IDBI Bank Management
Management criteria checks 3/4
IDBI Bank's CEO is Rakesh Sharma, appointed in Oct 2018, has a tenure of 5.5 years. total yearly compensation is ₹34.29M, comprised of 27.1% salary and 72.9% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹394.40K. The average tenure of the management team and the board of directors is 3 years and 4.2 years respectively.
Key information
Rakesh Sharma
Chief executive officer
₹34.3m
Total compensation
| CEO salary percentage | 27.1% |
| CEO tenure | 5.5yrs |
| CEO ownership | 0.00004% |
| Management average tenure | 3yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹53b |
| Sep 30 2023 | n/a | n/a | ₹48b |
| Jun 30 2023 | n/a | n/a | ₹42b |
| Mar 31 2023 | n/a | n/a | ₹37b |
| Dec 31 2022 | n/a | n/a | ₹32b |
| Sep 30 2022 | n/a | n/a | ₹29b |
| Jun 30 2022 | n/a | n/a | ₹27b |
| Mar 31 2022 | ₹26m | ₹8m | ₹25b |
| Dec 31 2021 | n/a | n/a | ₹24b |
| Sep 30 2021 | n/a | n/a | ₹22b |
| Jun 30 2021 | n/a | n/a | ₹20b |
| Mar 31 2021 | ₹4m | n/a | ₹15b |
| Dec 31 2020 | n/a | n/a | ₹10b |
| Sep 30 2020 | n/a | n/a | -₹51b |
| Jun 30 2020 | n/a | n/a | -₹89b |
| Mar 31 2020 | ₹4m | ₹3m | -₹128b |
| Dec 31 2019 | n/a | n/a | -₹179b |
| Sep 30 2019 | n/a | n/a | -₹163b |
| Jun 30 2019 | n/a | n/a | -₹164b |
| Mar 31 2019 | ₹3m | ₹1m | -₹150b |
Compensation vs Market: Rakesh's total compensation ($USD410.80K) is below average for companies of similar size in the Indian market ($USD946.09K).
Compensation vs Earnings: Rakesh's compensation has increased by more than 20% in the past year.
CEO
Rakesh Sharma (65 yo)
5.5yrs
Tenure
₹34,287,747
Compensation
Mr. Rakesh Kumar Sharma serves as Managing Director, Chief Executive Officer and Executive Director of IDBI Bank Ltd since October 10, 2018. He served as an Associate Director of Canara Robeco Asset Manage...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.5yrs | ₹34.29m | 0.000040% ₹ 394.4k | |
| Deputy GM | 3yrs | ₹3.40m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Technology Officer | no data | ₹5.16m | no data | |
| Chief General Manager | no data | ₹2.29m | no data | |
| Chief General Manager | no data | no data | no data | |
| Chief General Manager | no data | no data | no data | |
| Chief General Manager | no data | no data | no data | |
| Chief General Manager | no data | no data | no data | |
| Executive Director & Chief Audit Officer | no data | no data | no data | |
| Head of Data Analytics | no data | no data | no data | |
| Chief General Manager | no data | no data | no data |
3.0yrs
Average Tenure
60yo
Average Age
Experienced Management: 500116's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.5yrs | ₹34.29m | 0.000040% ₹ 394.4k | |
| Deputy MD & Director | less than a year | no data | no data | |
| Independent Part-time Chairman | 2.2yrs | ₹2.41m | no data | |
| Independent Director | 5.9yrs | ₹2.66m | no data | |
| Independent Director | 5.1yrs | ₹2.46m | no data | |
| Independent Director | 5.2yrs | ₹3.01m | no data | |
| Independent Director | 6.5yrs | ₹3.16m | no data | |
| Independent Director | 5.9yrs | ₹3.06m | no data | |
| Independent Director | 3.3yrs | ₹2.66m | no data | |
| Nominee Non- Executive Director | 2.2yrs | ₹2.16m | no data | |
| Government Nominee Director | 2yrs | no data | no data | |
| Government Nominee Director | 2yrs | no data | no data |
4.2yrs
Average Tenure
64yo
Average Age
Experienced Board: 500116's board of directors are considered experienced (4.2 years average tenure).