Primary Dealers' Association of India | PDAI | About us

Board of Directors

The affairs of PDAI shall vest in the Board of Directors (“the Board”) which shall be the highest management and policy making Authority. It shall have all such powers and shall perform all such functions as may be necessary for carrying on the work of PDAI or for realising its objects and purposes.

Composition :

The Board comprises of Authorised Representatives of members of PDAI, who shall be elected by members as provided in its Articles of Association. At the conclusion of every annual general meeting of the Company, one-third of the elected directors shall retire from the Board and in whose place new directors may be elected at that annual general meeting by the members.

The following members constitute the present Board of PDAI.


	Mr. Pareed Sunil Managing Director & CEO, PNB Gilts Ltd., 4th Floor, Sansad Marg, New Delhi-110 001. Read more		Mr. Abhishek Sancheti Chief Executive Officer, Morgan Stanley India Primary Dealer Pvt. Ltd., Altimus, Level 39 & 40, Pandurang Budhkar Marg, Worli, Mumbai-400 018. Read more

	Mr. Prasanna Patankar Managing Director, STCI Primary Dealer Ltd., A/B-1801, A Wing, 8th Floor, Marathon Innova, Marathon Nextgen Compound, Off Ganpatrao Kadam Marg, Lower Parel (W), Mumbai-400 013. Read more		Mr. Vikas Jain Head of India FICC Trading, Bank of America, N.A., One BKC, A Wing, G Block, Bandra Kurla Complex, Bandra (E), Mumbai-400 051. Read more

	Mr. Pradeep Kumar Sehrawat General Manager (Treasury), IDBI Bank Ltd., 17th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Mumbai-400 005. Read more		Mr. Ankit Maheshwari Director & Head of Rates, Global Markets India, The Hongkong and Shanghai Banking Corporation Ltd., 52/60, Mahatma Gandhi Road, Fort, Mumbai-400 001. Read more

	Ms. Anubhuti Sanghai Managing Director & CEO, ICICI Securities Primary Dealership Ltd., 501-B, First International Financial Centre, Plot No. C-54 & 55, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400 098. Read more		Mr. Sunil Kumar Singh Managing Director & CEO, SBI DFHI Ltd., 5th Floor, Mistry Bhavan, 122, Dinshaw Vaccha Road, Churchgate, Mumbai-400 020. Read more

	Mr. Utkarsh Sharma Head of GEM Trading, Deutsche Bank AG, The Capita, 14th Floor, C-70, G-Block, Bandra-Kurla Complex, Mumbai-400 051. Read more

The Board, at present, consists of nine elected non-executive Directors representing a cross section of PDs. The composition of the Board represents an optimal mix of professionalism, knowledge and experience and enables the Board to discharge its responsibilities and provide effective leadership to the Association.

The members of the Board offer their time voluntarily to PDAI (being an Association). Since its inception in 1997, PDAI has always had Board members who had appropriate competency and technical skills for handling issues which arise and the responsibilities cast upon the Association by regulators.