Nandkumar SaravadeSenior Advisor & Mentor on Security
Mr Nandkumar Saravade is a senior advisor on governance, strategy, ethics and cyber security. Drawing from his impactful stints in government and private sector spanning 36+ years, with expertise across diverse domains of law enforcement, banking, cyber security and technology management, he considers himself a ‘knowledge-seeker with action-bias.’
Mr Saravade was the founding CEO of Reserve Bank Information Technology Pvt Ltd (ReBIT). ReBIT was set up in 2016 as a fully-owned subsidiary of RBI for technology management and cyber security for RBI’s systems and the Indian banking sector. He finished his five-year tenure as CEO, ReBIT in May 2021.
Earlier, he worked as CEO, Data Security Council of India (DSCI), a think-tank specializing in cyber security industry development, policy research and advocacy. During 2013-15, he advised EY and ICICI Bank on fraud risk management. Until September 2013, he worked as Director, Citibank India, heading Security, Investigation and Vigilance. During 2008-2011, he worked as General Manager, Financial Crime Prevention Group, ICICI Bank, where he looked after fraud risk assessment and controls reviews, application screening and vendor due diligence, transaction monitoring, investigations and regulatory reporting and compliance.
He also served as Director, Cyber Security and Compliance, NASSCOM, which encompassed policy formulation, capacity building and mass awareness campaigns on cyber security. Prior to joining the private sector, Mr Saravade served in the 1987 batch of the Indian Police Service. He joined the Central Bureau of Investigation (CBI) on deputation in 1996 and worked in Mumbai and Jaipur for seven years, looking after enforcement of the Prevention of Corruption Act, investigation of bank frauds and economic offences.
Mr. Saravade holds a Bachelor’s degree in Engineering from Government College of Engineering, Aurangabad as well as a Masters’ degree from Indian Institute of Technology, Bombay.