P.H. Ravikumar is a Non-Executive and founder Director at Vastu (post change of ownership and control), he is a commercial banker with over 45 years of experience in the financial services sector. He has been an Independent Director and Non Executive Chairman of the company from January 2014 till July 2017. He was earlier part of the core team which set up and built ICICI Bank Limited from inception in 1994. In banking, his experience spans the areas of retail, corporate and treasury banking in India and abroad including at Bank of India between 1972 and 1994. At ICICI Bank, his responsibilities included business strategy as also risk management and he helped this unit become an industry leader in a short span of time. As the Head of SME & Agri Business in the merged ICICI Bank, his role included building and growing the bank’s portfolio in these sectors both on liabilities as well as on assets side, apart from services to these sectors. In its first full year of functioning, the bank emerged as the second largest lender to the agri business sector in India He was also the founder Managing Director and CEO of National Commodities & Derivatives Exchange Ltd between 2003 and 2008. He and his team conceptualized and set up the Exchange. He was subsequently the first MD &CEO of Invent Assets Securitisation & Reconstruction Ltd., an asset reconstruction Company ltd. under Reserve Bank of India’s regulatory oversight between 2009 and 2012.
He is also on the boards of several other companies including Bharat Financial Inclusion Ltd. Dotex Ltd. ( a 100% subsidiary of National Stock Exchange Ltd.) both as Chairperson, Aditya Birla Capital Ltd., Bharat Forge Ltd., Escorts Ltd., UTI Retirement Solutions Ltd.
Ravikumar is a Commerce graduate with professional qualifications as an associate of Indian Institute of Bankers and the Chartered Institute of Bankers London. He is also an honarary Fellow of Securities Investments Institute, London.