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Vaddarse Prabhakar Shetty
Profile
Vaddarse Prabhakar Shetty is currently the Chairman at JM Financial Products Pvt Ltd., Chairman at JM Financial Asset.
Reconstruction Co. Pvt Ltd., Non-Executive Chairman at JM Financial Home Loans Ltd., Chairman at JM Financial Products Ltd., Independent Non-Executive Director at Sunteck Realty Ltd., and Non-Executive Director at JM Financial Credit Solutions Ltd. He previously held positions as Chairman & Managing Director at IDBI Bank Ltd., Canara Bank, and UCO Bank.
He was also the Chairman of the Indian Banks' Association.
Additionally, he served as a Director at Life Insurance Corporation of India (Investment Portfolio), National Insurance Co. Ltd., and General Insurance Corp.
of India (Invt Port).
He was a Non-Independent Non-Executive Director at HLV Ltd. from 2014 to 2017.
He has also held positions as a Director at Export-Import Bank of India, IDFC Ltd., Ind-Barath Power Infra Ltd., Spandana Sphoorty Financial Ltd., AFC India Ltd., and Life Insurance Corporation of India.
He was a Member-Governing Council at The Banking Codes & Standards Board of India and a Trustee at LIC Golden Jubilee Foundation.
Mr. Shetty completed his undergraduate degree at the University of Bangalore.
Vaddarse Prabhakar Shetty active positions
| Companies | Position | Start |
|---|---|---|
| SUNTECK REALTY LIMITED | Director/Board Member | 11/11/2021 |
JM Financial Home Loans Ltd.
 JM Financial Home Loans Ltd. Operates as a retail mortgages company that provides home financing services | Chairman | - |
JM Financial Credit Solutions Ltd.
 JM Financial Credit Solutions Ltd. Finance/Rental/LeasingFinance Provides real estate credit services | Director/Board Member | 15/07/2014 |
JM Financial Products Pvt Ltd.
 JM Financial Products Pvt Ltd. TextilesProcess Industries Manufactures textiles under various brands | Chairman | - |
JM Financial Asset Reconstruction Co. Pvt Ltd.
 JM Financial Asset Reconstruction Co. Pvt Ltd. Engages in acquisition of non-performing financial assets | Chairman | - |
JM Financial Products Ltd.
 JM Financial Products Ltd. Provides lending services | Chairman | - |
Former positions of Vaddarse Prabhakar Shetty
| Companies | Position | End |
|---|---|---|
| HLV LIMITED | Director/Board Member | 18/09/2017 |
| IDBI BANK LIMITED | Chief Executive Officer | 30/06/2007 |
| UCO BANK | Chief Executive Officer | - |
| ░░░░░░ ░░░░ | ░░░░░ ░░░░░░░░░ ░░░░░░░ | - |
| ░░░░ ░░░░░░░░░ ░░░░░░░░░░░ ░░ ░░░░░ ░░░░░░░░░░░ ░░░░░░░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
Training of Vaddarse Prabhakar Shetty
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 23 |
|---|---|
IDBI Bank Ltd.
 IDBI Bank Ltd. Major BanksFinance Provides banking services | Finance |
Canara Bank
 Canara Bank Major BanksFinance Functions as a nationalized commercial bank | Finance |
Life Insurance Corporation of India (Investment Portfolio)
 Life Insurance Corporation of India (Investment Portfolio) Investment ManagersFinance LIC-IP invests in capital and debt markets, including government securities. Their equity investments consist of Indian shares in all sectors, with an emphasis on the infrastructure, industrial and social sectors. They also invest in Central and State Government bonds, as well as in debentures and term loans. LIC-IP follows a bottom-up investment process which is based on fundamental research combining in-house and outsourced analysis. The firm seeks to invest in high-growth equity, favoring leaders within each sector. They target companies with strong fundamentals and also invest in mid-cap stocks with high liquidity. | Finance |
National Insurance Co. Ltd.
 National Insurance Co. Ltd. Multi-Line InsuranceFinance Provides insurance services | Finance |
General Insurance Corp. of India (Invt Port)
 General Insurance Corp. of India (Invt Port) Investment ManagersFinance GIC-IP is an active manager that constructs a portfolio comprised of investments in central and state securities, government-guaranteed bonds, housing, and infrastructure. | Finance |
HLV Ltd.
 HLV Ltd. Hotels/Resorts/Cruise linesConsumer Services Operates a chain of hotels and resorts | Consumer Services |
UCO Bank
 UCO Bank Regional BanksFinance Provides commercial banking services | Finance |
Export-Import Bank of India
 Export-Import Bank of India Finance/Rental/LeasingFinance Provides foreign trade financing services | Finance |
IDFC Ltd.
 IDFC Ltd. Investment ManagersFinance Engages in providing financial services for the infrastructure sector | Finance |
University of Bangalore
 University of Bangalore Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Sunteck Realty Ltd.
 Sunteck Realty Ltd. Real Estate DevelopmentFinance Provides real estate services | Finance |
Ind-Barath Power Infra Ltd.
 Ind-Barath Power Infra Ltd. Electric UtilitiesUtilities Generates thermal and renewable power | Utilities |
JM Financial Products Pvt Ltd.
JM Financial Products Pvt Ltd. TextilesProcess Industries Manufactures textiles under various brands | Process Industries |
Spandana Sphoorty Financial Ltd.
 Spandana Sphoorty Financial Ltd. Finance/Rental/LeasingFinance Operates as a microfinance institution | Finance |
Indian Banks' Association
 Indian Banks' Association Miscellaneous Commercial ServicesCommercial Services Operates bank association | Commercial Services |
JM Financial Credit Solutions Ltd.
JM Financial Credit Solutions Ltd. Finance/Rental/LeasingFinance Provides real estate credit services | Finance |
The Banking Codes & Standards Board of India
 The Banking Codes & Standards Board of India Operates as an institution which develops, promotes and publishes comprehensive codes and standards for banks | |
AFC India Ltd.
 AFC India Ltd. Provides consultancy and technical support services to agriculture and rural development segments for charity | |
JM Financial Asset Reconstruction Co. Pvt Ltd.
JM Financial Asset Reconstruction Co. Pvt Ltd. Engages in acquisition of non-performing financial assets | |
JM Financial Products Ltd.
JM Financial Products Ltd. Provides lending services | |
LIC Golden Jubilee Foundation
 LIC Golden Jubilee Foundation Foundation/Endowment | |
JM Financial Home Loans Ltd.
JM Financial Home Loans Ltd. Operates as a retail mortgages company that provides home financing services | |
Life Insurance Corporation of India
 Life Insurance Corporation of India Provides life insurance and pension business services |
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