Suresh Shankar Nadkarni

Suresh Shankar Nadkarni (1934–1995) was an Indian banker, corporate executive and the chairman of the Securities and Exchange Board of India (SEBI).[1]

Suresh Shankar Nadkarni
BornAugust 22, 1934
Mumbai, India
Died(1995-01-31)January 31, 1995
Delhi, India
Occupation(s)Banker
Corporate executive
Known forBanking and securities
SpouseSulabha Nadkarni
ChildrenRajeev Nadkarni and Sanjeev Nadkarni
AwardsPadma Bhushan
Goa World Man of the Year Award

Prior to his assignment with SEBI, he headed the Industrial Credit and Investment Corporation of India (ICICI) and the Industrial Development Bank of India (IDBI).[2] He was also serving as a director of the Life Insurance Corporation of India (LIC) from 1993.[3][4] He was credited with efforts in streamlining the Indian securities market and in introducing measures to prevent illegal trading of stocks,[1] including forward trading.[5]

Together with Ravi Narain, RH Patil and others, he helped create the blueprint for the National Stock Exchange of India Limited (NSE) in 1992.

He died on 31 January 1995, at the age of 60, succumbing to a heart attack.[1][6]

Achievements

The Government of India awarded him the third highest civilian honour, the Padma Bhushan, in 1989, for his contributions to society,[7] making him the first banker so honoured.[2]

In 1992, he was chosen as the Goa World Man of the Year by Goa Today Magazine.[8]

References
  1. "Suresh Shankar Nadkarni; Indian Securities Official, 61". New York Times. 1 February 1995. Retrieved 10 May 2016.
  2. Gita Piramal (14 October 2000). Business Maharajas. Penguin Books Limited. pp. 254–. ISBN 978-93-5118-739-4.
  3. "People". Solid Business UK. 2016. Retrieved 10 May 2016.
  4. "Director Info - Suresh Shankar NADKARNI". Companies House. 2016. Retrieved 10 May 2016.
  5. "Forward trading urged for India". South China Morning Post. 6 February 1995. Retrieved 11 May 2016.
  6. "Deaths". Tulsa World. 1 February 1995. Retrieved 11 May 2016.
  7. "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2016. Retrieved 3 January 2016.
  8. "MAN OF THE YEAR". Goa Today. August 1996. Retrieved 10 May 2016.


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