Sachin Patange
About Sachin Patange
Sachin Patange serves as the Chief Compliance Officer at IndusInd Bank, bringing extensive experience in regulatory compliance and banking operations. He has held significant roles in various financial institutions, including Utkarsh Small Finance Bank and DCB Bank, and possesses a strong specialization in Anti-Money Laundering.
Work at IndusInd Bank
Sachin Patange has been serving as the Chief Compliance Officer at IndusInd Bank since 2023. He is responsible for overseeing compliance with regulatory requirements and ensuring that the bank adheres to industry standards. His role involves implementing compliance strategies and managing risks associated with banking operations. Patange's extensive experience in compliance and regulatory frameworks supports his effectiveness in this position.
Previous Experience in Compliance
Before joining IndusInd Bank, Sachin Patange held several key positions in compliance across various financial institutions. He served as Chief Compliance Officer at Utkarsh Small Finance Bank from 2019 to 2023, where he was the Principal Officer for Anti-Money Laundering (AML). Prior to that, he worked at DCB Bank in the same role from 2007 to 2018 and at ANZ as Head of Compliance - India from 2014 to 2015. His career spans over three decades in the banking sector.
Education and Expertise
Sachin Patange has a solid educational background in finance and banking. He earned a Bachelor of Commerce degree from L S Raheja College of Arts & Commerce and an MBA from Symbiosis Institute of Business Management. Additionally, he completed the NISM-Series-III-A: Securities Intermediaries Compliance Certification in 2016. He also holds a CAIIB certification from the Indian Institute of Banking & Finance, which further enhances his expertise in banking operations and compliance.
Background in Banking Operations
Sachin Patange's career in banking began in 1990 when he worked as a Computer Trainee at Datamatics. He then served as Deputy General Manager at the Reserve Bank of India from 1990 to 2007, gaining significant experience in regulatory compliance and banking operations. His extensive background in the banking sector has equipped him with a deep understanding of compliance challenges and best practices.
Specialization in Anti-Money Laundering
Sachin Patange possesses a strong specialization in Anti-Money Laundering (AML) within the banking industry. His role as Principal Officer for AML at Utkarsh Small Finance Bank highlights his commitment to combating financial crime and ensuring compliance with AML regulations. His expertise in this area is critical for maintaining the integrity of financial institutions.