M. Balachandran
Encyclopedia
M. Balachandran who served as the Chairman & Managing Director (CMD) of Bank of India
(BoI) during the period 2005-2008, is a prominent banker of India
. Before his appointment as the CMD of BoI, he was the Executive Director of the same bank. He is a post-graduate in science, and commenced his banking career in June 1970 as a probationary officer in Bank of Baroda
, and has worked in different capacities, including as the Senior Manager (Agriculture), Chief Manager (Agriculture), Regional Manager, Deputy General Manager (Priority Sector) before he was elevated to the level of General Manager and Zonal Manager of Bank of Baroda, Chennai Zone, Chennai
. Thereafter, he was moved to Bank of Baroda, New York
(USA) as the Chief Executive. He was appointed as the Executive Director of Bank of India by the Government of India. Since 9 June 2005, he is serving as the CMD of BoI.
He has since retired from Bank of India as its Chairman and Managing Director. Further, he is a Post Graduate in Agriculture Science from Tamil Nadu Agriculture University, Coimbatore, South India.
he was the first chief of GRAM VIKAS KENDRA at bank of baroda pollachi
He was a motivating force for all the Directly appointed officers in Bank of Bank of Baroda during his tenure in South Zone.Excellent communication skills and convincing personality.
Modification as on 27th March 2011.
M.Balachandran is not CEO of Star Health Insurance. He is the Chairman of Mumbai Headquartered Star Union Dai-ichi Insurance Company, a joint venture of Bank of India, Union Bank of India and Japan's leading Insurance Company - The Dai-ichi Life Insurance Company Ltd. He is also a Director of Institute of Banking Personnel Selection, Mumbai.
M.Balachandran is also associated with several committees of RBI, IBA, NABARD and Govt. of India, notable of which are -
High Power Expert Committee of Govt. of India for making "Mumbai as an International Financial Centre."
Working Group on Agriculture - XI Five Year Plan, (GOI)
RBI Committee on Lead Bank Scheme
He is also Director of National Payment Corporation of India Ltd., and Small Industrial Development Bank of India [SIDBI].
He is seasoned banker and a fine speaker.
Bank of India
Bank of India is a state-owned commercial bank with headquarters in Mumbai. Government-owned since nationalization in 1969, It is India's 4th largest bank, after State Bank of India, Punjab National Bank and Bank of Baroda. It has 3415 branches, including 29 branches outside India...
(BoI) during the period 2005-2008, is a prominent banker of India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. Before his appointment as the CMD of BoI, he was the Executive Director of the same bank. He is a post-graduate in science, and commenced his banking career in June 1970 as a probationary officer in Bank of Baroda
Bank of Baroda
Bank of Baroda is the third largest bank in India, after the State Bank of India and the Punjab National Bank and ahead of ICICI Bank. BoB is ranked 763 in Forbes Global 2000 list. BoB has total assets in excess of Rs. 3.58 lakh crores, or Rs. 3,583 billion, a network of over 3,409 branches and...
, and has worked in different capacities, including as the Senior Manager (Agriculture), Chief Manager (Agriculture), Regional Manager, Deputy General Manager (Priority Sector) before he was elevated to the level of General Manager and Zonal Manager of Bank of Baroda, Chennai Zone, Chennai
Chennai
Chennai , formerly known as Madras or Madarasapatinam , is the capital city of the Indian state of Tamil Nadu, located on the Coromandel Coast off the Bay of Bengal. Chennai is the fourth most populous metropolitan area and the sixth most populous city in India...
. Thereafter, he was moved to Bank of Baroda, New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
(USA) as the Chief Executive. He was appointed as the Executive Director of Bank of India by the Government of India. Since 9 June 2005, he is serving as the CMD of BoI.
He has since retired from Bank of India as its Chairman and Managing Director. Further, he is a Post Graduate in Agriculture Science from Tamil Nadu Agriculture University, Coimbatore, South India.
Contributions
at present mr balachandran is serving as ceo of star health insurancehe was the first chief of GRAM VIKAS KENDRA at bank of baroda pollachi
He was a motivating force for all the Directly appointed officers in Bank of Bank of Baroda during his tenure in South Zone.Excellent communication skills and convincing personality.
Modification as on 27th March 2011.
M.Balachandran is not CEO of Star Health Insurance. He is the Chairman of Mumbai Headquartered Star Union Dai-ichi Insurance Company, a joint venture of Bank of India, Union Bank of India and Japan's leading Insurance Company - The Dai-ichi Life Insurance Company Ltd. He is also a Director of Institute of Banking Personnel Selection, Mumbai.
M.Balachandran is also associated with several committees of RBI, IBA, NABARD and Govt. of India, notable of which are -
High Power Expert Committee of Govt. of India for making "Mumbai as an International Financial Centre."
Working Group on Agriculture - XI Five Year Plan, (GOI)
RBI Committee on Lead Bank Scheme
He is also Director of National Payment Corporation of India Ltd., and Small Industrial Development Bank of India [SIDBI].
He is seasoned banker and a fine speaker.