Usha Ananthasubramanian

Usha Ananthasubramanian is the Managing Director and Chief Executive Officer of the Punjab National Bank, ^[1]

Education and early career

Ananthasubramanian holds a Master’s Degree in Statistics from the University of Madras and a Master’s degree in Ancient Indian Culture from University of Mumbai^[2]

Her background in statistics helped her get her first job as a specialist in the actuarial department with Life Insurance Corporation (LIC), while her understanding of Ancient Indian Culture gave her a deeper insight into understanding risk.^[3]

Career in banking

Ananthasubramanian started her career in banking in February 1982, when she joined the Bank of Baroda as a specialist officer in its planning stream.^[4]

Prior to joining Bhartiya Mahila Bank, Ananthasubramanian worked at Punjab National Bank and was recognised in the following roles:^[5]

• Executive Director
• Member of Share Transfer Committee
• Member of Audit Committee
• Member of Committee of Directors to Review Disposal of Vigilance/ Non-Vigilance Disciplinary Action Cases
• Member of Customer Service Committee
• Member of Information Technology Committee
• Member of Management Committee
• Member of Power of Attorney Committee
• Member of Risk Management Committee
• Member of Shareholders/Investors Grievance Committee
• Member of Special Committee of Board - for Monitoring Fraud

Bhartiya Mahila Bank

With a banking career spanning over 31 years, Ananthasubramanian was nominated as leader of the core management team constituted by the Ministry of Finance (India) for coordinating the process of establishment of the Women's Bank (Bhartiya Mahila Bank) ^[1]

References