Dr. S. Ravi stands as one of India’s most respected financial leaders, bringing together deep academic insight and decades of boardroom experience across the country’s most critical financial and industrial institutions. A Fellow Chartered Accountant with a Doctorate in Finance and Commerce, he is also DISA certified in Information Systems Audit, an Insolvency Resolution Professional, and a distinguished member of the Association of Certified Fraud Examiners (CFE), USA. His career reflects a rare combination of technical expertise, strategic foresight, and unwavering commitment to institutional integrity.
With over 37 years of experience at the board level, Dr. Ravi has played a pivotal role in shaping governance and financial oversight across a wide spectrum of sectors including banking, NBFCs, mutual funds, home finance, capital markets, PSU banks, and large public limited companies. His presence on numerous high-level committees underscores his credibility as a trusted advisor and decision-maker in matters of national financial importance. Throughout his career, he has demonstrated exceptional leadership in areas such as audit, risk management, NPA resolution, asset-liability management, IT strategy, fraud monitoring, corporate governance, human resources, ethics, and financial management.
Dr. Ravi has served on the boards of several of India’s most prominent institutions, including Hindustan Aeronautics Limited (HAL), Oil and Natural Gas Corporation (ONGC), Bharat Heavy Electricals Limited (BHEL), LIC Housing Finance, IDBI Bank, Union Bank of India, and Corporation Bank, among others. His contributions to these organizations have been instrumental in strengthening governance frameworks and ensuring sustainable financial practices. In the insurance sector, he served on the boards of Star Union Dai-ichi Life Insurance Company Limited and Aditya Birla Health Insurance Company Limited for two terms, where he also chaired their Audit Committees, reinforcing transparency and accountability.
A defining highlight of his career was his tenure as Chairman of BSE Limited and UTI Trustee Company Private Limited, where he provided visionary leadership during periods of significant transformation in India’s financial markets. In 2003, he was appointed by the Government of India and the Reserve Bank of India as Chairman of the Technical Experts Committee tasked with the strategic turnaround of Punjab & Sind Bank—an assignment that reflected the highest level of trust in his expertise.
Dr. Ravi’s association with regulatory and advisory bodies further reflects his influence in shaping financial policy and governance standards. He has served as a member of SEBI’s Takeover Panel and the Mutual Fund Advisory Committee, contributing to critical regulatory decisions impacting India’s capital markets. His thought leadership and industry recognition are further evidenced by his role as Jury Chair for ICAI’s Awards for Excellence in Financial Reporting for 2023–24 and 2024–25, as well as for BusinessWorld’s Festival of Fintech Awards in 2024 and 2025.
Currently, Dr. Ravi continues to hold several prestigious board positions. He serves as Chairman of Tourism Finance Corporation of India Ltd, where he is also a member of key committees including Audit, Nomination and Remuneration, and Stakeholders Relationship Committee. He is the Non-Executive Chairman and Independent Director at 360 One Asset Management Ltd (formerly IIFL Asset Management Limited), where he also chairs the Unit Holder’s Protection Committee and Risk Management Committee. His governance expertise extends to roles with ICAI International ADR Centre, Aditya Birla ARC Limited, Aditya Birla Money Limited, Usha Martin Ltd, Granules India Ltd, PCBL Chemical Limited, and Dalmia Cement (Bharat) Limited, where he continues to guide strategic and financial decision-making at the highest level.
In addition to his extensive boardroom contributions, Dr. Ravi is the Founder of Ravi Rajan & Co. LLP, a chartered accountancy firm established in 1989. Under his leadership, the firm has handled a wide array of high-impact assignments. These include projects undertaken for the World Bank in corporate social responsibility, diagnostic studies of Jharkhand State Electricity Board commissioned by a high-level panel constituted by the Prime Minister, and investigative assignments such as the review of UP Stock Exchange on behalf of SEBI. His firm has also conducted turnaround studies, including for Modi Rubbers Limited, and contributed to significant structural reforms like the demutualization study of the Delhi Stock Exchange.
Dr. Ravi’s advisory expertise spans mergers and acquisitions, valuations, restructuring, and strategic turnaround initiatives. He has also undertaken assignments for the Administrator of the Specified Undertaking of UTI, including valuation of investments and advisory services for mergers within UTI entities. Notably, he has conducted end-use audits of the Prime Minister’s Relief Fund, reflecting the trust placed in him for matters of national importance. His firm has been actively involved in central statutory audits of public sector banks and Maharatna PSU entities, as well as performance evaluations of SEBI-registered Market Infrastructure Institutions.
A prolific thought leader, Dr. Ravi regularly contributes to leading financial dailies and business publications, sharing insights on evolving financial landscapes and governance practices. His expertise is widely sought after, and he was recently invited by ASSOCHAM to chair a session at their National Conference on the Changing Landscape of Accounting and Reporting.
Dr. S. Ravi’s journey is a testament to excellence, integrity, and sustained impact. His contributions have not only strengthened institutions but have also played a significant role in shaping India’s financial ecosystem. Through his leadership, mentorship, and continued engagement with policy and practice, he remains a guiding force in the world of finance and corporate governance.