P. N. Prasad

P. N. Prasad is a professional banker with more than 37 years of experience. He joined State Bank of India (SBI) on December 9, 1983, as a Probationary Officer and retired as the Deputy Managing Director of SBI on May 31, 2020.

At the time of his superannuation, he headed the Commercial Clients Group, the Corporate Banking Vertical of State Bank of India. He was also heading the Project Finance and Structuring SBU of the Bank, the only such SBU focused on project and infrastructure finance among all the banks in India.

At SBI, he has handled leadership roles for more than 25 years in multiple fields of banking with specialization in corporate banking, project finance & structuring, infrastructure lending, debt syndication, small-scale industries, agriculture and rural economy, human resource development, international banking, trade finance operations, treasury management, risk management, audit, compliance, stressed asset management and resolution.

Following his retirement from SBI, P. N. Prasad was a Shareholder Director with Bank of India from October 25, 2020 to October 12, 2022. He was a Member of the committee constituted by the Reserve Bank of India on the functioning of Asset Reconstruction Companies and review of regulatory guidelines. P. N. Prasad was also the Chairman of the Co-ordination Committee appointed by the Ministry of Commerce, Government of India, to address the issues faced by the Gems & Jewellery Sector in India.

He is a Director on the Boards of Styrenix Performance Materials Limited, Asset Reconstruction Company (India) Limited, Indo Borax & Chemicals Limited, National e-Governance Services Limited and Insolvency Professional Agency of Institute of Cost Accountants of India.

He holds a Master's degree in Science and is a Certified Associate of the Indian Institute of Bankers.