Smt. R.S. Isabella , Managing Director of the Bank, has an outstanding academic record to her credit being a State Rank Holder in Higher Secondary Examinations and also a Gold Medalist in B.Com., besides holding a Masters’ Degree in Bank Management (MBM) and a Masters’ Degree in Business Administration (MBA) from reputed institutions. She is the recipient of Best Student – All Rounder Award in College. She is also a Certified Associate of Indian Institute of Bankers.

She started her career in Karur Vysya Bank as an Officer in 1993 and has worked in various capacities in almost all key operational segments of Banking and specializing as a Credit Officer. She joined Repco Bank in the year 1999 and has handled important portfolios such as Credit, Information Technology, Accounts & Audit, Pension, Repatriates Rehabilitation and Human Resource Training. She was instrumental in introduction of Loan Origination System – online processing and sanction of credit proposals and establishment of Disaster Recovery Centre for the Bank’s IT Operations and introduction of Redundancy Leased Line for all branches. She is an active member of Credit Committee, Investment Committee, IT Steering Committee, Asset Liability Committee, Settlement Advisory Committee etc., She has a rich experience in banking for more than 2 decades and instrumental in formulation of policies and implementation of systems and procedures in key functional areas.

She also holds the following positions:

            Managing Director -  Repco Micro Finance Ltd.,

            Director                     -  Repco Home Finance Ltd.,

            Chairperson                  -  Repco Foundation for Micro Credit

            Chairperson                  -  Repatriates Welfare Trust         

Under her leadership, the Bank received the following Awards for the FY 2016-17:  

“Best NPA Management” and “Best Youth Employee Strategy” among Co-operative Banks in the National Cooperative Banking Summit held at New Delhi by Banking Frontiers. 

“Excellence in Project Finance” for the outstanding work done in project finance during the Annual Construction Industry Awards 2016 function organized by “Kattumana Thozhil” at Chennai. 

“State Level Awards in SHG – Bank Linkage Programme” for best performance during the FY 2016-17 felicitated by NABARD at Chennai.  The award was given by the Shri Edappadi K. Palaniswami, Hon’ble Chief Minister of Tamilnadu.

ORIGIN

Repatriates Cooperative Finance and Development Bank Ltd., (REPCO BANK) was registered on 19.11.1969 as a Cooperative Society under the relevant provisions of Madras Cooperative Societies Act, 1961 with Jurisdiction over the State of Tamilnadu, Andhra Pradesh, Karnataka, Kerala and Union Territory of Puducherry for the purpose of promoting the rehabilitation activities for repatriates from neighbouring countries mainly from Sri Lanka and Burma. Though originally registered under the Madras Cooperative Societies Act, 1961, the Bank is deemed to be registered under the Multi State Cooperative Societies Act, 2002.

ADMINISTRATION

The Bank is under the administrative control of FFR Division, Ministry of Home Affairs, and Govt. of India. Constitutionally, the Bank is a Multi-State Cooperative Society. The Bank was promoted by Government of India, Ministry of Home Affairs in association with the State Governments of Tamil Nadu, Kerala, Karnataka and Andhra Pradesh. The Society’s rules and regulations are governed by its byelaws. On the recommendation of Govt. of India, the Reserve Bank of India under section 7(1) of Banking Regulation Act, 1949 permitted this Institution to use the word “BANK” by Notification S.O. 626 dated 19.01.1972. In terms of the byelaws, as the share of the Government is more than 51%, the Board of Directors are appointed by the Govt. of India.

JURISDICTION

The area of operation of the bank covers the south Indian states viz., Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Kerala, and the Union Territory of Puducherry.

OWNERSHIP

The share capital of the Bank is controlled by Government of India, Governments of 5 Southern States namely Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, Telangana and Individuals. Share Capital Pattern of the Bank as on 31.03.2020 as given here below:

Total paid up share capital by Governments	Rs.86.03 crore – 55.3%
Total paid up share capital by individuals	Rs.69.53 crore – 44.7%

SHARE CAPITAL AS ON 31.03.2020
Sl. No.	Share Holders	Share Capital Amount (Rs. in cr.)
1	Government of India	76.32
2	Government of Tamil Nadu	7.13
3	Government of Andhra Pradesh	1.05
4	Government of Telangana	0.75
5	Government of Kerala	0.61
6	Government of Karnataka	0.17
7	Individuals	69.53
	Total	155.56