A
Banker Par Excellence
Bows Out
Mr. T.C. Venkat Subramanian, Chairman
and Managing Director of the Export
Import Bank of India, who has
been the inspiration behind this
publication since its inception
in April 2005, is bowing out at
the end of a distinguished career
in banking spanning more than
three decades.
Mr. Subramanian, who holds a Bachelor's
degree in Electrical Engineering
from Madras University and CAIIB
in Commercial Banking from Indian
Institute of Bankers, had earlier
worked in Bank of India and the
Industrial Development Bank of
India (IDBI).
Mr. Subramanian joined Exim Bank
in 1982 when it was set up to
boost India's exports of projects,
goods and services through various
lines of credit. He has served
the Bank in different capacities
before taking over as Chairman
and Managing Director in 2006.
During his tenure, the Bank has
truly become global in its outlook,
aspirations and achievements.
The Exim Bank's lines of credit
today number 123, covering as
many as 95 countries in Africa,
Asia, Latin America, Europe and
the CIS, with credit commitments
crossing four billion dollars.
Mr. Subramanian's global standing
could be gauged from the fact
that he was the first elected
Honorary President of the Global
Network of Exim Banks & Development
Finance Institutions (G-NEXID),
an initiative launched in March,
2006 under the auspices of UNCTAD
(United Nations Commission for
Trade and Development), based
in Geneva, Switzerland. He continued
in that capacity till recently.
The tributes that Mr. Jean-Louis
Ekra, President and Chairman of
the Board, African Export-Import
Bank, and new Honorary President,
G-NEXID, paid to Exim Bank sum
it up for both the Institution
and its Chairman.
Mr. Ekra said: “Allow me
also to say that until recently,
we have been so fortunate to have
Mr. Venkat Subramanian as our
Honorary President. He has brought
his distinguished professionalism,
outstanding leadership and personal
dedication to the service of our
association. Through Exim India,
he has relentlessly promoted our
network. He has set the bar remarkably
high, which is an inspiration
to whoever comes after him to
steer the course of G-NEXID…
I hope that together, we shall
be able to keep up the standard
set by Mr. Venkat Subramanian
and render our community vibrant”.
During his illustrious career,
Mr. Subramanian has held many
positions. He is also Director
on the Boards of the following:
Export Credit Guarantee Corporation
of India; Agricultural Finance
Corporation; Small Farmers' Agri-Business
Consortium; and, Securities Trading
Corporation of India; He is a
member of the Board of Trade constituted
by the Government of India and
Governing Board of National Institute
of Bank Management.
We at New Media salute Mr. Subramanian
for being a Friend, Philosopher
and Guide in all our endeavours
in bringing out the three publications,
namely, Indo-African Business,
Indo-LAC Business and Indo-CIS
Business, in association with
the Exim Bank.
We are sure Mr. Subramanian will
continue to guide us and many
others like us even after his
retirement from the present post
which has gained in eminence with
his stature during his tenure
at the top. -Dev Varam
