Indian Bank Management
Management criteria checks 2/4
Indian Bank's CEO is Shanti Jain, appointed in Sep 2021, has a tenure of 2.67 years. total yearly compensation is ₹4.07M, comprised of 61.9% salary and 38.1% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹369.24K. The average tenure of the management team and the board of directors is 2.4 years and 1.5 years respectively.
Key information
Shanti Jain
Chief executive officer
₹4.1m
Total compensation
| CEO salary percentage | 61.9% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.00005% |
| Management average tenure | 2.4yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹76b |
| Sep 30 2023 | n/a | n/a | ₹69b |
| Jun 30 2023 | n/a | n/a | ₹61b |
| Mar 31 2023 | ₹4m | ₹3m | ₹56b |
| Dec 31 2022 | n/a | n/a | ₹51b |
| Sep 30 2022 | n/a | n/a | ₹44b |
| Jun 30 2022 | n/a | n/a | ₹42b |
| Mar 31 2022 | ₹3m | ₹1m | ₹41b |
Compensation vs Market: Shanti's total compensation ($USD48.81K) is below average for companies of similar size in the Indian market ($USD572.91K).
Compensation vs Earnings: Shanti's compensation has increased by more than 20% in the past year.
CEO
Shanti Jain (58 yo)
2.7yrs
Tenure
₹4,074,326
Compensation
Mr. Shanti Lal Jain serves as Managing Director, Director and Chief Executive Officer of Indian Bank since September 1, 2021. He is Non-Executive Nominee Chairman of Universal Sompo General Insurance Compa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.7yrs | ₹4.07m | 0.000050% ₹ 369.2k | |
| Executive Director | 1.5yrs | ₹2.49m | 0.00010% ₹ 738.5k | |
| CFO & GM of Accounts | 2.2yrs | no data | no data | |
| GM – Estate & BOD and COO | 1.3yrs | no data | no data | |
| CGM of IT | 4.3yrs | no data | no data | |
| Assistant GM | 3.8yrs | no data | no data | |
| CGM of CDO & CLO | 3.2yrs | no data | no data | |
| General Manager of CCD | 1.3yrs | no data | no data | |
| CGM of RMD & Chief Risk Officer | 4.3yrs | no data | no data | |
| Chief General Manager | no data | no data | no data | |
| Executive Director | less than a year | no data | no data | |
| Chief Vigilance Officer | no data | no data | no data |
2.4yrs
Average Tenure
54yo
Average Age
Experienced Management: 532814's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.7yrs | ₹4.07m | 0.000050% ₹ 369.2k | |
| Executive Director | 1.5yrs | ₹2.49m | 0.00010% ₹ 738.5k | |
| Executive Director | less than a year | no data | no data | |
| Executive Director | less than a year | no data | no data | |
| Executive Director | less than a year | no data | no data | |
| Government Nominee Director | 1.7yrs | no data | no data | |
| Shareholder Director | 2.6yrs | no data | 0.000010% ₹ 73.8k | |
| Independent Part-Time Non-Official Director | 2.4yrs | no data | no data | |
| Independent Part-Time Non-Official Director | 2.4yrs | no data | no data | |
| RBI Nominee Director | less than a year | no data | no data | |
| Shareholder Director | less than a year | no data | no data |
1.5yrs
Average Tenure
58yo
Average Age
Experienced Board: 532814's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.