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Last Updated on: 04-Aug-21

Key Managerial Personnel

Shri Manoj Mittal

Managing Director & Chief Executive Officer

Shri Manoj Mittal aged about 54 years has a track record of over 3 Decades in propelling organizational growth and profitability through strategic leadership, multi - functional expertise, building / optimizing organizational processes.

He worked as a Deputy Managing Director at Small Industries Development Bank of India (SIDBI) from Jan 2016 – Jan 2021. He was closely involved in the development of SIDBI Vision 2.0 and its successful implementation to emerge as a financially stronger impact institution.

He had played a lead role in restructuring of dues of Banks to MFIs during the A.P. MFI Crisis in 2010 and implementation of responsible lending initiatives. He also has comprehensive experience in design, management and impact evaluation of various sustainability and developmental programs funded by multilateral agencies / Government of India. He is a Strong Votary of Credit Plus approach for holistic development with expertise in extending capital (Debt and Equity) and development support to MSMEs / Startups, financial intermediaries - Banks / Non-Banking Finance Companies / Micro Finance Institutions, Alternate Investment Funds.

Besides IFCI Ltd. Shri Manoj Mittal is also on the Board of Stock Holding Corporation of India Ltd., IFCI Venture Capital Funds Ltd. IFCI Factors Ltd. and IFCI Infrastructure Development Ltd. Shri Manoj Mittal is also on the Board of Governors of Management Development Institute, Gurgaon.


Shri Sunil Kumar Bansal

Deputy Managing Director

Shri Sunil Kumar Bansal is a Chartered Accountant from ICAI, New Delhi, Cost Accountant from ICWAI, Kolkata and holds Diploma in Treasury and Forex Management from ICFAI, Hyderabad. He secured All India rank 23rd in CA Final. Shri Bansal served in NABARD at several positions and having vast experience of more than 35 years out of which 22 years as senior executive at NABARD as an Investment Manager, Financial Consultant and Development Banker.

Shri Bansal is having cumulative 10 years Board level experience in organizations like SIDBI, NABCONS & NABVENTURE. Shri Bansal headed state of Chhattisgarh and Madhya Pradesh Regional Office as Officer-in Charge/ Chief General Manager.

Shri Bansal has also proven his expertise as member of important Committees set up by Government of India like (i) Working Group on KCC constituted by DFS, MoF, GoI to review the Kisan Credit Card Scheme; (ii) Sarangi Committee on Interest Subvention and DBT; and (iii) Project Management Group where he headed the group which in consultation with Boston Consultancy Group redesigned financial and developmental products at NABARD.

Shri Bansal has headed/participated in several studies and training programme like Study of Micro-credit institutions in Philippines (1998), Exposure visit to 05 European Countries on ‘Management of Change’(2002), ‘Programme on Advanced Corporate Finance’ at London Business School, London (2008), Program on Financial Inclusion and Agriculture Credit, Brazil(2014) etc. Shri Bansal has Specialized Skills in Fund, Liquidity & Treasury Management, Domain knowledge in Finance and Supervision. He has conducted investigations in investment operations of Apex Cooperative Banks.

Besides IFCI Ltd. Shri Sunil Kumar Bansal is also Director on the Boards of Stock Holding Corporation of India Ltd., IFCI Venture Capital Funds Ltd. and MPCON Ltd.


Ms. Jhummi Mantri

General Manager and Chief Financial Officer


Ms. Jhummi Mantri is a qualified Chartered Accountant and is working with IFCI Ltd. since 2001. She has an experience of around 18 years and has handled Accounting, Taxation, Treasury, Investment, Forex and Resources Functions in IFCI.

Ms. Jhummi Mantri is currently holding the post of General Manager and is heading Corporate Accounts & Taxation and Integrated Treasury Departments.


Ms. Rupa Deb

General Manager & Company Secretary


Ms. Rupa Sarkar, Company Secretary, IFCI is an Associate Member of the Institute of Company Secretaries of India, having around 21 years of work experience. She has had experience of working both in Corporates as well as Consultancy.

She has been associated with IFCI Limited since December 2007.

She is a Commerce Graduate from Banaras Hindu University. She also holds a bachelor degree in Law from the University of Delhi.