Mr. M.B.N. Rao- Independent Director
Mr. M.B.N. Rao (63) former Chairman and Managing Director of Canara Bank and Indian Bank, has graduated with a B. Sc degree in Agriculture. He was born on 19th June, 1948. He is an Associate of the Chartered Institute of Bankers, London and Fellow of the Indian Institute of Banking and Finance. He is a member of the Singapore Institute of Management and has done his Diploma in Computer Studies from University of Cambridge and National Computing Center, London.
Mr. M.B.N. Rao has extensive in-depth knowledge and over 38 years of varied experience in Banking and Finance, Economics, Foreign Exchange, Money and Capital Markets, Risk Management, Treasury and Funds Management, Asset and Liability Management, Internal Control, Inspection & Audit, Vigilance, Taxation and Administration etc. Mr. M.B.N. Rao held Chairmanship of various banking organizations and Directorship in reputed companies. During his tenure, he has received a number of awards from Indian Bank and Canara Bank including a number of commendations. He was a Director of General Insurance Corporation of India and Founder Chairman of Canara HSBC Oriental Bank of India Insurance Company. He is a member of Corporate Governance and Audit Committee of The Hongkong and Shangai Banking Corporation Ltd., India. He is also a member of the Board of Governors of National Institute of Securities Markets.
He joined Apollo Munich Health Board in May, 2010. He is the Chairman of Audit Committee. He is on the Board of several reputed Companies.