Indian Bank has appointed Shri. Bhupinder Singh Bhalla as Shareholder Director on the Board of the Bank, effective from December 31, 2025, and he shall hold office for a period up to March 8, 2027. Shri Bhupinder Singh Bhalla holds an honours degree from Shri Ram College of Commerce, ICWA and a PGDM (MBA) from the Indian Institute of Management, Bangalore.
Shri Bhupinder Singh Bhalla worked in corporate finance for three years before joining the Indian Administrative Service (IAS) in 1990. Till recently, he was working as Technical Member, Appellate Tribunal for Electricity, Government of India. Earlier, as the Secretary of the Ministry of New and Renewable Energy till he retired in September 2024, he was responsible for driving India?s energy transition through massive scale-up of the renewable energy sector.
His notable accomplishments include launch of the National Green Hydrogen Mission and the PM Surya Ghar: Muft Bijli Yojana; impetus to solar manufacturing; and kick-starting the offshore wind development in the country. He has also worked at other key positions at the Government of India. As Joint Secretary, and then as Additional Secretary, Ministry of Commerce & Industry for over five years, he was responsible for India?s trade negotiations with the neighboring countries.
In addition, he worked as Director General, Trade Remedies and led the India Brand Equity Foundation as its CEO. He has also worked as Counsellor (Economic) in the Indian Embassy at Washington DC, USA where he spearheaded the India-US bilateral engagements in finance, energy and agriculture for over three years. Earlier, as Director, Department of Financial Services Ministry of Finance, he played a role in several major initiatives in India?s banking sector, and served as Government Nominee Director on the board of Union Bank of India from January 24, 2005 to June 10, 2008.
As a member of the Union Territory cadre of the IAS, he has had memorable stints in diverse fields across Delhi, Goa, Daman & Diu, Andaman & Nicobar Islands and Chandigarh, including as the Administrator, Union Territories of Daman & Diu and Dadra & Nagar Haveli, where he served as the constitutional and administrative head. As a Fellow Member of the Institute of Cost Accountants of India, he has been conferred with the inaugural CMA Ratna Award 2016 by the Institute for significant contribution to the cause of society and the profession as a policymaker.
