Mr. Sanjay Banka

Board Member

Mr. Sanjay Banka is a distinguished finance professional with over 28 years of experience, currently serving as the Chief Financial Officer (CFO) of Senco Gold and Diamonds, a leading national retail jewelry brand. His career has spanned leadership roles in some of the most prominent companies across diverse industries, such as Tata, Hutchison, Reliance, Bharti Airtel, Sistema Russia (MTS), SREI, and Merino, covering retail, infrastructure, telecom, and manufacturing sectors.

At Senco Gold and Diamonds, Mr. Banka has led the company through its successful IPO in July 2023, positioning it as one of India’s top jewelry brands with a market capitalization reaching Rs 10,000 crore. In addition to his role at Senco, his leadership experience includes serving as CFO for Merino Group and Bharat Road Network Ltd., where he led crucial finance, legal, and compliance functions, including successfully managing IPOs and large-scale business transformations.

Mr. Banka's academic background is equally impressive, with qualifications from The Institute of Chartered Accountants of India (FCA) and The Institute of Company Secretaries of India (FCS), complemented by advanced certifications in securities and investments from the Chartered Institute for Securities & Investment (MCSI, London). He also holds a certificate in Private Equity from SDA Bocconi, further enriching his capabilities in strategic finance.

Mr. Banka is renowned for his hands-on experience in steering strategic initiatives, managing fund-raising, treasury, and operational planning, while fostering growth and efficiencies across geographies. His competencies extend into mergers and acquisitions, US GAAP and IFRS compliance, and corporate governance, demonstrated by his successful stints in managing complex regulatory environments and delivering measurable results.

A thought leader in the finance community, Mr. Banka has contributed to industry publications on financial innovation, mergers, and strategic benchmarking. He has chaired notable forums like the MENA CFO Conference in Dubai and has been a panelist at the Economic Times CFO Summit. Among his many accolades, Mr. Banka was recognized as one of the Top 10 CFOs in 2019.

Mr. Banka’s unique approach, guided by his "Inspire, Ideate, Innovate" mantra, enables him to lead teams effectively while driving transformation and fostering business growth across multiple industries. His board-level experience spans countries including India, Japan, Singapore, Malaysia, and Dubai, underscoring his global influence in financial strategy and corporate leadership.