Board of Directors

P N Prasad

P N Prasad
Independent Director
- Axis Bank

P. N. Prasad, aged 62 years, is a professional banker with more than 37 years of experience. He had joined State Bank of India (SBI) on December 9 th, 1983 as Probationary Officer and retired as the Deputy Managing Director of SBI on May 31 st, 2020. At the time of superannuation, he was heading the Commercial Clients Group, the Corporate Banking Vertical of State Bank of India. He was also heading the Project Finance & Structuring SBU of the Bank, the only such SBU focused on project and infrastructure finance among all the banks in India. 

At SBI, he has handled leadership roles for more than 25 years in multiple fields of banking with specialization in corporate banking, project finance & structuring, infrastructure lending, debt syndication, small scale industries, agriculture and rural economy, human resource development, international banking, trade finance operations, treasury management, risk management, audit, compliances, stressed asset management and resolution.

Post his retirement from SBI, P. N. Prasad was a shareholder Director with Bank of India from October 25th, 2020 to October 12th, 2022. He was a Member of the committee constituted by Reserve Bank of India on functioning of Asset Reconstruction Companies and review of regulatory guidelines. P N Prasad was also the Chairman of the Co-ordination Committee appointed by the Ministry of Commerce, Govt. of India, to address the issues faced by the Gems & Jewellery Sector in India.

He holds a master’s degree in science and is a Certified Associate of Indian Institute of Bankers.