Board of Directors

Chairperson & Managing Director

Smt. R.S. Isabella,

Chairperson & Managing Director

Smt. R S Isabella, Chairperson &Managing Director of Repco Micro Finance Limited and Managing Director of Repco Bank (a Govt. of India Enterprise), has an outstanding academic record to her credit being a State Rank Holder in Higher Secondary Examinations and also a Gold Medallist in B.Com., besides holding a Masters’ Degree in Bank Management (MBM) and a Masters’ Degree in Business Administration (MBA) from reputed institutions. She is the recipient of Best Student – All Rounder Award in College. She is also a Certified Associate of Indian Institute of Bankers (CAIIB).
She started her career in Karur Vysya Bank as an Officer and has worked in various capacities in almost all key operational segments of Banking and specializing as a Credit Officer. She joined Repco Bank in the year 1999 and has handled important portfolios such as Credit, Information Technology, Accounts and Audit, Pension, Repatriates Rehabilitation and Human Resource Training. She was instrumental in introduction of Loan Origination System – online processing and sanction of credit proposals and establishment of Disaster Recovery Centre for the Bank’s IT Operations and introduction of Redundancy Leased Line for all branches. She is an active member of Credit Committee, Investment Committee, IT Steering Committee, Asset Liability Committee, Settlement Advisory Committee etc., She has a rich experience in banking for nearly 3 decades and instrumental in formulation of policies and implementation of systems and procedures in key functional areas.
She also holds the following positions:
  • • Managing Director - Repco Bank
  • • Director- Repco Home Finance Ltd.,
  • • Chairperson- Repco Foundation for Micro Credit
  • • Managing Trustee - Repatriates Welfare Trust
Under her leadership, both Repco Bank and Repco Micro Finance Ltd received numerous awards:
  • • “Best NPA Management” and “Best Youth Employee Strategy” among Co-operative Banks in the National Cooperative Banking Summit 2016 held at New Delhi by Banking Frontiers. .
  • • “Excellence in Project Finance” for the outstanding work done in project finance during the Annual Construction Industry Awards 2016 function organized by “KattumanaThozhil” at Chennai.
  • • “State Level Awards in SHG – Bank Linkage Programme” for best performance during the FY 2016-17 awarded by NABARD at Chennai.
  • • “Best Customer Acquisition Award ” among Co-operative Banks in the National Cooperative Banking Summit 2017 held at Jaipur by Banking Frontiers.
  • • “Best Performance in Chennai Region ” from the Government of Tamilnadu for higher SHG loans distributed in Chennai District during 2016-17
  • • “State Level Awards in SHG – Bank Linkage Programme” for best performance during the FY 2017-18 awarded by NABARD at Chennai.
  • • SKOCH group at New Delhi has awarded Gold Award and ” Order of Merit” award for 2018 during the 55th SKOCH SUMMIT held at New Delhi.
  • • “State Level Awards in SHG – Bank Linkage Programme” for best performance during the FY 2018-19 felicitated by NABARD at Chennai.
  • • “Best Digital Bank” and “Best Fraud Control Initiative” among Co-operative Societies in the National Cooperative Banking Summit 2020 held in a virtual meet.
  • • “Woman Leader of the Year ” Award among CEOs of Co-operative Societies in the National Cooperative Banking Summit 2020 held in a virtual meet.
  • • Awarded “Best API Initiative ” by Banking Frontiers for the year 2020-21 in the National Cooperative Banking Summit 2021.
  • • Awarded “Best Audit Initiative ” among Co-operative Banks in the National Cooperative Banking Summit 2021 for the year 2020-21 by Banking Frontiers .
  • • Awarded “Excellence in Women Empowerment ” in the Annual Construction Industry Awards 2022 by“KattumanaThozhil “at Chennai .
  • • Awarded under 3 categories viz.,“Best HR Innovation ”,”Best Investment Initiative ” and ”Best Collections Initiative” among Co-operative Banks in the National Cooperative Banking Summit 2022 for the year 2021-22 by Banking Frontiers .

Directors

Shri. S. Nagoor Ali Jinnah

Independent Director

Dr.S.Nagoor Ali Jinnah, an agricultural graduate from Tamil Nadu Agricultural University, post graduated in Management from IIM, Ahmedabad, earned a Certificate in Training & Development from Centre for Rural Development & Training, University of Wolverhampton, UK, and is a CAIIB. He has been awarded a Ph. D from TNAU.
He has vast experience of over 36 years in NABARD and headed Karnataka, Tamil Nadu ROs and also the Rural Infrastructure Development Funding departments of NABARD and retired as the Chief General Manager of NABARD. Dr. Jinnah was involved in the Microfinance movement and played a key role in nurturing SHG-Bank and JLG movement in Kerala, Odisha, Tamil Nadu and Karnataka and represented NABARD in the Preparatory Microcredit Summit organized by Consultative Group to Assist the Poor CGAP, World Bank in Washington in 1996.
Dr. Jinnah was a nominee director of Govt. of India on the Board of Anantapur Grameen Bank, and was also on the Boards of KSCB, TNSCB banks, NABKISAN, NABSAMRUDDHI, NABFINS, the subsidiaries of NABARD, and the private sector commercial Bank , the CSB Bank Ltd.
After his retirement in NABARD, Dr Jinnah served as the Financial Consultant, Finance Department, Govt. of Tamil Nadu in Secretariat.
Having had exposure in various states of the country, his main areas of interest embrace all 4 Es for sustainable development: Environment: natural resource management based sustainable farm livelihood, Empowering agriculture: funding for ‘in’ and ‘for” agriculture, Equity: ensuring equity through microfinance and community institutions such as SHGs and Employment: creating sustainable farm and nonfarm sector employment for the local youth.

Shri. C. Thangaraju

Director

Shri. C. Thangaraju is a practicing advocate and having nearly 3 decades of experience in advisory support, legal guidance, settlement of civil disputes, assisting in criminal matters. He was the Panel Advocate for United India Insurance Company Limited, The New India Assurance Co. Ltd and Bank of Maharashtra between 2001 to 2010.
Earlier, he was associated with Repco Bank and Repco Home Finance limited for nearly five years as Director in their Board during 2009 to 2014.
At present, he is one among the elected director(s) by repatriates in Repco Bank (the promoter), Chairman of Repco Home Finance Limited and Non-executiveDirector in Repco Micro Finance Ltd.

Shri. V. Dasaraty

Independent Director

Shri. V. Dasaraty is a Chartered Accountant by profession and is having more than 30 years of rich experience in the field of accounting and taxation. Presently he is senior partner of M/s. Venkatesh & Co, a Chartered Accountant Firm since 1986. He has in-depth knowledge in International Tax, Transfer Pricing, Indian Income Tax and Regulatory matters specializing across industrial sectors.
He has expertise knowledge in devising strategy, corporate restructuring, acquisition and outbound structuring, financial structuring, divestment advisory, inbound advisory, tax due diligence, promoter stake enhancement.

Shri. Ramachandran Balachandran

Independent Director

Shri R. Balachandran is a practicing Chartered Accountant with a standing of 35 years multidisciplinary experience in the areas of Direct and Indirect Taxation, Company Law, Insolvency Resolution, Audit and Assurance, Arbitration, Due Diligence for Merger and Amalgamation, consultancy services pertaining to establishment and operations of business entities.
He is graduated in law from the Madras Law College and an associate member of the Institute of the Company Secretaries of India. His doctoral thesis is on “Management Sciences”. He is a qualified Insolvency Professional registered with the Insolvency and Bankruptcy Board of India. He is an empanelled member of various Arbitration Institutions in India.

Shri. S.T. Kannan

Independent Director

Shri. S. T. Kannan, Ex-GMReserve Bank of India having 34 years of service in various capacities in the areas of policy making, implementation of the Basel III guidelines, RBI Nominee Director on the Board of two banks which had corporate governance issues. Tamilnad Mercantile Bank Ltd. (TMBL) from 2004 to 2010 and Dhanalakshmi Bank Ltd. (DBL) (from 2016 to 2020).
Before he was posted to the Reserve Bank Staff College (RBSC) the premium training institution for Managers to Chief General Managers, he was primarily engaged in the areas of supervision and regulation of commercial banks and cooperative banks for about twenty-three years. For a period of 5 years under his stewardship, he has convened seminars on various subjects comprising Regulatory Capital, Liquidity Risk, D-SIBs and G-SIBs, and the recent developments. Besides, he has handled subjects on regulation &supervision and primarily on Basel II and Basel III.
He was instrumental in drafting the policy guidelines on compensation packages for CEOs and whole time Directors, dealing with the appointment of chairman of private sector and foreign banks and also policy related issues on corporate governance.

Shri. R Suresh

Independent Director

Shri. R Suresh, is a Cost Accountant, M.com and CAIIB holder having nearly 4 decades of experience in Indian Overseas Bank and retired as a General Manager & Chief Risk Officer.
He is having diversified experience in various areas of Banking including Credit, Risk Management, Internal audit and had extensive tenure at the field level as Branch Head, Regional Head driving and controlling business of branches under the control of the Region and Zonal Head with responsibility for business growth and control spanning Regions under Zone’s control.
During his term he has handled significant assignments such as Chief Regional Manager of Bank’s Delhi region with business of more than 15,000 crores and more than 65 branches, Nominee Director of the Bank on Board of PSB Alliance P Ltd (Formerly Cordex India P Ltd) ,Zonal Audit office at Hyderabad with control over Eight Regions with branch network of about 480.

Shri. K. Swaminathan

Nominee Director

Shri. K. Swaminathan is having 35 years of experience in the field of banking. He is a former Executive Director of a Nationalised Bank. He has worked at various branches and offices across India in different capacities gaining experience and knowledge in all domain of Banking. He also had a four year stint in Hong Kong. Before his elevation as Executive Director, he was heading Mumbai Zone, comprising of 7 western Regions.
As Executive Director he was in charge of Corporate Credit, Recovery, HR, Accounts, Risk, IT, Digital Banking, General Administration Public Relation and Customer Service. He was behind the turnaround efforts of the bank during a turbulent banking scenario.
Shri. K. Swaminathan holds a Bachelor's Degree in Commerce. He is a member of The Institute of Cost Accountants of India and Institute of Chartered Financial Analyst (ICFAI). He is also a certified associate of the Indian Institute of Bankers (CAIIB).
Currently, he is the Managing Director & CEO of Repco Home Finance Limited and Nominee Director in Repco Micro Finance Ltd.

Shri. S.Rathinasundaram

Director

Shri. S Rathinasundaram by profession is an agriculturist and also a social worker. Previously he was the President of Vilar Village, Thanjavur District from 2011 to 2016. Presently he is one of the repatriate directors in Repco Bank...
As a social worker cum agriculturist, he supports the underprivileged by imparting awareness training, and entrepreneurship skills, employment support and serves the underserved section of the society.

Shri. A. G.Venkatachalam

Whole Time Director

Shri. A.G. Venkatachalam, General Manager of Repco Bank, started his career with Repco Bank in the year 1991. He has 3 decades of rich experience in banking under various capacities. By qualification, he holds Bachelor Degree in science and law and also a Master’s degree in Arts. He has completed Diploma in AML, KYC and Micro Finance and also holds professional Degree of CAIIB besides MBA. He has good knowledge in Banking and has worked in different branches and headed several branches at Repco Bank, prior to joining Repco Micro Finance he was heading the Credit Division at Repco Bank...
He has previously served on the Board of Repco Micro Finance for almost 5 years between 2012 and 2017 and under his management, Company had progressed well and micro finance business had grown remarkably. He is also on the ‘Board of Repco Foundation for Micro Credit’.