Alok Pande (53) was appointed as a Non-Executive Director on the ITC Board effective July 27, 2024, representing the Specified Undertaking of the Unit Trust of India ('SUUTI').
Pande, a senior Civil Servant specialised in Finance, is presently Additional Secretary, Department of Investment and Public Asset Management ('DIPAM'), Ministry of Finance, Government of India ('GoI'). He holds a Bachelors Degree in Engineering (Mechanical) from the Motilal Nehru National Institute of Technology, Allahabad, and has also completed Fellow Programme in Management (Doctorate) from the Indian Institute of Management, Bangalore, in the area of capital markets.
Pande qualified the Civil Services Exam of 1993 and belongs to the 1994 batch of the Indian Postal Service. In his career spanning over 30 years, he has held various positions in the GoI, including Joint Secretary - DIPAM, and Director - Department of Financial Services ('DFS') in the Ministry of Finance. As Joint Secretary, he handled the IPO of Life Insurance Corporation of India and played a key role in listing of three more Government companies viz., Mazagon Dock Shipbuilders Limited, Indian Railway Finance Corporation Limited and RailTel Corporation of India Limited. As Director - DFS, he was instrumental in the launch and execution of the Pradhan Mantri Jan Dhan Yojana. He has also handled the IT Project of the Department of Posts, Ministry of Communications, as Deputy Director General. He is a Member of the Body of Persons / Administrator of SUUTI.
Other Directorships
Name of the entity | Position |
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Indian Bank | Nominee Director |