Mr. Suresh Kozhikote was Managing Director & Chief Executive Officer at SBICAP Ventures Limited (SVL) from June 2020 till May 2024. During his tenure SVL grew from almost nought to a large platform worth Rs.700 crores. The Assets under Management increased from Rs.500 cr to Rs.32000 crore and the annual revenue from Rs. 10 cr to Rs.125 cr. SVL currently manages three PE Funds and 3 Fund of Funds. Foreign LPs include European Investment Bank, FCDO (UK) and JICA (Japan) while Ministries of GOI including Finance, MSME and External Affairs are also partners. The key distinguishing factor would be the strengthening of the organisation which is presently capable to launch multiple large value funds and Funds of Funds.
Prior to his appointment at SVL, Mr. Kozhikote was the Chief General Manager in State Bank of India (SBI) and have handled assignments, both in India and overseas, in the group across different business verticals during the last four decades. He has been in treasury operations for more than 18 years – from a Forex dealer to Head of Treasury Operations. His assignments include Vice President (Treasury) at SBI Central Treasury Hong Kong, Dy General Manager at State Bank of Patiala as Head of Treasury and then as Head of Retail Operations covering Delhi NCR, Haryana & Rajasthan. Mr Kozhikote, as Dy. General Manager (Taxation), oversaw enterprise level GST implementation in SBI. As General Manager- Private Equity, he managed SBI’s portfolio of Private Equity, Strategic Investments and Investments in AIF.
Mr. Kozhikote is a Commerce Graduate, a Certified Associate of the Indian Institute of
Bankers and has a Diploma in Treasury, Investment and Risk Management.