Smt Shubhalakshmi Panse, is a Post Graduate in Science (M.Sc.), Diploma in Business
Management (DBM), Masters in Management Sciences with Specialization in Financial
Management (MMS), Masters in Business Administration with specialization in Bank
Management (USA) and CAIIB.
Smt Shubhalakshmi Panse has been a Member of External Advisory Committee set up
by RBI for vetting the applications received for setting up Payment Banks. She was
a member of P J Nayak Committee set up by the Government of India for Corporate
Governance in PSBs. She was also a member of Appointments Committee for selection
of CMDs & EDs of public sector banks.
Presently, she is also on the Boards of Atul Ltd. and Sudharshan Chemical Industries
Ltd. as Independent Director. Smt Shubhalakshmi Panse was appointed as the Chairperson
& Managing Director, Allahabad Bank from October 01, 2012 to January 31, 2014. (Prior
to that she was an Executive Director of Vijaya Bank from November 20, 2019 to September
30, 2012. She was also the Chairman of ALLBANK Finance Ltd., a subsidiary of Allahabad
Bank and Director on the Board of Universal Sompo Insurance Company, a joint venture
company of Allahabad Bank, Indian Overseas Bank, Karnataka Bank, Sompo of Japan
& Dabar Company.
Smt Shubhalakshmi Panse joined as Probationary Officer in Bank of Maharashtra in
1976 and served upto the level of General Manager in Bank of Maharashtra. She has
wide experience in the areas of Balance Sheet Management, Funds Management, Treasury
Management, Corporate Credit Appraisal, Credit Monitoring & restructuring and NPA
Management, expertise in Project Appraisal and Monitoring and Implementation, Business
Planning, Conceptualising and Planning the road map of Information & Technology,
establishing and putting in place systems and procedures for new business outlets
and running them efficiently and effectively, Human Resource Development & Management
strategies. She has an experience of about 40 years in the banking industry.