Ashwani Kumar

Director/Board Member at SAURASHTRA CEMENT LIMITED

68 year

Finance

Non-Energy Minerals

Consumer Services

Profile

Ashwani Kumar is currently an Independent Non-Executive Director at Export-Import Bank of India since 2024, Independent Non-Executive Director at Gujarat Sidhee Cement Ltd. and Saurashtra Cement Ltd. since 2019, and a Director at SREI Equipment Finance Ltd., National Credit Guarantee Trustee Co. Ltd., and NIIF Infrastructure Finance Ltd. Former positions include Chief Executive Officer, Director & MD at UCO Bank from 2023 to 2026, Chairman & Managing Director at Dena Bank Ltd. from 2013 to 2018, Chairman of Indian Banks' Association from 2015 to 2016, Chairman of Institute of Banking Personnel Selection from 2015 to 2017, Executive Director at Corporation Bank from 2011 to 2012, Executive Director at Indian Bank from 2021 to 2023, Non-Executive Director at General Insurance Corporation of India from 2025 to 2026, Independent Director at Lodha Developers Ltd. from 2020 to 2025, Director at Life Insurance Corporation of India (Investment Portfolio), Executive Director at Allahabad Bank, President & Director at Indian Institute of Banking & Finance, Chief General Manager at Punjab National Bank, and Trustee at Credit Guarantee Fund Trust for Micro & Small Enterprises.
Education includes graduation from the University of Lucknow.

Latest news about Ashwani Kumar

06-01

Uco Bank says Ashwani Kumar ceases role as MD and CEO

Ashwani Kumar active positions

Companies	Position	Start
SAURASHTRA CEMENT LIMITED	Director/Board Member	13/02/2019
GUJARAT SIDHEE CEMENT LIMITED	Director/Board Member	12/02/2019
NIIF Infrastructure Finance Ltd. NIIF Infrastructure Finance Ltd. Finance/Rental/LeasingFinance Acts as a financing subsidiary/Special purpose entity	Director/Board Member	-
SREI Equipment Finance Ltd. SREI Equipment Finance Ltd. Finance/Rental/LeasingFinance Provides loans for infrastructure development	Director/Board Member	-
National Credit Guarantee Trustee Co. Ltd.	Director/Board Member	-
Export-Import Bank of India Export-Import Bank of India Finance/Rental/LeasingFinance Provides foreign trade financing services	Director/Board Member	13/05/2024

All active positions of Ashwani Kumar

Former positions of Ashwani Kumar

Companies	Position	End
GENERAL INSURANCE CORPORATION OF INDIA	Director/Board Member	31/05/2026
UCO BANK	Chief Executive Officer	31/05/2026
LODHA DEVELOPERS LIMITED	Director/Board Member	07/04/2025
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Training of Ashwani Kumar

Experiences
Positions held

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Listed companies

Private companies

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Linked companies

Private companies	20
Corporation Bank Corporation Bank Regional BanksFinance Provides commercial banking services	Finance
Gujarat Sidhee Cement Ltd. Gujarat Sidhee Cement Ltd. Construction MaterialsNon-Energy Minerals Manufactures and markets cement and clinker products	Non-Energy Minerals
Saurashtra Cement Ltd. Saurashtra Cement Ltd. Construction MaterialsNon-Energy Minerals Manufactures and markets cement products	Non-Energy Minerals
Punjab National Bank Punjab National Bank Major BanksFinance Operates as a nationalized bank	Finance
Life Insurance Corporation of India (Investment Portfolio) Life Insurance Corporation of India (Investment Portfolio) Investment ManagersFinance LIC-IP invests in capital and debt markets, including government securities. Their equity investments consist of Indian shares in all sectors, with an emphasis on the infrastructure, industrial and social sectors. They also invest in Central and State Government bonds, as well as in debentures and term loans. LIC-IP follows a bottom-up investment process which is based on fundamental research combining in-house and outsourced analysis. The firm seeks to invest in high-growth equity, favoring leaders within each sector. They target companies with strong fundamentals and also invest in mid-cap stocks with high liquidity.	Finance
UCO Bank UCO Bank Regional BanksFinance Provides commercial banking services	Finance
Export-Import Bank of India Export-Import Bank of India Finance/Rental/LeasingFinance Provides foreign trade financing services	Finance
Allahabad Bank Allahabad Bank Regional BanksFinance Provides treasury and banking services	Finance
Dena Bank Ltd. Dena Bank Ltd. Regional BanksFinance Provides commercial banking and other related services	Finance
Indian Bank Indian Bank Major BanksFinance Provides commercial banking services	Finance
Macrotech Developers Ltd. Macrotech Developers Ltd. Real Estate DevelopmentFinance Provides real estate development services	Finance
University of Lucknow University of Lucknow Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
SREI Equipment Finance Ltd. SREI Equipment Finance Ltd. Finance/Rental/LeasingFinance Provides loans for infrastructure development	Finance
Indian Banks' Association Indian Banks' Association Miscellaneous Commercial ServicesCommercial Services Operates bank association	Commercial Services
Indian Institute of Banking & Finance Indian Institute of Banking & Finance Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Institute of Banking Personnel Selection
Credit Guarantee Fund Trust for Micro & Small Enterprises
National Credit Guarantee Trustee Co. Ltd.
General Insurance Corporation of India General Insurance Corporation of India Specialty InsuranceFinance Provides reinsurance services	Finance
NIIF Infrastructure Finance Ltd. NIIF Infrastructure Finance Ltd. Finance/Rental/LeasingFinance Acts as a financing subsidiary/Special purpose entity	Finance