Padmaja Chunduru assumed charge as the MD and CEO of the National Securities Depositories Limited (NSDL) on September 22. The appointment was ratified by the shareholders of NSDL at its meeting held on September 29.
Padmaja Chunduru is a postgraduate in commerce from Andhra University. She has around 37 years of experience in the banking domain. She served as the MD and CEO of the Indian Bank from September 2018 to August 2021. She worked with the State Bank of India as Deputy Managing Director (digital banking). Prior to that, she was the Country Head of US operations, SBI, from 2014 -2017 in New York.
She also held the position as a director at the Life Insurance Corporation of India. She was the non-executive chairperson of Universal Sompo General Insurance Company Limited. She was on the boards of various institutions, including the Indian Banks’ Association, National Institute of Bank Management, Pune, Insurance Regulatory and Development Authority of India, Institute of Banking Personnel Selection, and the Indian Institute of Banking Management, Guwahati.
Padmaja Chunduru has extensive experience in stakeholder management, digital transformation, regulatory affairs, international experience and driving innovation with a focus on delivering growth and enhancing value.