Samit Dey
About Samit Dey
Samit Dey serves as the Senior Vice President and Head of Credit Risk at IndusInd Bank, bringing over 15 years of experience in credit risk management across various financial institutions. He holds a BSc in Mathematics and an MBA in Finance, along with multiple certifications in banking and risk management.
Work at IndusInd Bank
Currently, Samit Dey serves as the Senior Vice President and Head of Credit Risk at IndusInd Bank, a position he has held since 2022. In this role, he develops dynamic risk assessments for clients and industries, ensuring alignment with the bank's credit policies. His responsibilities include overseeing the development and monitoring of credit and risk policies to ensure compliance with regulatory requirements. He supports top management in building a high-quality credit portfolio through comprehensive risk analysis and profit planning.
Previous Experience in Banking
Samit Dey has extensive experience in the banking sector, having held various positions in notable institutions. He worked at Allahabad Bank as Senior Manager in Corporate Credit from 2009 to 2012. Following this, he served as Assistant Vice President for Wholesale Credit Risk at Axis Bank from 2012 to 2015. He also held the position of Head of Risk India at QNB Group from 2017 to 2018 and was Head of Credit Risk at Bank of Baroda from 2018 to 2022. His career includes roles at UCO Bank and DOHA BANK, where he contributed to credit risk management.
Educational Background
Samit Dey holds a Bachelor of Science degree with Honours in Mathematics from Banaras Hindu University, completed between 1995 and 1998. He further pursued a Master of Business Administration in Finance and Financial Management Services from the University of Lucknow from 1999 to 2001. Additionally, he has obtained multiple certifications from the Indian Institute of Banking and Finance, including the Certified Associate of Indian Institute of Bankers (CAIIB) and certificates in Risk Management, Corporate Banking, and International Banking.
Achievements in Risk Management
Throughout his career, Samit Dey has demonstrated expertise in integrating and establishing Credit Risk and Risk Departments from the ground up. He has led credit approval teams responsible for loan approvals based on stringent credit underwriting standards. His work involves developing forward-looking risk assessments and ensuring compliance with regulatory requirements, which are critical for maintaining the integrity of the credit portfolio in the banking sector.