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Mr. Sunil Mehta has forty years of proven leadership experience in banking, financial services, insurance, and investments with leading financial institutions namely Citibank, AIG, SBI, PNB, and YES Bank amongst others. In 2013, he left AIG where he was the Country Head & CEO for AIG India since 2000. Subsequently started SPM Capital Advisers, a leading boutique business advisory and consulting firm. 


As Country Head, he set up and was responsible for all ten AIG businesses covering Insurance (Tata AIG General Insurance & Tata AIA Life Insurance), Financial Services, Real Estate, Asset Management, and Investments amongst others. He was on the Board of all AIG Companies in India and the Board of IDFC Ltd. for several years. Prior to joining AIG, Mr. Mehta worked with Citibank for over 18 years where he held various senior positions. His last assignment was as Corporate Bank Head for Citibank India and Senior Credit Officer. 


Mr. Mehta was appointed Chairman of YES Bank by GOI Notification in March 2020 under the Bank’s Reconstruction Scheme. He led the Board during the Bank's very successful turnaround till July 2022 when Alternate Board was appointed as per Reconstruction Scheme. Mr. Mehta was Non-Executive Chairman of PNB from 2017 till February 2020. He was an Independent Director on the Board of State Bank of India from 2014 to March 2017. He is presently a Board Member of ACC Ltd. (Holcim Group) and several other companies. Mr. Mehta helped startup digital Acko General Insurance and was on its initial Board.


In addition, he is Senior Advisor to notable international corporations amongst his business responsibilities at SPM Capital.


Mr. Mehta is on the Global Advisory Board of Kearney.

In 2018, Mr. Mehta Chaired the Shashakt Committee for Resolution of Stressed Assets as appointed by the then Finance Minister. The Committee presented its report in July 2018 with its recommendations under implementation.


Mr. Mehta is the founding Board Member of the Asia Society India Centre and Past Chairman of the American Chamber of Commerce (AMCHAM India). He is currently on the India Advisory Board of the US-India Strategic Partnership Forum (USISPF).


He is the immediate Past Chairman of Action for Ability Development and Inclusion, a founding Board Trustee and Past Chairman of United Way India and Mumbai and was a member of the Global Transition Board of United Way Worldwide. 


Mr. Mehta is a graduate of Shri Ram College of Commerce, Delhi University. He is a Fellow Member of the Institute of Chartered Accountants of India and an Alumni of the Wharton School of Management, University of Pennsylvania, USA.

Sunil Mehta

Chairman, IndusInd Bank
Ex Board member, SBI
Ex Chairman, Yes Bank

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