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Mumbai, July 11

Mr Rajender Mohan Malla takes over as Chairman & Managing Director of Small Industries Development Bank of India (SIDBI) effective July 11, 2007. Mr Malla has varied experiences and professional expertise of over 30 years in the arena of both commercial and developmental banking. Starting his professional career as a Probationary Officer in Syndicate Bank in 1975, he handled various areas of core commercial banking such as resource mobilisation, advances to small indus tries and foreign exchange. Mr Malla joined IDBI in the middle management cadre when he handled diverse responsibilities in various capacities at the head office and branches of the erstwhile DFI, including Business Development, Treasury & Funding, Corporate Finance, Accounts, Merchant Banking, Human Resources and Administration. —

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