Mr. Vijay Chugh has over 35 years of experience in the fields of supervision and regulation of commercial banks, payment and settlement systems, and core banking solutions.

He was a former Principal Chief General Manager of the Department of Payment and Settlement Systems for the Reserve Bank of India (RBI). He has been a nominee on the RBI’s board of directors for the State Bank of Patiala and the United Bank of India. He has also been the Chief Vigilance Officer at the Industrial Investment Bank of India Ltd. Mr. Chugh was associated with the South East Asian Central Banks Conference of Directors of Payment and Settlement Systems: “Challenges in Promoting Safe and Efficient Payment Systems” held at Kuala Lumpur, Malaysia in 2013. Post his retirement, he has been advising various organisations in respect of regulatory matters relating to payments industry and served as an Independent Director on the Boards of a few companies.

Mr. Vijay Chugh’s expertise stems from his strong roots in academia. He holds a Bachelor of Arts from Delhi University, a Master of Arts from the Rajasthan University and a Post Graduate Diploma in Business Administration from KC College of Management Studies, Mumbai. As a certified associate of the Indian Institute of Bankers, he has been awarded the Advanced Certificate for Executives in Management, Innovation and Technology from the Sloan School of Management, Massachusetts Institute of Technology, U.S.A.