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Debabrata Sarkar, a Master of Commerce and a holder of distinctive qualifications of FCA and CAIIB, is the former Chairman & Managing Director of Union Bank of India over the period from April 2012 till November 2013. Prior to that, Shri Sarkar was the Executive Director (Wholetime) of Allahabad Bank from 2009 to 2012. Having an illustrious professional career, during his earlier assignment with Bank of Baroda, Shri Sarkar gradually grew from the position of Manager (Credit) to the level of a General Manager.

His long career as a successful banker saw him handling various other significant responsibilities as the Director on the Board of Central Securities Depository Ltd, Mumbai; Director on the Board of Bank of Baroda (Botswana) Ltd.; Director on the Board of Bank of India; Director on the Board of All Bank Finance Ltd.; Chairman of the Banking Advisory Board, Welingker Institute of Management & Research, Mumbai; Non- Executive Chairman of Union KBC Ltd and Star Union Dai-Ichi Life Insurance Co. Ltd.; Member of Governing Board of the Institute of Banking Personnel Selection (IBPS), Mumbai and Empowered Committee on ECB, RBI ; Independent External Monitor of NABARD and EXIM Bank, and many more.

A proud recipient of industry awards like the Financial Inclusion Award 2013-Person of the Year by Skotch Group and Excellence in Financial Communication Award for the year 2012 by Association of Business Communicators of India, Shri Sarkar holds the distinction of being appointed as the Independent Director on boards of various companies like Vistra- ITCL (India) Ltd., Hinduja Leyland Finance Ltd and Asset Reconstruction Company (India) Ltd. etc.

He also serves as Independent Director of BOI Merchant Bankers Limited, Easy Home Finance Limited, IDL Explosives Limited, Aditya Birla Sun Life Insurance Company Ltd, and GOCL Corporation Limited.