Ila Tanwar Singal
About Ila Tanwar Singal
Ila Tanwar Singal serves as the Senior Portfolio Head of the Business Banking Group at IndusInd Bank, where she has been instrumental in leading digital initiatives and streamlining processes since 2021. She has a strong background in credit risk management, having held various positions at HSBC and the National Skill Development Corporation prior to her current role.
Work at IndusInd Bank
Ila Tanwar Singal currently serves as the Senior Portfolio Head in the Business Banking Group at IndusInd Bank. She has held this position since 2021 and is based in Gurugram, Haryana, India. In her role, she is responsible for leading digital initiatives and the development of management information systems. Additionally, she oversees dashboard reporting and ensures compliance with Reserve Bank of India (RBI) regulations. Her focus includes streamlining processes to enhance growth and maintain credit hygiene within the Business Banking portfolio.
Experience at HSBC
Prior to her current role, Ila Tanwar Singal worked at HSBC for several years in various capacities. She served as Vice President of Credit Risk Management from 2014 to 2018 in New Delhi, where she focused on credit risk strategies. Before that, she held the position of Assistant Vice President in Credit Risk Management from 2010 to 2013, and earlier, she worked as an Assistant Manager from 2008 to 2010. Her experience at HSBC contributed to her expertise in credit risk management.
Background and Education
Ila Tanwar Singal completed her Bachelor of Commerce with Honors at Lady Shri Ram College for Women from 2002 to 2005. She furthered her education at the International Management Institute (IMI), where she studied Finance and achieved a Post Graduate Program (PGP) with a Gold Medal from 2005 to 2007. This educational background has equipped her with the necessary skills and knowledge for her roles in banking and finance.
Role at National Skill Development Corporation
From 2018 to 2021, Ila Tanwar Singal worked at the National Skill Development Corporation as the Head of Credit Risk Monitoring. In this role, she was responsible for overseeing credit risk processes and ensuring effective monitoring within the organization. Her tenure at the National Skill Development Corporation added to her extensive experience in credit risk management.
Early Career at ICICI Bank
Ila Tanwar Singal began her career at ICICI Bank, where she worked as an Assistant Relationship Manager in the Global Clients Group from 2007 to 2008. This initial experience in banking provided her with foundational skills in client relationship management and banking operations.