Hargovind Sachdev
General Manager
Introduction
Hargovind Sachdev superannuated as a General Manager of the State Bank of India. Has over 39 years of experience across the State Bank of Travancore, State Bank of India, State Bank of Patiala, UCO Bank and United Bank of India
Our Expertise
Foreign Exchange, :
With extensive experience in the Foreign Exchange (Forex) market, Hargovind Sachdev possesses deep knowledge of global currency dynamics and market strategies. His expertise encompasses currency trading, risk management, and market analysis, enabling him to provide valuable insights and strategic guidance in navigating the complexities of the Forex market. His proficiency ensures optimized decision-making for both institutional and individual investors in the fast-paced and highly liquid Forex environment.
Corporate Credit:
Hargovind Sachdev is an expert in Corporate Credit, with a robust understanding of credit risk assessment, debt instruments, and corporate financial health. His expertise includes analyzing creditworthiness, structuring corporate loans, and managing credit portfolios. By leveraging his in-depth knowledge, Hargovind provides strategic advice that mitigates risks and enhances credit decisions, ensuring financial stability and growth for corporations and financial institutions alike.
Vigilance:
Hargovind Sachdev is highly skilled in the domain of Vigilance, specializing in ensuring compliance, detecting fraud, and implementing robust monitoring systems. His expertise extends to developing and enforcing vigilance policies, conducting thorough investigations, and fostering a culture of integrity within organizations. Through his vigilant oversight and strategic interventions, Hargovind effectively mitigates risks and upholds the highest standards of ethical conduct and transparency.
Climate Risk Mitigation in
Banks :
Hargovind Sachdev is an expert in Climate Risk Mitigation within the banking sector, with a deep understanding of the financial implications of climate change. He specializes in integrating climate risk assessments into banking operations, developing sustainable finance strategies, and aligning banking practices with environmental, social, and governance (ESG) standards. Hargovind’s expertise enables banks to proactively manage climate-related risks, ensuring long-term resilience and sustainability in an evolving regulatory landscape.
Professional Experience
Central European Credit Desk of the State Bank of India in Frankfurt, Germany, overseeing operations in 15 countries. His role as the CVO of UCO Bank & United Bank of India until 2016 further demonstrates his global influence and expertise.
Has undergone International Banking Training from the Asian Institute of Management, Manila, The Phillippines, in 2003 and Multi-currency lending technique training at the Euromoney Institute, London, in 2009.
Having been in charge of credit-intensive branches in New Delhi, Mumbai( India) and Frankfurt ( Germany), mitigating Credit, Market, Liquidity and Operational risks has been his prime focus. In the process, he implemented Basel’s capital adequacy norms in various regulations across India and Europe. Further, as a General Manager of the State Bank of innovating multiple financial products involving measurements of the Risk Weights of new loan products before launch, attracting Basel norms of Capital Adequacy at each stage. He now shares his knowledge of the Basel norms across seminars.
Hargovind Sachdev has a proven track record of mobilizing significant funds, including a single-term deposit of Rs.1000 crores from NHAI, New Delhi, for investment purposes. His success in canvassing multi-currency deposits for investment in Europe during his tenure in Frankfurt, Germany, further demonstrates his financial acumen and ability to attract investments.
He is an accomplished speaker, conducting seminars for institutions such as ONGC, National Housing Bank, Hindustan Aeronautics Limited, State Bank of India, Bank of Baroda, Canara Bank, Union Bank of India, Bandhan Bank, Gita Rattan Management
School, IP College for Women, University of Delhi, and NIIT University.
Hargovind Sachdev is an Independent Director at HPL Electric & Power Limited, ISF Limited, Ajivika Finance Limited, Innovace Advisors Private Limited, Bhama Designs Limited, Sharp Agricom Limited and Executive Director at Singhi Capital Finance Limited. He is also a Banking Advisor to the Law Firm SK Singhi & Partners LLP. Internationally, he
is a Director at Climate Risk & Finance Council, USA, and CSO Global Inc., USA.