Biography
Profile Photo

Akash Shambhu Damniwala

ID

President Director at Bank SBI Indonesia (a subsidiary State Bank of India)

Editions

Successful People in Indonesia (1st Edition)

02/2026

E - EDUCATION

1987 - 1992 BCOM from University of Mumbai; 1996 - 2000 CAIIB, Banking from Indian Institute of Banking and Finance; 2008 - 2008 CFPCM, Financial Planning from Financial Planning Standard Board of India; 1990 - 1996 CMA, Cost Accountant from Institute of Cost Accountants of India

CA - CAREER

2004 - 2007 Relationship Manager - Personal Banking at State Bank of India, Mumbai; 2007 - 2009 Branch Manager at State Bank of India, Sanvordem Goa, India; 2009 - 2010 Investment Counsellor - Certified Financial Planner for Mumbai Circle at State Bank of India, Mumbai; 2010 - 2011 Chief Manager at Account Tracking Centre for NPAs of Gujarat (Samadhan Prayas Kendra) at State Bank of India, Ahmedabad; 2011 - 2013 Chief Manager at State Bank of India, Navrangpura Ahmedabad; 2013 - 2014 Chief Manager at State Bank of India, SMECCC Ahmedabad India; 2017 - 2021 Asst. General Manager at State Bank of India, Mumbai; 2021 - 2022 Deputy General Manager at State Bank of India; 2021 - 2022 Senior Vice President and Chief Finance and Risk Officer at SBI Global Factors Limited; 2022 - 2022 Senior Vice President and Chief Finance Officer at SBI Global Factors Limited; 2022 - 2025 Deputy General Manager at Bank SBI Indonesia; 2025 - 2025 President Director at Bank SBI Indonesia

CASA - CIVIL AND SOCIAL ACTIVITIES

Born with an innate sense of compassion, he has consistently demonstrated a profound dedication to bettering the lives of others, embodying the true spirit of altruism. He regularly donates to the Cancer Institute, maintaining an active account even while working in Indonesia, and readily offers a helping hand to individuals who approach him directly for aid. This compassionate nature extends to his professional life, where as a branch manager, he prioritized the growth and well-being of his staff by sharing his knowledge, teaching new skills, mentoring, and promoting employees. In every facet of his life, his unwavering commitment to helping others stands as a testament to his deeply ingrained compassion and altruistic spirit

AW - AWARDS

The Best Performing Bank 2024 Based on Financial Performance 2022-2024 (Bank Assets Category within Rp 5 Trillion less than Rp 10 Trillion) from Infobank Media Group 2024

ME - MEMBERSHIPS

IndCham (India Indonesia Chamber of Commerce); CII-IBF (Confederation of Indian Industry); Beyond his professional and philanthropic pursuits, he's also deeply committed to community. He actively participates in both Indian and Indonesian community organisations, typically numbering 30 to 40 members. These groups meet weekly or monthly, fostering connection, cultural exchange, and mutual support. His involvement highlights his dedication to maintaining cultural ties and building strong community bonds

ACH - ACHIEVEMENTS

When reflecting on his achievements, he often emphasizes the lasting connections he forged during his nearly 40-year career in the service industry, primarily banking in India. Having moved between numerous branches throughout his tenure, he consistently prioritized building strong relationships with both his staff and his customers. He takes immense pride in these enduring bonds, citing a particular customer who has remained in touch for 15 years, even sending messages and calling him whenever he returns to India. For him, the ability to maintain such meaningful connections and foster genuine goodwill stands as his greatest achievement, a testament to his dedication to people over transactions.

LS - LANGUAGE SKILLS

English, Hindi, Gujarati, Marathi, Bahasa Indonesia

H - HOBBY

An ardent sports enthusiast, he considers badminton his first love, playing almost four times a week after work, a routine he intensified to daily morning sessions before work during his time in India. Beyond badminton, his athletic interests also include table tennis and occasional marathons, showcasing a lifelong dedication to physical activity.

PMM - PERSONAL MAGIC MOMENTS

His life's most profound magic moments revolve around significant personal and professional transformations. The advent of marriage and fatherhood brought about a pivotal shift, instilling a deeper sense of responsibility and a refocused purpose, as his family became his paramount priority. Professionally, a defining turning point arrived when he dedicated himself to rigorous study, transitioning from a clerical position in a bank to achieving professional certification and becoming a staff member. This arduous climb from an entry-level role to a more advanced position marked a pivotal and deeply satisfying achievement in his career.

ROS - REASON OF SUCCESS

He attributes his success to a leadership philosophy he calls his "Guru Mantra," centered on equality, teamwork, and leading by example. He never considered himself superior to his staff, always treating them as equals. As a leader, his focus was to guide and share knowledge, ensuring work was completed collaboratively as a team. He famously led by example: if a team member struggled, he would personally step in to complete the task, emphasising, "If your team doesn’t, help them to do it and not just told them to do this." Key to his approach was also respecting and valuing others' opinions, listening to suggestions before making decisions, and consistently recognising good work at the right time. This holistic approach, he believes, is the cornerstone of his professional achievements.

WEB - WEBSITE

www.sbiindo.com

B - BORN

Information available only in printed publication available in libraries.

P - PARENTS

Information available only in printed publication available in libraries.

MS - MARITAL STATUS

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CH - CHILDREN

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