Mr. Banka is currently Senior President at the Aditya Birla Group. With diverse experience exceeding 22 years in business, strategy, principal investing, M&A, post-merger integration, capital markets & CXO-level roles, he brings unique value-creation abilities, commercial acumen and strong team management skills.
As founding CEO, he had set up Aditya Birla Private Equity (ABPE) in 2009 by building team and raising ~$200m in domestic funds. In his personal capacity, Mr. Banka is a mentor/ investor in start-ups and mentors entrepreneurs through Indian Angel Network (IAN) and Mumbai Angels (MA) and as Charter Angel at Venture Nursery (VN) and The Indus Entrepreneurs (TiE).
Prior to ABPE, he played a pivotal role in expanding Aditya Birla Group through complex M&A and organic means as Head - Group Finance. Before joining Aditya Birla Group in 1994, he was responsible for capital markets, corporate M&A advisory and managed PSU clients at the Indian JV of J. P. Morgan with ICICI.
Mr. Banka is Fellow Chartered Accountant, Associate Cost & Management Accountant from Institute of, a member of Institute of Company Secretaries of India (ICSI) and Bachelor of Commerce. He has graduated in Independent Directors Certification Program, conducted by Board Evaluation Limited, UK. He is a member of National Committees of CII i.e. Capital Markets and Private Equity and a member of Capital Markets Committee and Private Equity Committee of FICCI. He is an elected member of Executive Committee of Indian Private Equity & Venture Capital Association (IVCA). He is recipient of the prestigious “Professional Achiever - Finance Sector” Award from the ICAI and authored monthly column ‘Bankanomics’ for “The Entrepreneur”, a Network 18 business magazine aimed at early-stage entrepreneurs.