Somnath Adhya
Quatre Bornes
Summary
Top Executive Grade Professional in General Manager grade, with a comprehensive managerial experience of over 25 years in a wide range of banking businesses, including Branch Management/ operations, Human Resources, Credit, Retail Banking, Management of Superannuation Funds and International Banking.
Overview
24
24
years of professional experience
Work History
General Manager
SBI DIFC Dubai
01.2021 - Current
- The advances have registered an impressive net growth of $ 600.00 Mio during 2021-22
- The marketing efforts were intensified during the year to book long term local based quality assets from reputed corporates
- Reputed accounts like ADNOC, Govt of Sharjah, National bank of Oman, Reliance, National Bank of Mauritius, etc were onboarded and financed
- Corporate Governance at the branch was given immense importance and policies and procedures were reviewed and significant improvements were done
- Regular meetings with the regulator were held and the reputation of the Bank has immensely improved during the year
- The branch enjoys a healthy relationship with the regulator and has a zero tolerance for regulatory compliance
Deputy General Manager
Corporate Centre, Mumbai
01.2017 - 01.2021
- Independently led a team for investment in three large superannuation funds having fund size of USD14 billion, USD 2 billion, USD 5 billion respectively with variable liability patterns, and risk profile of funds
- Responsible for projection of future liabilities, market movements and corresponding asset classes
- Managed amalgamation of superannuation funds of subsidiary banks with end-to-end policy framework
- Re-oriented and re organized the 3 Superannuation fund having total fund size of USD 21 billion with yearly cash outflow of USD 1.80 billion and inflow USD 3 billion respectively
- Responsible for Treasury Operation, Credit Assessment of Corporate Bond Portfolio, Management of Market Risk, Investment Risk, Investment Policy formation and its annual review, Cash flow management and Asset Liability Management function
- Overall responsibility for the Balance Sheet and Profit and Loss of all three Superannuation funds as signatory of the balance sheet
Assistant General Manager
AGM HR, LHO Kolkata
01.2015 - 01.2017
- Responsible for implementation of business strategy and assisted vertical Head having a balance sheet size of USD 18 billion
- Responsible for assisting the vertical head for scrutiny of commercial / wholesale banking credit proposals
- The responsibility was also encompassing scrutiny of proposals pertaining to all facet of banking viz
- Commercial banking, Administration and Compliance emanating from three different states having varied Geography, Industries, operational and compliance requirement
Assistant General Manager
Regional Office, Kolkata
01.2015 - 12.2015
- Being the Cluster Head, controlled 41 independent business heads and units with overall responsibility for credit, liability, administration, compliance including AML & CFT and audit of entire Cluster
- Guided 41 independent CEOs for and their business plan for sourcing and sanctioning credit proposal
- Handled a total business of about USD 1 billion in the Cluster
Assistant General Manager
SBI Salt Lake in Kolkata
01.2013 - 01.2015
- Successfully handled seven independent branches leading 20-100 team members in branches with responsibilities encompassing assets, liabilities, profitability, compliance, risk management, IT and operational aspects of the business unit
- Being Head of the Branch, he was inter-alia responsible for the following: Overall business development, mainly end to end asset creation including commercial credit proposals
- Raising liabilities in form deposits in transactional accounts as well as time deposits to meet asset funding
- Regular review of commercial credit accounts for management of credit risk
- Signatory to all financial and compliance forms of the Branch
- Operation and Administrative aspects of the branch
- Management of Compliance, AML & CFT, Risk & Audit Parameters
Chief Manager
CGM Secretariat, Kolkata
01.2011 - 01.2013
- Responsible for implementation of business strategy and assisted vertical Head having a balance sheet size of USD 18 billion
- Responsible for assisting the vertical head for scrutiny of commercial / wholesale banking credit proposals
- The responsibility was also encompassing scrutiny of proposals pertaining to all facet of banking viz
- Commercial banking, Administration and Compliance emanating from three different states having varied Geography, Industries, operational and compliance requirement
Chief Manager
Various Branches
01.2007 - 01.2011
- Successfully handled seven independent branches leading 20-100 team members in branches with responsibilities encompassing assets, liabilities, profitability, compliance, risk management, IT and operational aspects of the business unit
- Being Head of the Branch, he was inter-alia responsible for the following: Overall business development, mainly end to end asset creation including commercial credit proposals
- Raising liabilities in form deposits in transactional accounts as well as time deposits to meet asset funding
- Regular review of commercial credit accounts for management of credit risk
- Signatory to all financial and compliance forms of the Branch
- Operation and Administrative aspects of the branch
- Management of Compliance, AML & CFT, Risk & Audit Parameters
Manager
Various Branches
01.2001 - 01.2007
- Successfully handled seven independent branches leading 20-100 team members in branches with responsibilities encompassing assets, liabilities, profitability, compliance, risk management, IT and operational aspects of the business unit
- Being Head of the Branch, he was inter-alia responsible for the following: Overall business development, mainly end to end asset creation including commercial credit proposals
- Raising liabilities in form deposits in transactional accounts as well as time deposits to meet asset funding
- Regular review of commercial credit accounts for management of credit risk
- Signatory to all financial and compliance forms of the Branch
- Operation and Administrative aspects of the branch
- Management of Compliance, AML & CFT, Risk & Audit Parameters
Education
Certified Anti- Money Laundering Specialist -
ACAMS
Chicago, USA01.2020
Post Graduate Executive Management Programme - MBA
S.P Jain Institute of Management & Research
Mumbai, India01.2011
Certified Associate of Indian Institute of Bankers -
Indian Institute of Banking & Finance
Mumbai, India01.2002
Master of Science -
GB Pant University of Agriculture and Technology
Pantnagar, India01.1991
Skills
- Financial analysis
- Risk management
- Regulatory compliance
- Team leadership
- Client relationship management
Languages
- English
- Hindi
- Bengali
Personal Information
- Date of Birth: 04/01/67
- Nationality: INDIAN
- Marital Status: Married
Achievements
Chief Executive Officer, SBI DIFC Dubai Branch, 01/01/21 - Present, The advances have registered an impressive net growth of $600.00 Mio during 2021-22., Intensified marketing efforts to book long term local based quality assets from reputed corporates., Improved corporate governance and reviewed policies and procedures., Maintained a healthy relationship with the regulator with zero tolerance for regulatory compliance., Administrative Experience, 01/01/11 - 12/31/13, Implemented business strategy for a balance sheet size of USD 18 billion., Scrutinized commercial/wholesale banking credit proposals., Investment Management, 01/01/17 - 12/31/21, Led a team for investment in three large superannuation funds., Managed amalgamation of superannuation funds with a total fund size of USD 21 billion., Cluster Head, 01/01/15 - 12/31/15, Controlled 41 independent business heads and units., Handled a total business of about USD 1 billion in the Cluster., Head of Branch(es), 01/01/01 - 12/31/10 & 01/01/13 - 12/31/14, Successfully handled seven independent branches., Responsible for overall business development and compliance.
Timeline
General Manager
SBI DIFC Dubai
01.2021 - Current
Deputy General Manager
Corporate Centre, Mumbai
01.2017 - 01.2021
Assistant General Manager
AGM HR, LHO Kolkata
01.2015 - 01.2017
Assistant General Manager
Regional Office, Kolkata
01.2015 - 12.2015
Assistant General Manager
SBI Salt Lake in Kolkata
01.2013 - 01.2015
Chief Manager
CGM Secretariat, Kolkata
01.2011 - 01.2013
Chief Manager
Various Branches
01.2007 - 01.2011
Manager
Various Branches
01.2001 - 01.2007
Certified Anti- Money Laundering Specialist -
ACAMS
Post Graduate Executive Management Programme - MBA
S.P Jain Institute of Management & Research
Certified Associate of Indian Institute of Bankers -
Indian Institute of Banking & Finance
Master of Science -
GB Pant University of Agriculture and Technology
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