Board of Directors
Mr. Venkat Chalasani
Chairman of the SBIC Board
Mr. Venkat Nageswar Chalasani (Venkat) serves as the Chairman of the Board of Directors of the State Bank of India (California) since 2018. Mr. Venkat is also Deputy Managing Director, of the International Banking Group (IBG), with the State Bank of India (SBI). IBG has operations across 209 offices in 35 countries with a business portfolio of more than USD 55 billion and a staff of over 3000. With over 34 years of banking experience, Mr. Venkat has held various positions across a wide range of domains including Corporate Banking, Retail Banking, Treasury, Trade Finance, Risk and Compliance. He served as the Deputy Managing Director in-charge of the `Global Markets’ vertical of SBI and was charged with the responsibility of the treasury portfolio of India’s largest bank with significant exposure to various market segments such as foreign exchange, money market, equity, venture capital, strategic investments etc. Mr. Venkat holds a Bachelor of Science in Botany, PGDJ from Bhavan’s Institute and CAIIB.
Mr. Virendra Bansal
Director & Vice Chair of SBIC Board
Mr. Virendra Bansal is the Director and Vice Chairman of the State Bank of India (California) Board of Directors and has been serving in this position since July 2020. Mr. Bansal is the Country Head of the US Operations of State Bank of India (SBI). He is a career banker with over 30 years’ experience with State Bank of India in India and other geographies. During his banking career, Mr. Bansal has held several important and crucial assignments in diverse areas of Corporate Banking, International Banking, Trade Finance, Retail Banking including earlier overseas experience as Head (Trade) at London branch of State Bank of India. Prior to his present assignment, Mr. Bansal was Deputy General Manager & Relationship Manager at Corporate Accounts Group of State Bank of India at Mumbai. Mr. Bansal holds a Bachelor’s degree in Engineering (Mechanical) and has certification of AML/KYC from Indian Institute of Bankers
Mr. Sanjay Naik
Mr. Sanjay Naik serves as a Director in the Board of Directors of State Bank of India (California) since 2020. He has over 33 years of experience in banking. Mr. Naik has worked in various areas of banking such as International Banking, Corporate Banking, and Retail Banking in India and the UK. In his present role as Chief General Manager, International Banking Group (IBG) at the State Bank of India (SBI), Mr. Naik is responsible for group strategy, business development, operational efficiency, and other functional areas for 35 Bank offices located in 6 countries with a business portfolio of more than USD 30 billion.
Prior to assuming his current responsibilities, Mr. Naik was Head of Retail Banking, SBI UK Operations and oversaw Retail Business and Operations of SBI UK. He led a large team managing business worth USD 2 billion. Key responsibilities in his previous assignments included business development and asset quality maintenance of a portfolio of more than USD 2 billion. He was also responsible for ensuring effective credit process systems, cross-selling, and improving operational efficiency of the branch. Mr. Naik has extensive experience in credit delivery and client servicing. Mr. Naik also serves as a director on the Boards of SBI UK and SBI Canada. He is a graduate in science and holds an MBA degree.
Ms. Kathleen James
Ms. Kathleen James serves as a director on the Board of Directors of the State Bank of India (California) on the Board of Directors and has been in this role since early 2017. Ms. James has extensive experience with her work at the FDIC. She currently works with the Conference of State Bank Supervisors to help improve state banking departments. Ms. James was an FDIC and Congressional Legislative Advisor. Prior to that she was the Assistant Regional Director of the FDIC and was responsible for supervisory actions of state-chartered banks in the Los Angeles and Orange County areas. Ms. James has led in many positions within the FDIC and has extensive experience as an FDIC Legislative Advisor. Ms. James has a bachelor’s degree in Economics from Immaculata College, she completed Stonier Graduate School of Banking, and she has an MBA in Finance from George Washington University.
Mr. Suresh Kumar
Mr. Suresh Kumar serves as the lead independent Director on the Board of Directors of the State Bank of India (California) and has been on the Board since 2017. Mr. Kumar has over 25 years of senior executive management experience in the areas of finance and banking. He served as Managing Director of the $6 billion asset Mizuho Bank Ltd, Los Angeles and exercised day to day oversight responsibilities for Risk Management, Legal and Regulatory Compliance, Human Resources management, Information Technology, and Finance and Accounting functions. Earlier he was Chief Financial Officer and Director on the Board of Mizuho Corporate Bank of California, and President & CEO of an independent community bank in California. Mr. Kumar brings prior Board and executive operational experience in US banking as well as expertise in M&A, US GAAP and Japanese GAAP, strategic planning, regulatory compliance and risk management aspects of the business. Mr. Kumar has an MBA from the Marshall School of Business, University of Southern California, Los Angeles.
Mr. James Neckopulos
Mr. James Neckopulos is a Director on the Board of the State Bank of India (California), which he joined in March of 2019. Mr. Neckopulos has over 30 years of senior executive management experience in banking and financial services. Most recently, he was an Executive Director in Ernst & Young’s Banking and Capital Markets practice. His expertise includes business strategy formulation, P&L management, digital business transformation and enterprise risk and compliance adherence developed through positions in industry and senior consulting positions at Ernst & Young, Hitachi Consulting, Arthur Andersen and Accenture (formerly Andersen Consulting). Mr. Neckopulos has worked with management and boards of leading community and regional banks, Fintechs and wealth management firms to solve complex business issues, deliver digital business transformation strategies, identify and realize profit improvement opportunities and advise on regulatory risk and compliance matters.
Mr. Neckopulos has an MBA from the Kellstadt Graduate School of Business of DePaul University, Chicago, Illinois and a B.S. in Finance from the University of Illinois, Champaign- Urbana, Illinois.
Ms. Salila Pande
President & Chief Executive Officer
Ms. Salila Pande is the President and CEO of the bank. She has more than 24 years of experience in banking, having worked in different geographies like India, Singapore, and the US. Ms. Pande is a Financial Risk Manager (FRM).