Shri B. Sambamurthy, took over as Director, Institute for Development and Research in Banking Technology, in November 2008.

Prior to taking over as Director, Shri Sambamurthy, held the position of Chairman and Managing Director of Corporation Bank from April 2006. He was also the Executive Director of Indian Bank from 2004 and Non-Executive Chairman of Indian Bank Housing and Capital Market Subsidiaries.

Shri Sambamurthy, a Chartered Accountant, has over three decades of experience in Banking, starting his career with the Syndicate Bank in 1976. During his career, he has handled various functions such as Treasury, International Banking, Human Resources, Risk Management, Information Technology and Bancassurance. He handled the Bank's London Branch and the prestigious Mumbai Zone.

He has also held various positions including Secretary of Indian Banks' Association, U.K. Chapter at London; Vice-Chairman of Foreign Exchange Dealers Association of India; Chief Examiner of Indian Institute of Bankers; Member of RBI Committees like Export Advisory Committee, Standing Committee on Forex Clearing and Committee on reporting system, etc.

Shri Sambamurthy is known for his working framework of 3 Ps – People, Product and Process, using which he has put all the organizations he has worked with on a high growth trajectory.