Board of Risk Management Committee

The Risk Management committee of the IBA is the Sub-Committee of the Board of Supervisor, majority of the members of the risk management committee has expertise in risk management and banking.

The risk management committee commonly focuses on:

  • Credit risk
  • Operational risk
  • Market risk
  • pricing risk and
  • Liquidity risk

The risk management committee assists the board of supervisors in developing, approving and monitoring the implementation of the risk management policies.


Dr. Suresh Nanda


Dr. Suresh Nanda holds a Master’s in Economics from the Jawaharlal Nehru University, New Delhi and a Doctorate in Business Management from the Indian Institute of Management, Calcutta. Dr. Nanda has also attended an Advanced Management Program at Wharton School, University of Pennsylvania, US.

He has over 37 years’ experience in banking, mostly in leadership positions, where he managed large teams in the Project Finance, Corporate & Investment Banking, International Banking, Off shore Banking Retail Banking and Private Banking  in units of ICICI, ICICI Bank, ING Bank in India and Middle East. He was part of the startup team of ICICI Bank in 1994. His last assignment was as the Head of International Banking pf Bank One, Mauritius..  In July 2018, he has set up a boutique debt and equity consulting outfit with primary focus on Africa as also Middle East.

He  has established track record of transformation and turnaround with significant increase in business, revenue & profitability and improvement in portfolio quality. Highly adaptable professional with extensive experience in managing diverse teams with an understanding of cultural nuances based on working and doing business across the world. Ability to bring strategic visioning with deep industry experience through many years of leading transformations. Worked with McKinsey & Co and Monitor for multiple projects including operational integration of ICICI and ICICI Bank, brand intent for ING group, and market positioning of ING Private Banking. He transformed the International Banking Business of Bank One as one of the best in the island in terms of growth and all business parameters.




CA Dalip Kumar Kaul


CA Dalip Kumar Kaul is a Fellow Member of the Institute of Chartered Accountants of India (ICAI). He is B.Com (Hons) and L.LB. from the University of Delhi,India. He also has a Master’s Degree in Business Administration (Finance), having specialization in Merchant Banking, Risk Management, Treasury, International Finance.

Mr Kaul is a Senior Partner of a Chartered Accountant Firm in India. He has an experience of over 35 years of successfully advising corporate and non-corporate clients under various laws. His expertise is rendering services relating to business strategy, merger & acquisition, integrated risk management, regulatory, advisory and assurance services to listed and unlisted corporates including MNC’s like Banking and Capital Markets, Insurance, Infrastructure, Pharmaceuticals, Trading, Manufacturing, Healthcare, Education, Media, Information Technology, Construction, Poultry, Agriculture, Power. He has also helped in transformation of financial systems, restructuring plans for Corporate’s and represented clients before Income Tax Appellate Tribunals.


In the Banking sector, he possesses experience of being the auditor of many of the largest nationalized and private sector banks in India. He has also been on the Board of Directors of The Jammu & Kashmir Bank Limited (State owned Government Company) as Non-Executive Independent Professional Director (August 2014 – June 2016). He was also the Chairman of the Audit Committee of the Board (ACB) and Member of various committee’s of the board namely; Management Committee of Board (MCB) , Integrated Risk Management Committee (IRMC) , Nomination & Remuneration Committee , Customer Service/Grievance Committee, Legal Committee and Information Technology and Strategy Committee of The Jammu & Kashmir Bank Limited.


His Board Level experience at The Jammu & Kashmir Bank included

·         Monitoring of critical areas like Internal Control, Risk Mitigation Corporate Governance and Non Performing Asset (NPA) monitoring .

·         Implementation and Strengthening of CISA , CERSAI and Concurrent Audit

·         Compliances as per RBI (Regulator in India) /SEBI Guidelines

·         Compliance of Long Form Audit Report of Statutory Central Auditors

·         Interaction with Statutory Central Auditors and discussions on Annual financial Inspection (AFI) with RBI , follow up of AFI of Reserve Bank of India

·         Faster redressal of pending legal cases,

·         Directions for implementation of steps in the bank for timely sharing of information with Ministry of Finance and Ministry of External Affairs regarding impounding of passports of defaulting borrowers , initiation for timely sharing of information with SEBI/Stock Exchanges in case of defaulting corporate’s,

·         Automation of all the electronic services being provided by the bank, awareness Campaigns to educate the customers and online banking facility portfolio.


He started his career with M/s Jhalani Brothers Private Limited(Group Company of  Gedore Tools India Ltd.) , New Delhi as Chief – Finance & Accounts

He has been a Member of Executive Committee of J&K Branch of NIRC of ICAI and was its Chairman for the year 2013-14. He is also a Peer Reviewer on the Panel of Peer reviewers maintained by Peer Review Board of the ICAI. He was a Special Invitee Member-Committee on Banking, Insurance & Pension of ICAI.

He is the Chairman (Non-Executive) , Board of Directors/Board of Supervisors of Islamic Bank of Afghanistan (Previously known as Bakhtar Bank) since October 2015.

Mr. Saifullah Abid



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