Bank of India
Ms. Veni Thapar, aged 50 years, is a Chartered Accountant and Cost Accountant. She has Diploma in Information Systems Audit from ICAI and Certification in Information Systems Audit from ISACA (USA). She is a Senior Partner with M/s V K Thapar and Company, Chartered Accountants.
Presently, she is on the Board of Governors of Indian Institute of Corporate Affairs.
She was elected as Shareholder Director of the Bank for a term of 3 years.
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Bank of India
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Bank of India is an India-based bank. The Bank's segments include Treasury Operations, Wholesale Banking and Retail Banking. The Treasury operations segment includes the entire investment portfolio, which is dealing in government and other securities, money market operations and foreign exchange operations. Its Wholesale Banking segment includes all advances, which are not included under Retail Banking. Its Retail Banking segment includes exposures, which fulfill criteria, including exposure (the maximum aggregate exposure of approximately five crore rupees), and the total annual turnover is over 50 crore rupees, which means the average turnover of the last three years in case of existing entities and projected turnover in case of new entities. It operates through a branch network of approximately 5, 020 domestic branches and over 60 overseas branches. Its subsidiaries include BOI AXA Investment Managers Pvt. Ltd., BOI AXA Trustee Services Pvt. Ltd and Bank of India (Tanzania) Ltd.