Board Of Directors

Nobuyuki Kawabata

Nobuyuki Kawabata

Chairman of the Board of Directors

Mr. Nobuyuki Kawabata is the Chairman of the Board of Directors of Fullerton India. Currently, he is the Managing Executive Officer and Deputy Head of the International Banking Unit of Sumitomo Mitsui Banking Corporation (SMBC) from April 1, 2019. He had been CEO of the Americas Division and Managing Executive Officer of SMBC since April 1, 2016, and was appointed Managing Executive Officer of Sumitomo Mitsui Financial Group (SMFG) on April 1, 2017.

Mr. Kawabata has more than 35 years of banking experience in different areas and roles. He has been instrumental in tripling revenue and expanding new business of Americas division, introducing Hedge Fund/ PE Fund in Tokyo, establishing of Sumitomo Mitsui Financial Group (SMFG), a holding company of which SMBC is a wholly-owned subsidiary, multiple other merging and acquisitions.

Mr. Kawabata holds a B.A. degree in Tokyo University of Foreign Studies.

Colathur Narayanan Ram

Colathur Narayanan Ram

Independent Director

Balachander Rajaram

Balachander Rajaram

Independent Director

Diwakar Gupta

Diwakar Gupta

Independent Director

Rajeev Kannan

Rajeev Kannan

Non-Executive Director

Anindo Mukherjee

Anindo Mukherjee

Non Executive Director

Shantanu Mitra

Shantanu Mitra

CEO & Managing Director

Yeo Hong Ping

Yeo Hong Ping

Non-Executive Director

Seema Bahuguna

Seema Bahuguna

Independent Director

Mr. C N Ram is an Independent Director on the Board of Fullerton India. As the MD & CEO FYDNA Tech Corp Pvt. Ltd. since Feb, 2021, he oversees the development of a modern cloud-native core digital banking platform. He has over 4 decades of experience predominantly in Banks, manufacturing, business process outsourcing and consulting with considerable exposure to strategic planning, data analytics, information security, technology operations, business transformation and ERP implementation. He is also associated with Warburg Pincus India Pvt Ltd since July 2015 as an Advisor, and has worked closely with the RBI on various projects that have had significant impact on the Banking industry. 

Mr. C N Ram has also worked on the Customer Advisory Boards of leading Global firms like Sun Microsystems, NCR, HP and VISA International. He was the Group President & CIO of the Essar group between 2010-13, where he was responsible for mentoring the individual Business CIOs, aligning business and IT, streamlining IT governance, and improving information security. In 2008, Mr. Ram along with 5 others set up a social venture called Rural Shores Business Services that creates job opportunities for educated youth in rural India. He was the 3rd employee at HDFC Bank (14 years) and the first tech employee at Bank of America, India (12 years). HDFC Bank was recognised as one of the most tech-savvy institutions in the country and pioneered many innovative tech-enabled solutions for businesses. 

Mr. Ram holds a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad and a B. Tech degree from the Indian Institute of Technology Madras in Chennai. He has won 3 lifetime achievement awards from leading publications for his stellar work as CIO in multiple companies. 

Mr. Balachander Rajaram is an Independent Director on the Board of Fullerton India. He has over 30 years of rich, global experience working with large corporates and has served as a trusted advisor to senior management, CEOs, and Board/ Audit Committee of companies. He brings in-depth expertise in Corporate Laws & Governance, Taxation, Accounting & Audits, Financial Management & Reporting, Digital Transformation Strategy, Business Process Improvement, and Restructuring & IBC.

Prior to his current appointment, Mr. Balachander had been the National Leader for Accounting, Reporting & Compliance at Ernst & Young, until 2019. He was also EY India’s IPO leader and played a key role in the Strategic Growth Markets (SGM) initiative of the firm. Prior to his association with EY, Mr. Balachander Rajaram was a Partner at Thakur, Vaidyanath Aiyar & Co. (TVA). He was a Management Committee member of the PHD Chamber of Commerce & Industry, and has been associated with expert committees at ASSOCHAM and CII.

He is a Commerce Graduate from Delhi University, a Fellow Chartered Accountant, a member of The Indian Institute of Insolvency Professionals of ICAI and has done a Post-graduate Programme in International Management from IMI India.

Mr. Diwakar Gupta is an Independent Director on the Board of Fullerton India. Mr. Gupta has close to four decades of experience in the financial services industry across public sector and development banking. He was the Vice President for Private Sector and Co-financing at the Asian Development Bank (ADB) from 2015 to 2020. At ADB, Mr. Gupta oversaw ADB’s assistance to private sector projects and was responsible for building and maintaining ADB’s public-private partnership operations. Prior to ADB, he was the MD & CFO of the State Bank of India (SBI). He was responsible for setting strategies and direction alongside other members of the State Bank’s Central Management Committee. He had joined the Bank in 1974 and held several leadership positions at its various units and subsidiaries over the years. Some of the positions he held in the bank include Deputy Managing Director (National and Rural Banking), CEO - SBI Card & Payment Services among others.

Mr. Gupta has also worked in an advisory capacity with India Value Fund Advisors (IVFA) and Aditya Birla Financial Services Pvt. Ltd. and as an Independent Director on the boards of leading business councils, financial services companies and other private organizations in India.

He holds a Master’s degree in Physics from St. Stephens College (Delhi) and is a Certified Associate of Indian Institute of Bankers (CAIIB).

Mr. Rajeev Kannan is a Non-Executive Director on the Board of Fullerton India. He is the Managing Executive Officer and Deputy Head of Asia Pacific Division of Sumitomo Mitsui Banking Corporation (SMBC) and is responsible for all corporate and institutional banking activities in Asia Pacific. Prior to this role, Mr. Kannan was Head of Investment Banking for Asia based out of Singapore and previously been responsible Structured Finance based out of Tokyo.

Mr. Kannan has over 27 years of investment banking, emerging market investing, corporate coverage and energy & infrastructure sector experience globally. He is also a member of Board of Director of Clifford Capital Pte Ltd, Pierfront Capital Pte Ltd and ARA Asset Management Limited.

Mr. Kannan holds a master’s degree in management and engineering from Birla Institute of Technology & Science (BITS), Pilani. Mr. Kannan was awarded IBF Distinguished Fellow in 2019 by The Institute of Banking & Finance, Singapore.

Mr. Anindo Mukherjee is a Non-Executive Director on the Board of Fullerton India. Currently, he is the Chief Operating Officer at Fullerton Financial Holdings Pte Ltd. (FFH), Singapore. Mr. Mukherjee oversees the company’s operational activities and works closely with the investee companies to implement their business plans, manage risk and governance, and develop operational capabilities.

Mr. Mukherjee has more than 25 years of banking experience. Prior to joining FFH, he was responsible for the Risk Management, Legal and Compliance functions in Fullerton India. His vast experience includes working with Standard Chartered Bank, where he was the Regional Credit Officer for the Consumer Business in India & South Asia and having exposure across a variety of other international and private banks, including Bank of America, ABN AMRO Bank and HDFC Bank.

He is a Chartered Accountant from the Institute of Chartered Accountants of India and Cost & Management Accountant from Institute of Cost and Works Accountants of India.

Mr. Shantanu Mitra is the Chief Executive Officer & Managing Director of Fullerton India. He is responsible for the overall corporate strategy of the company and its subsidiaries, covering Risk, Operations, Technology, Analytics and Digital Initiatives.

Shantanu has over 40 years of experience in financial services, with over 20 years at Standard Chartered Bank and Citibank where he had stints in India, Singapore and Thailand. His last role in Standard Chartered Bank was Senior Regional Risk Officer, India, Middle East & Africa, based in Mumbai. His previous experience with Fullerton India included a stint from 2010 to 2017, initially as Head of Consumer Risk for the parent company Fullerton Financial Holdings, Singapore and subsequently a very successful tenure as CEO & MD with Fullerton India.

He has extensive experience in Risk Management, spanning many geographies in Emerging Markets including Asia, Africa and the Middle East. Mr. Mitra holds a BSc in Statistics from the University of Calcutta, India and is a Member, Institute of Chartered Accountants, England & Wales. Since his previous retirement from FICC, Shantanu has served in various Board and Advisory capacities including, Non-Executive Director at DBS Bank, India; and Operating Partner with Global PE firm, Advent International including as Advisor in their portfolio companies.

Mr. Yeo Hong Ping is a Non-Executive Director on the Board of Fullerton India. As the Chief Executive Officer of Fullerton Financial Holdings Pte Ltd. (FFH), Mr. Yeo oversees the building of FFH’s franchise and the development of FFH’s vision and strategies with the goal of increasing stakeholder value on a sustainable basis. As Chief Executive Officer, Mr. Yeo has overall responsibility of FFH and its investee companies.

Before joining FFH, he was the Managing Director of J.P. Morgan and was responsible for its overall investment banking business in Singapore. He also served as a member of the Senior Management Committee of J.P. Morgan Singapore and member of Board of J.P. Morgan (SEA). He previously held other senior appointments including Head of Real Estate Investment Banking and Head of Corporate Finance in Southeast Asia.

Ms. Seema Bahuguna belongs to the 1983 batch of the Indian Administrative Service. She has 36 years of experience working in senior decision making levels in the Govt. of India and the State Govt. of Rajasthan, where she was involved in the formulation and implementation of policies, strategies and programmes. She has more than 14 years of experience working in the fields of Industry, Foreign Trade, Finance and Public Sector. As Director of Industries and MD of the Bureau of Industrial Promotion in Rajasthan, she was instrumental in formulating the Industrial Policy of the State Govt. as well as in creating customized packages to attract investors into the state. As Additional Director General Foreign Trade in the Ministry of Commerce, Govt. of India; she was associated with the launch of the first Foreign Trade Policy of Govt. of India in 2004. This marked a paradigm shift from a control based regulatory Import/Export regime to one of Trade Promotion and Facilitation.

As Secretary - Department of Public Enterprises (DPE) for about 3 years, she played a crucial role in the formulation of common financial and HR policies for around 260+ operating central Public Sector Enterprises across a wide spectrum ranging from Petroleum, Coal, Power, Railways, Mines to Defence Production. A number of novel initiatives were taken during this time to improve the efficiency and competitiveness of these companies so as to enable them to face the challenges of a modern global environment. Their annual performance appraisal systems were made more result oriented and dynamic by introducing profitability and efficiency standards. Measures were also taken to enhance the skills of Board level and below Board level employees through different capacity-building initiatives. These systemic improvements enabled DPE as the nodal department for public sector companies, to truly become an enabler in improving their performance. As a member of the Bank Boards Bureau, she was involved in the selection of the top management of Public Sector Banks and Insurance Companies like LIC. This experience gave her a unique insight into the working of this crucial sector of the economy.

Ms. Seema Bahuguna has done an MA in History from Delhi University and an MSc in Development Studies from the University of Bath, UK. She has also undergone specialized trainings in the fields of Sustainable Development, WTO issues, and courses on Ethics and Governance at the University of California, Berkeley and Leadership and Strategic Thinking at the University of Cambridge.