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Rajeev Deoras

Executive Director


Rajeev Deoras

Rajeev Deoras is a career banker with close to 37 years of work experience spread across the banking and financial services space. He spent his initial years with the country’s leading bank—State Bank of India. For close to a decade, he was a part of the bank in multiple roles, followed by ICICI Bank Ltd., as one of its initial recruits entrusted with setting up the bank franchise.

A Mechanical Engineering Graduate and CAIIB, Rajeev was instrumental in setting up the corporate banking franchise for ICICI Bank, Kotak Bank, Dhanlaxmi Bank and Abu Dhabi Commercial Bank. During his stint as the Corporate Banking Head, he managed large corporate relationships successfully.

During his tenure with Dhanlaxmi Bank as Head of Wholesale Bank, the segmental asset portfolio increased more than four folds with a well-diversified portfolio equally distributed among the West, North and South Zones. He later became Chief Credit Officer of the Bank, managing credit risk across the Bank.

At Essel Finance, he was the CEO of the Private Equity Arm. He was responsible for the overall management of funds, resource raising, deployment and delivering targeted IRR.

He also served as the Group Chief Risk Officer at Essel Finance, overseeing the risk function of all the subsidiary companies instilling prudent risk practices that led to a clean book and high-quality portfolio across the NBFC and HFC business units.

Rajeev is known to have a keen eye for detail and has a meticulous approach in discharging his responsibilities. Apart from being a core strategist, his understanding of the credit and risk management practices has helped build large and progressive Organisations.