Fullerton India Credit Co. Ltd. is Now SMFG India Credit Co. Ltd.

Board Of Directors

Rajeev Kannan

Rajeev Kannan

Chairman of the Board of Directors

Mr. Rajeev Kannan is the Chairman of the Board of Directors of SMFG India Credit Company Limited (Formerly Fullerton India Credit Co. Ltd.). He is the Managing Executive Officer and Co-Head of Asia Pacific Division of Sumitomo Mitsui Banking Corporation (SMBC) as well as in Sumitomo Mitsui Financial Group (SMFG) since April 2022. In his role, Mr. Kannan is responsible for SMBC and SMFG’s business in Asia Pacific Region.

Prior to this role, Mr. Kannan ran the corporate coverage and banking business for Asia Pacific for 2 years and investment banking for the region for 4 years. Mr. Kannan had also spent 4 years in Tokyo covering global structured finance.

Mr Kannan’s banking career spans nearly 30 years having held various leadership roles with global, regional and product responsibilities. Mr Kannan has a deep experience in corporate and investment banking, structured finance, principal investments, private credit and infrastructure/ green finance and is a thought leader in this space. Mr. Kannan is also a member of the Board of Directors of Clifford Capital Holdings Pte Ltd, Pierfront Capital Pte Limited and ESR Group Limited and also an Advisory Board Member of Singapore Green Finance Center, a partnership between SMU and Imperial College.

Mr. Kannan holds a Master’s degree in Management and Engineering from the Birla Institute of Technology & Science (BITS), Pilani. Mr. Kannan was awarded IBF Distinguished Fellow in 2019 by the Institute of Banking & Finance, Singapore.

Mr. Kannan's email id is [email protected] 

Diwakar Gupta

Diwakar Gupta

Independent Director

Mr. Diwakar Gupta is an Independent Director on the Board of SMFG India Credit Company Limited (Formerly Fullerton India Credit Co. Ltd.). Mr. Gupta has nearly five decades of experience in the financial services industry across the public sector and development banking. He was the Vice President of Private Sector and Co-financing at the Asian Development Bank (ADB) from 2015 to 2020. Mr. Gupta oversaw ADB’s assistance to private sector projects at ADB and was responsible for building and maintaining ADB’s public-private partnership operations.

Before ADB, he was the MD & CFO of the State Bank of India. He was responsible for setting strategies and direction alongside other State Bank’s Central Management Committee members. He joined the Bank in 1974 and held several leadership positions at its various units and subsidiaries. He held the position of Deputy Managing Director (National and Rural Banking) and CEO - SBI Card & Payment Services, among others in the Bank. Mr. Gupta has also worked in an advisory capacity with India Value Fund Advisors (IVFA) and Aditya Birla Financial Services Pvt. Ltd. and as an Independent Director on the boards of leading business councils, financial services companies, and other private organisations in India. Mr. Gupta is also the Senior Advisor (Research) in Centre for Advanced Financial Research and Learning (CAFRAL), promoted by RBI.

He holds a Master’s degree in Physics from St. Stephens College (Delhi) and is a Certified Associate of the Indian Institute of Bankers (CAIIB).