Shri Sushil Muhnot was the Former Chairman & Managing Director of Bank of Maharashtra. He has wide experience in Banking and financing the industrial sector in India. Out of his 34 years rich experience, he worked as Chairman & Managing Director of SIDBI for two years and prior to that he held the positions of Executive Director of IDBI ltd and Managing Director and CEO of IDBI capital Market Services Ltd. He spent 28 years in IDBI Bank where he worked in varied capacities of project finance, Treasury, Business Development, Capital Markets, Merchant Banking, trade Finance etc.

His Key milestone achievements in Bank of Maharashtra are - maintained Profitability for FY14, FY15, and FY16, despite stressed conditions, Improved governance by functional reorganization (separating sales, centralized processing of loans, Introduced resolution and recovery agents, created business verticals), Enhanced focus on high value customers and Increased "Financial Inclusion" with superior performance in PM's Jan Dhan Yojana and for IBDI include, growing outreach and retail business of IBDI Bank Ltd and IDBI Capital, setting up of investment banking division, effective utilization of foreign lines of credit/technical assistance/IDA etc, ISO: 9000 certification for treasury and trade finance departments of IDBI Bank Ltd etc

Shri Sushil Muhnot is a B. Text (Tech), MBA with CAIIB and Masters in Ecology and Environment.