Qualified Chartered Accountant with a Post Graduate Diploma in Bank Management having over 37 years’ experience in the areas of Banking & Finance, Corporate and Taxation Laws, Accounting Standards, Audit Functions, Compliance, Administration etc.
Joined Bank of India, a Public Sector Bank as Direct Recruit Officer in April 1974. Held various positions at field level including overseas posting and in administrative offices, posted as General Manager and Chief Financial officer of the Bank from October 21, 2002, to April 30, 2006, and thereafter as Chief Risk Officer up to February 28, 2007.
Deputy Managing Director, Small Industries Development Bank of India (SIDBI) from March 01, 2007, to August 30, 2009. This was a Board Level appointment at par with whole time Directors of Public Sector Banks.
Chairman & Managing Director, Syndicate Bank from August 31, 2009, to February 29, 2012.

Has held the post of central information commissioner, Government of India from 01/03/2012 to 15/02/2017 and was Independent Director on the Board of State Bank of India from 26/06/2017 to 25/06/2020. He is presently Independent Director on the Board of various companies and Independent External Monitor (IEM) for Indian Oil Corporation Ltd, NBCC Ltd and NHDC Ltd.
Worked as Member of Auditing and Assurance Standards Board and also Study Group on International Financial Reporting Standards constituted by Institute of Chartered Accountants of India and Committee on Taxation constituted by Indian Banks Association.

MR. BASANT SETH