Arijit Basu

Senior Consultant

In a world that is being constantly disrupted, it is important to continually be aware of the changes to take the best corporate decisions.

Arijit Basu, a Senior Consultant at the Firm, specialises in Banking & Finance and Regulatory & Securities Laws matters. Arijit, the former Managing Director of the SBI, has held several, key board–level and crucial leadership positions in the State Bank Group over the last 6 years. He has over 3 decades’ experience in financial services, spanning all key bank verticals, including Retail Banking, Commercial & Corporate Banking, International Banking, Human Resources, Business Process Re–Engineering, IT and Risk Management. As a full–time Director of SBI, he is specifically in charge of the Commercial Clients Group, Risk Management & IT. He has an in–depth understanding of the life insurance sector, having served as MD & CEO of SBI Life Insurance for 4 years when the company successfully listed.


  • Chairman, Board of HDB Financial Services, NBFC subsidiary of HDFC bank (June 2021 Present)
  • Chairman of the working group on Project Finance constituted by the Inter Ministerial Steering Committee on the National Infrastructure Pipeline (2020)
  • Member of the Academic Advisory Council, College of Supervisors, Reserve Bank of India (January 2021 – present)
  • Member, Insolvency and Bankruptcy Committee of the CII (2020 – 2021)
  • Chairman, Banking and Finance Committee of Indian Merchants Chamber, Mumbai (2020 – 2022)
  • Member of the Group of CEOs set up to draw a Vision 2030 for the life insurance industry in India by IRDAI (2016)

Professional Qualifications

  • Certified Associate of the Indian Institute of Bankers (1991 – Present)
  • MA, History ,University of Delhi (1982 – 1984)
  • BA (Hons), Economics, University of Delhi (1979 – 1982)