Mr. Jagajit Mangal Prasad (Mr. J.M. Prasad) joined the Board of the Bank in July 2025. He is a seasoned Human Resources professional with over 3 decades of leadership experience, including 16 years in the Banking and Insurance sectors. He has a proven track record in formulating and executing human capital strategies, leading organizational transformation, and managing change across diverse business environments, including multinational corporations, large enterprises, and promoter-led organizations.

He holds an Honours Diploma in Personnel Management and Industrial Relations from XLRI, Jamshedpur, a Postgraduate degree in Mass Communications from XIC, Mumbai, and a Bachelor of Commerce degree from R.A. Podar College of Commerce and Economics.

He served as the Chief of Human Resources at ING Vysya Bank and Group Head – Human Resources at Kotak Mahindra Life Insurance Company Limited. Prior to his tenure in the banking sector, he held senior HR leadership roles at Tata Elxsi and Subex Ltd.

He has special Knowledge and practical experience in the fields of Human Resources, Banking and Business Management.