Mr. Bhavesh Zaveri

Mr. Bhavesh Zaveri is the Executive Director of the Bank with effect from April 19, 2023. He heads the ATM, Operations and Administration functions.

In his previous role as Group Head – Operations & ATM Product, he was responsible for Business and Operations across the country and for creating and delivering a flawless operations execution capability, across the diversified product suite of the Bank. He catered to the Corporate, MSME & Retail verticals including for Assets, Liabilities and for Transaction Services of Payments & Cash Management, Trade Finance & Treasury, and ATM Product. Mr. Zaveri has experience of over 36 years and has headed the critical functions of Operations, Cash Management and Technology at the Bank.

He joined the Bank in 1998 in the Operations function and became Business Head - Wholesale Banking Operations in the year 2000. He was appointed as Group Head - Operations in 2009 and assumed additional responsibilities of the Information Technology (IT) function in 2015.

In his role as Group Head – IT, he contributed to the digital transformation of the Bank by embracing technology to ensure operational efficiency resulting in improved customer experience across different product offerings of the Bank.

He has also participated in Reserve Bank of India’s (RBI) Internal Payments Council Meet and was part of the Umbrella Organization for Payments Committee of 2004 that led to the formation of National Payments Corporation of India (NPCI). He is the only elected Indian from India on the SWIFT Scrl Brussels Global Board, Brussels. He has been featured twice in the “Who’s Who in Treasury and Cash Management” by Global Trade Review. Mr Zaveri has also been a member of various committees formed by the RBI and Indian Banks’ Association. He previously served on the Board of Swift India Domestic Services Private Limited, The Clearing Corporation of India Limited, National Payments Corporation of India Limited, Goods & Services Tax Network Limited, HDB Financial Services Limited and HDFC Securities Limited.

Prior to joining the Bank, Mr. Zaveri worked for Oman International Bank and Barclays Bank. He holds a Master’s Degree in Commerce from Mumbai University and is a Certified Associate of the Indian Institute of Bankers.