Maharashtra as an executive Director on 24.11.2025.
Dr Abhijit Phukon
Government Nominee Director
Dr Abhijit Phukon
Dr. Abhijit Phukon is an officer of Indian Economic Service (IES 2004 batch), presently serving as Economic Adviser and Chief Information Security Officer (CISO) in the Department of Financial Services (DFS), Ministry of Finance, Government of India. He is also Government Nominee Director in the Board of India Exim Bank.
Academically, he holds PhD in Finance, Master in Economics, and Post Graduate Diploma in HRD & Marketing. He published a number of research papers on various issues related to economics, management and finance in internationally reputed Journals.
Professionally, he brings in over twenty years academic, research and cross-cutting governance experience in public policy. He brings in domain knowledge and expertise in sustainable finance, CSR/SDGs/ESG, corporate governance, regulatory and compliance, energy & power sector, infrastructure & Public Private Partnership (PPP), international trade etc.
Prior to DFS, he served Department of Commerce, Department of Economic Affairs, Ministry of Power, Ministry of Corporate Affairs at various capacities including as Secretary, National Financial Reporting Authority (NFRA). While being in service in the Government, he instituted large scale reforms and policy frameworks in the economic and social sectors.
Shri Sanjeev Prakash
RBI Nominee Director
Shri Sanjeev Prakash
Shri Sanjeev Prakash joined Reserve Bank of India in 1998. He holds a Bachelor’s degree in Engineering and Certified Associate of Indian Institute of Bankers(CAIIB) & Financial Risk Manager(FRM) qualifications.
Over the past 25 years in Reserve Bank, Shri Prakash has worked at various Regional Offices and the Bank’s Central Office in Mumbai. His main areas of work in the Bank include supervision of banks, non-banks & financial conglomerates; Human Resources Management; Information Technology & Project implementation. Shri Prakash has also served as Executive Assistant to Deputy Governors.
He was briefly deputed to the Financial Stability Institute at the Bank for International Settlements (BIS), Basel, Switzerland where he worked on identification of Global Systemically Important Banks.
At present, Shri Prakash is working as Chief General Manager in the Department of Currency Management at Bank’s Central Office in Mumbai. As part of policy making initiatives for efficient currency management operations, he is mainly responsible for facilitating exchange of currency and distribution of coins, disposal of soiled notes, smooth operations of currency chests and forged note vigilance.
He also serves as an Additional Director on the Board of Bharatiya Reserve Bank Note Mudran Private Limited.
Shri Praveen Kumar
Shareholder Director
Shri Praveen Kumar
Shri Praveen Kumar has more than 36 years of experience in various areas such as Insurance & Banking, Marketing, Risk Management, Administration and Human Resources etc., Shri Praveen Kumar has worked in various capacities in the Branches/ Offices of Life Insurance Corporation of India, LIC Housing Finance Ltd and LIC Cards Services Ltd.
Previously, he was holding the position of Chief Executive and Director of LIC Cards Services Limited.
Shri Praveen Kumar was appointed as Shareholder Director on the Board of the Bank w.e.f. 30.06.2024.
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