Executive Director’s Profile
Shri Ashutosh Choudhury
Shri Ashutosh Choudhury has assumed charge as Executive Director, Indian Bank on 03rd May 2023
Shri Ashutosh Choudhury is a MBA professional and is also a Certified Associate of Indian Institute of Bankers. He has rich banking experience of more than 2 decades. Prior to joining as Executive Director of Indian Bank, he was serving as Chief General Manager & Group CRO of Punjab National Bank.
Shri Ashutosh Choudhury rose through ranks serving various offices of four Public Sector Banks viz. Punjab National Bank, Oriental Bank of Commerce, United Bank of India and Allahabad Bank. His work experience includes working in Enterprise Risk Management, Strategic Planning, MSME & Retail Credit, Profit Centric Operations, Fintech & Digital Banking, Treasury, Corporate Credit, Micro Finance & Financial Inclusion, Balance Sheet Management.
He has also completed Executive Leadership Development Programme of IIM Bangalore.
He has also served as Director in the Board of PNB Gilts, a subsidiary of PNB, functioning as Primary Dealer (PD) in Indian capital & debt market.
Shri Shiv Bajrang Singh
Shri Shiv Bajrang Singh has assumed charge as Executive Director, Indian Bank on 09th October 2023
Shri Shiv Bajrang Singh is a Post Graduate and a MBA professional. He is also a Certified Associate of Indian Institute of Bankers. He has completed Leadership Development Programme of IIM for Senior Management of Public Sector Banks.
He has rich banking experience of more than 3 decades. During his tenure, he worked in all key banking functions in various capacities viz., Rural, Treasury & FX, MSME, HRM, Business Process Re-engineering.
Shri Singh has business development background which comes from his strategic positioning as Zonal Manager and Deputy Zonal Manager. He has also worked in various verticals at the administrative offices.
At the Corporate level, he has steered the MSME Department, Finance, Planning & Strategic Intelligence and Human Resource Department with his expertise.
He has also served as Chairman of RRB-Arayavart Bank for a period of 5 Years. He is actively involved in academics also with more than 45 publications in Journals of national and international repute. He has served as visiting / guest faculty to Apex Training Institutes of the Industry such as Bankers Training College (RBI), National Institute of Bank Management (NIBM) and Bankers Institute of Rural Development (BIRD).
Ms. Mini T M
Ms. Mini T M has assumed charge as Executive Director, Indian Bank on 24th November 2025.
Ms. Mini T M is a highly accomplished banking professional with more than three decades of wide-ranging experience across Federal Bank, e-Vijaya Bank and Bank of Baroda. She joins Indian Bank as Executive Director, bringing with her a distinguished record of leading large business portfolios, driving strategic growth and strengthening governance and risk frameworks at scale.
In her most recent role as Chief General Manager & Cluster Head – Delhi at Bank of Baroda, Ms. Mini oversaw a business portfolio of approximately ₹6.00 lakh crore, providing strategic direction across deposits, advances, customer service and compliance. Prior to this, she headed the pan-India Retail Liabilities vertical, spearheading product innovation, digital enhancements and sustained growth in CASA and term deposits.
Her leadership journey includes heading major Zones such as Bengaluru and Pune, where she delivered strong business expansion, improved asset quality, enhanced customer experience and introduced multiple governance and digital transformation initiatives. She has also led PSU and corporate business for the southern region and previously held senior responsibilities in credit, SME banking, corporate credit operations and risk management.
Ms. Mini holds an MBA in Banking & Finance, is an FRM (GARP, USA), a CAIIB and has completed premier leadership programs at IIM Ahmedabad, IIM Bangalore, CAFRAL and international leadership forums.
Recognized for her strategic clarity, operational excellence and people centric leadership, Ms. Mini has consistently contributed towards building strong, future-ready banking ecosystems and delivering sustainable growth across diverse business segments.
