Mr. Vaddarse Prabhakar Shetty has had an illustrious Banking career spanning almost four decades. He has worked in various positions in 4 major nationalized banks. He has worked as Chairman and Managing Director in UCO Bank, Canara Bank and IDBI Bank. He was also Chairman of Indian Banks’ Association.
Mr. Shetty is an authority in Commercial Banking, Mergers & Acquisitions in Banking, Corporate Governance and Turnaround Management especially in Public Sector.
Mr. Shetty was also the Recipient of "Banker of the Year – 2003" Award from the Business Standard Group in recognition of successful turnaround of UCO Bank.
Mr. Shetty has also served on the Boards of Life Insurance Corporation of India, Export-Import Bank of India, Infrastructure Development Finance Company Ltd., National Insurance Company Ltd., and General Insurance Corporation of India. He was a Member of the Governing Council of Banking Codes & Standards Board of India (BCSBI) and was on Board of LIC Golden Jubilee Foundation.
Mr. Shetty is a Commerce Graduate and Certified Associate of Indian Institute of Bankers (CAIIB). He is the Chairman of the Company. He is also the Chairman of JM Financial Asset Reconstruction Co. Ltd, JM Financial Asset Management Ltd and JM Financial Home Loans Limited. Mr. Shetty is also on the board of JM Financial Credit Solutions Limited and Sunteck Realty Limited.