BC Achary, Chartered FCSI, CFIRM – Executive Director & Acting Chief Executive Officer BC took over as the Acting Chief Executive Officer on 6th July 2020. He has been an Executive Director of the Bank since December 2012 and was operating as the DCEO of the Bank. He joined the Bank in September 2008 as Head, Risk and Compliance. He was also the Chief Risk Officer of the Bank since its authorisation as a wholesale bank in 2013. During 2015-16 he initiated actions for a variation of permission to carry out retail deposit taking activities which materialised in June 2018.
BC has years of rich international banking experience having worked in India and the United Kingdom with State Bank of India (SBI). He has vast experience in business strategy, setting up a bank, regulatory engagements and developing start-up banking business. In his long career he worked in areas such as credit, retail banking, risk management, ALM and treasury, compliance and AML. In SBI, he was tasked with achieving synergy in treasury operations of banks in State Bank Group.
BC holds an MPhil in Economics and MBA in Finance. He is a Diploma holder in investment compliance from Chartered Institute for Investments and Securities (CISI). In 2018-19, BC completed the Fintech Programme offered by Said Business School, Oxford University.
He is a Chartered Fellow of CISI and member of its Fintech Committee. He is also a Certified Fellow of the Institute of Risk Management.