Mr. S.S. Mundra retired as Deputy Governor of Reserve Bank of India on 30th July 2017 after completing a stint of three years. Prior to that, the last position held by him was as Chairman and Managing Director of Bank of Baroda from where he superannuated in July 2014. In his banking career spanning over four decades, Mr. Mundra held several important positions including that of Executive Director of Union Bank of India, Chief Executive of Bank of Baroda (European Operations) amongst others. He also served as RBI’s nominee on the Financial Stability Board (G20 Forum) and its various committees. Mr. Mundra was also the Vice-chair of OECD’s International Network on Financial Education (INFE).
Amity University has conferred the Degree of Doctor of Philosophy (D.Phil.), Honoris Causa, upon Mr. Mundra, in recognition of his services in the field of banking and related areas.
He is now on the Board of BSE Ltd., DSP Investment Managers Pvt. Ltd., Indiabulls Housing Finance Limited, Airtel Payments Bank Limited, Acuite Ratings & Research Ltd., and Ayana Renewable Power Private Limited as Independent Director, besides being on various Advisory Boards such as of M/s. Encore Asset Reconstruction Pvt. Ltd., Global Risk Advisory Committee of PayU Global – Netherlands, India Advisory Board of Master Cards, Governing Board of IMT – Ghaziabad, to name a few.