Rajan Anandan joins IDFC Bank's Board of Directors

This is subject to the approval of the Reserve Bank of India and the shareholders of IDFC Bank.

Rajan Anandan’s appointment expands the Board to nine Directors, seven of whom are Independent Directors.

Welcoming Rajan Anandan to the Board, Dr. Rajiv Lall, Managing Director & CEO, IDFC Bank, said, “We are delighted that Rajan has accepted to serve as Director on the board of IDFC Bank. He brings to the Bank a valuable perspective on the virtual world and energizes our ability to innovate. His appointment not only strengthens our Board’s breadth of expertise, it also adds depth to our understanding of the digital space.”

Rajan Anandan is the Vice President and Managing Director of Google South East Asia and India and is responsible for Sales and Operations in the region. Rajan is focused on expanding the Internet ecosystem in the region, increasing adoption among consumers and businesses and accelerating innovation. South East Asia and India, with over two billion consumers and 500 million Internet users, is the fastest growing Internet user base in the world.

Rajan joined Google in early 2011 to lead Google's business in India. His career includes leadership roles at Microsoft, Dell and McKinsey & Company.

Prior to Google, Rajan was the Managing Director of Microsoft India and built India's largest software business. Before joining Microsoft, he was a Vice President with Dell where he held several global leadership roles including that of the Executive Assistant to Chairman Michael Dell. Before Dell, Rajan was a Partner with McKinsey & Company in Chicago. He holds an MSc from Stanford University and a BSc from MIT.

Anandan’s guidance will be useful as IDFC Bank is set to offer a service proposition that is anchored in technology.