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Mr. Santosh B. Nayar, Chairman and Independent Director

Shri. Santosh B. Nayar has a rich working experience of around 40 years in Project Finance and Banking, including International & Investment Banking and in the Life Insurance industry. He was the Chairman & Managing Director in India Infrastructure Finance Company Limited (IIFCL) for a period of 4 years.

He was a member of the Committee on Revisiting and Revitalizing the PPP Model of Infrastructure Development chaired by Dr. Vijay Kelkar. He was also appointed by the Ministry of Finance as the Chairman of The Working Group for examining the suggestions made by the Association of Power Producers (APP). 

He was appointed as the Managing Director and CEO of IFCI Limited and during his tenure the company transformed from a loss-making entity to a profitable venture. He has also played the role of a Deputy Managing Director and Group Executive in State Bank of India where he headed the Large Corporate Business, Project Finance and Infrastructure Lending Division, Financial Institution Business Group, Transaction Banking Group, Cash Management and Capital Market business for the Bank. He was also a member in the core team, which set up SBI Life Insurance Co Ltd., as a joint venture with a French Insurance Company

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