Management Team

Mr Nandkumar Saravade, CEO, ReBIT

Mr. Nandkumar Saravade is currently working as CEO, Reserve Bank Information Technology Pvt Ltd (ReBIT). ReBIT has been set up as a fully owned subsidiary of RBI for technology management and cyber security for RBI’s systems and the Indian banking sector. Till recently, he worked as CEO, Data Security Council of India, a think-tank specialising in cyber security policy research and advocacy. During 2013-15, he was an independent security professional and cybercrime expert, advising Ernst & Young and ICICI Bank. Till September 2013, he worked as Director, Citibank India, heading Security, Investigation and Vigilance. During 2008-2011, he worked as General Manager, Financial Crime Prevention Group, ..Read More


Mr Murlidhar Nambiar, Senior Vice President - Cybersecurity, ReBIT

Mr. Murlidhar Nambiar is currently working as Senior Vice President, Reserve Bank Information Technology Pvt Ltd (ReBIT) & is responsible for Cyber security of Reserve Bank. Mr. Nambiar has 24 years of rich IT & Information security experience as a strategist, innovator and visionary. He has been instrumental in setting up & managing the information security divisions for MashreqBank (Dubai), ICICI Bank and Reliance Capital group. During his tenure, he's implemented various innovative solutions like Data flow analysis (DFA), worked on key security solutions like Privileged Identity management, SIEM / SoC environments, Business Continuity planning / Disaster Recovery, Incidence response and recovery (including forensics) and many more. ..Read More


Mr Vivek Srivastav, Senior Vice President - Research and Innovation

Mr. Srivastav leads the Research and Innovation vertical at ReBIT. In this Industry facing role he is responsible for delivering ReBIT's threat intelligence strategy to strengthen cybersecurity posture for the financial sector, introducing new technologies for furthering the mandate of RBI of creating safe economic environment of growth and financial inclusion and working on policy research.
Mr. Srivastav started his career at Citibank’s software subsidiary COSL in 1997 and supported their central, eastern and European branch banking solutions and interfacing systems.Later he worked at a high-tech startup company in Maryland,USA leading development of ..Read More


Mr Joseph Joshy, Senior Vice President - IT Project Management

Mr Joseph Joshy heads the Project Management Vertical at ReBIT. This Vertical would advise, implement and manage IT projects of the Reserve Bank as mutually decided between the Reserve Bank and the subsidiary.
In his previous avatar, Mr Joshy was with a tier-1 IT MNC for about 16 years with stints in US, Canada and Mexico. He has proven skills in Project, Program and Portfolio Management and has managed multi-million dollar projects with teams across multiple time zones in US, Canada, UK, China, Philippines and India. He has rich exposure to Application Services Delivery across different Software Development Methodologies (Agile, Waterfall, Iterative etc.), ..Read More


Mr Jayaraman Pazhamalai, Senior Vice President - System Audit

Mr. Jayaraman, popularly known as JPM, heads the Systems Audit vertical at ReBIT. He has more than 2 decades of Industry experience in the areas of IT, and more specifically, in the Information Security domain. He was leading the Information Security function for Wipro, as the Global Chief Information Security officer (CISO), with the responsibility of protecting employee information, as well as customer data of several Global Fortune 500 companies. During this tenure, he was the driving force behind building the Information Security office from ground-up, including achieving BS 7799 Certified Enterprise certification, ITGC-SOX certification for IT and Non-IT entities, setting up the Cyber Security Audit function, ..Read More


Mr Shenoj Balaraman, Vice President - HR

Shenoj Balaraman is heading the Human Resource Function for Reserve Bank Information Technology Pvt Ltd (ReBIT). With over18 years of progressive experience augmented by a strong back ground in Human resources. Till recently he was working as the Head of HR for Tata Consultancy Services Pune & Goa managing 23 thousand employees based out of Pune & Goa.
Out of 18 years of HR work experience he has spent 12 years in TCS, where he has played multiple roles such the Recruitment Head for India West, Emerging Markets India HR Head, followed by overseas stint of 2 years in Latin America where he managed the talent management and deployment function for the local employee base.Areas of expertise would encompass Talent Deployment, Talent Acquisition, Strategic HR Planning. ..Read More