Known for Banking and securities Award Padma Bhushan | Died 1 February 1995 | |
Born August 1934 Khushab, British India Occupation Banker
Corporate executive Awards Padma Bhushan
Goa World Man of the Year Award | ||
Suresh Shankar Nadkarni (1934–1995) was an Indian banker, corporate executive and the chairman of the Securities and Exchange Board of India (SEBI). Prior to his assignment with SEBI, he headed the Industrial Credit and Investment Corporation of India (ICICI) and the Industrial Development Bank of India (IDBI). He was also serving as a director of the Life Insurance Corporation of India (LIC) since 1993. He was credited with efforts in streamlining the Indian securities market and in introducing measures to prevent illegal trading of Stocks, including forward trading. The Government of India awarded him the third highest civilian honour of the Padma Bhushan, in 1989, for his contributions to society, making him the first banker to receive the honor. In 1992, he was chosen as the Goa World Man of the Year by Goa Today Magazine. He died on 1 February 1995, at the age of 60, succumbing to a heart attack.