Dr R. Bhaskaran is currently engaged as a mentor-consultant and Strategic Training Adviser to a MFI which has received in principle approval from the regulator for establishing a SFB.
He has more than 4 decades of experience in the field of banking and finance, and training and development. He started his career as an officer with Bank of India (1975) one of the large PSU banks of the country. From there he moved on to NABARD (1980) where he worked in various capacities and various business verticals such as refinance, project appraisal, strengthening credit delivery system, fund, treasury management (Treasury in charge), Bankers Institute of Rural Development (BIRD) an apex institute in agriculture banking promoted by NABARD as Joint Director and Director in charge. In NABARD he reached the level of Chief General Manager (2002) looking after policy and operations for cooperative banks and institutional development.
Thereafter he worked as CEO of Indian Institute of Banking & Finance (2004). His transformational leadership of IIBF is well known which made the institute possibly the largest and leading institute of bankers in the world. He improved the quality and delivery efficiency of the courses by updating the material and improving student services. He introduced many new courses based on the contemporary needs if banks in India. He used the disruptive power of technology to grow the institute. IIBF is now known for a large number of professional on-line certificate and diploma courses which it offers to the banking fraternity all of which are fully supported with E-learning and Video. IIBF has adopted various on-line systems for candidate application, payment of fees, examination and issue of certificates, in fact all activities of the Institute have been fully computerised. His passion for rural development resulted in the introduction of special courses for training the front line staff for financial inclusion. He was instrumental in IIBF publishing more than 50 specialised books in many banking subjects. In IIBF he designed and introduced five levels of qualification catering to five levels of competency. IIBF was able to offer its courses across the country thanks to the innovative use of on-line testing and offering e-learning and web/video classes. Despite charging very nominal fee per exam IIBF’s balance sheet could grow 4 times during his 10-year tenure. In view of this he was able to move IIBF into a modern office cum institute premises and also establish a leadership centre for banking which offers advanced management courses and trainings. He spearheaded IIBF’s international foray and was able to customised the JAIIB and CAIIB the two professional banking qualifications of IIBF which enabled adoption of these courses by many countries.
After his tenure in IIBF he worked as Director Centre of Excellence in Banking and Finance of NIIT University, Neemrana for about a year.
Dr.Bhaskaran has published three books, four working papers and many articles in the area of banking and finance and capacity building. He has presented papers in International and National conferences. He has organised seminars and workshops in many countries. He has handled a large number of consultancies. He is currently a board member in few companies and Member Board of Supervision of NABARD which is the apex body for supervising the Cooperative Banks and Regional Rural Banks in the country.