Subhendu Moitra: Chief Credit Officer, India Infrastructure Finance Company Limited

Chief Credit Officer, India Infrastructure Finance Company Limited

Subhendu Moitra has over 32 years of professional experience. After an initial three years of shop floor experience in the manufacturing industry, he has been working in areas such as infrastructure, project fi­n­ance, project/infrastructure ad­vi­sory, investment banking, syn­di­cation and arrangement of fu­n­ds, development banking, financial stress resolution, special situation funds, government advisory and M&A across infrastructure sectors. He is currently working as chief credit officer at India Infrastructure Finance Company Limited.

Moitra has earlier served as managing director and chief executive officer of an ARC owned by Indian banks and financial institutions. He has also worked as SVP and head (east) of the project advisory and structured finance group of SBI Capital Markets Limited. For more than 14 years during the period 1992-2006, he worked for a leading bank and IDBI, a premier development financial institution.

During the length of his career, Moitra has handled and led teams in several landmark and diversified project finance and advisory assignments. He has led the appraisal and funding of several projects in the en­e­rgy, metro, airport, ports and road sectors, as well as India’s first water project, the first coal-bed methane project and the first toll bridge project.

Having worked for over three decades in the infrastructure space, Mo­i­tra knows the pulse of the industry. He notes that although the funding re­quirements of the sector are huge, there is no dearth of resources for well-structured infrastructure projects. The infrastructure sector will co­n­tinue to attract more capital as it matures and projects get properly structured, with a balanced allocation of risk to the stakeholders. The need is to create the right governance structure with an independent regulator for each sector. Infrastructure financing is also evolving with new innovative structured products such as credit enhancement bonds, long-term infrastructure bonds and InvITs to meet the requirements of the sector.

Moitra believes that sustainable infrastructure development and im-p­roved connectivity are the key to the betterment of life and can create en­ormous opportunity and wealth for the country. As the fruit of development in connectivity starts reaching the remotest parts of the nation, its multiplier effect will usher in balanced economic development across the country.

Moitra is an engineer by training. He also has an MBA and is a certified banker.