Janki Vallabh (alternate spelling: Janki Ballabh) was an Indian career banker who served as the

Chairman of State Bank of India The chairperson of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ''ex-officio'' chair of its Central Board of Directors. Since its establishment in 1955 by the government of India, th ...

from 1 November 2000 to 31 October 2002. He was also a certified associate of the

Indian Institute of Banking and Finance Established in 1928 as a company under Section 26 of the Indian Companies Act, 1913, the Indian Institute of Banking & Finance (IIBF), formerly known as the Indian Institute of Bankers (IIB), is a professional body of Banks, Financial Institut ...

Early life and education

He was born on 24 October 1942. He completed his M.Com degree at the

St. John's College, Agra St. John's College is a constituent college of Dr. Bhimrao Ambedkar University, located in Agra. It is a Christian college under the Church of North India. It was established by the Church Mission Society to Agra. The college admits both under ...

in 1963.

Career

Early career

He started his career as a lecturer in the Department of Commerce at the

. He later worked as a lecturer in the Department of Commerce at the

Shri Ram College of Commerce Shri Ram College of Commerce (SRCC) is an Indian higher education institution in the fields of commerce, economics and business management. A constituent college of the University of Delhi, it was founded in 1926 by seven leading businessmen na ...

Delhi University The Delhi University (DU, ISO 15919, ISO: ), also and officially known as the University of Delhi, is a collegiate university, collegiate research university, research Central university (India), central university located in Delhi, India. It ...

Banking career

He served as the

from 1 November 2000 to 31 October 2002. He served as the Vigilance Commissioner at the

Central Vigilance Commission Central Vigilance Commission (CVC) is an Indian governmental body created in 1964 to address governmental corruption. In 2003, the Parliament enacted a law conferring statutory status on the CVC. It has the status of an autonomous body, free ...

from 5 November 2002 to 4 November 2005. He has also interviewed several candidates for the post of Managing Director in various banks such as

Bank of India Bank of India (BoI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. BoI is a founding member of SWIFT (Society for Worldwide Inter ...

Punjab National Bank Punjab National Bank alias PNB is an Public sector banks in India, Indian government bank based in New Delhi. It was founded in May 1894 and is the List of banks in India, second-largest public sector bank in India in terms of its business volum ...

Oriental Bank of Commerce Oriental Bank of Commerce (OBC) was an Indian public sector bank headquartered at Gurgaon, Haryana. It had 2390 branches and 2625 ATMs across India. In April 2020, the bank along with United Bank of India was merged with Punjab National Bank ...

and

United Bank of India United Bank of India (UBI) was an Indian nationalized bank which provided financial and banking services. Established in 1950 and headquartered in Kolkata, the bank was nationalised by the government of India in 1969 becoming one of public sec ...

. In 2019, he was named as the replacement for

Naresh Goyal Naresh Goyal (born 29 July 1949) is an Indian businessman who is the founder and Chairman of Jet Airways. He started operating Jet Airways in 1993 with initial seed money from Tail Winds incorporated, Isle of Man. Following the 2005 Initial pub ...

on the board of directors of

Jet Airways Jet Airways Limited, trading as Jet Airways, was an Indian full-service airline based in Delhi, with a training and developmental centre in Mumbai. Incorporated in April 1993 as a limited liability company, the airline began operations as an ...

, after the airline succumbed to financial setbacks and was taken over by its creditors, including the

State Bank of India State Bank of India (SBI) is an Indian Multinational corporation, multinational Public sector undertakings in India, public sector bank and financial service body headquartered in Mumbai. It is the largest bank in India with a 23% market shar ...

Board Seats Held

He has held board level positions at the below companies: * UTI Trust * Small Industries Development Bank of India *

Tata Capital Tata Capital Limited is an Indian financial and investment services company, based in Mumbai. It is a subsidiary of Tata Sons and has more than 700 branches across the country. The firm offers consumer loans, wealth management, commercial fin ...

* Nucleus Software Exports

Criticism and Controversies

The Gujarat gold bullion scam occurred during his tenure. It caused a loss of Rs. 40 crore to the

and mainly affected the branches of the Gujarat circle of the bank.

References

External links

State Bank of India
hemindrahazari.com 3 February 2000 {{DEFAULTSORT:Vallabh, Janki Living people State Bank of India Chairmen of the State Bank of India 1942 births