In Loving Memory of Mr. Hoshang Sinor – 1944-12Nov2026
It is with heavy hearts that we announce the passing of Mr. Hoshang Sinor, a devoted banker, dedicated community member, and beloved family man. He will be remembered for his integrity, his generosity, and his quiet commitment to the people around him. He is survived by his family, friends, and the many colleagues and community members whose lives he touched.
Early Life
Mr. Sinor grew up in a home where family, faith, and community were deeply valued. Those early years shaped the principles he carried throughout his life: honesty in his dealings, respect for elders, and a sense of responsibility toward others. Friends remember him as thoughtful and steady, with a warm nature that made people feel at ease in his company.
Banking Career
| Period | Organization | Role & Key Highlights |
|---|---|---|
| 1965 – 1969 | Central Bank of India | Began his banking career when the institution was still under Tata ownership. |
| 1969 – Mid-1990s | Union Bank of India | Joined during the bank nationalisation era and worked for nearly three decades, rising to General Manager. |
| Mid-1990s – 1997 | Central Bank of India | Returned to the bank in a senior leadership capacity as Executive Director (ED). |
| 1997 – 2003 | ICICI Bank | Joined as Executive Director and became Managing Director & CEO in 1998. He oversaw the Bank of Madura takeover and became Joint MD after the merger with ICICI before retiring in 2003. |
| 2003 – 2008 | Indian Banks’ Association (IBA) | Served as Chief Executive Officer and Secretary following his retirement from ICICI Bank. |
| 2010 – 2015 | Association of Mutual Funds in India (AMFI) | Led the mutual fund industry body as Chief Executive. |
| 2016 onwards | Banks Board Bureau (BBB) & Corporate Boards | Appointed as a founding member of the BBB by the Government of India. He also held independent directorships at major firms including Tata Investment Corporation, Crisil, and ICICI Lombard. |
He also served as the Chairman of The Zoroastrian Co-operative Bank, where he brought his years of experience to an institution close to his heart, one that served his own community.
Across every role, colleagues remember him as a generous mentor, a person of sound judgment, and a banker who treated every customer with courtesy and respect.
- Tata Group Entities. He served on the boards of Tata Investment Corporation and Tata Capital Markets.
- ICICI Group Affiliates. Following his retirement from ICICI Bank in 2003, he served as Non-Executive Independent Director and Chairman of 3i Infotech until September 2015. He also held a board seat at ICICI Lombard General Insurance.
- Financial & Industrial Firms. His other prominent independent directorships included Crisil, Cosmo First Limited, Themis Medicare Limited, and Gujarat Alkalies and Chemicals Limited.
Community Involvement
Beyond his professional life, Mr. Sinor devoted considerable time and energy to the Parsi community through his service with various Parsi trusts and community organisations. He gave his time, expertise, and resources with humility, always placing the welfare of others first. Whether supporting community initiatives, offering counsel, or lending a helping hand to those in need, he was a reliable and compassionate presence. His contributions have left a lasting mark on the community he cherished.
He was actively involved in the governance of several prominent Parsi community, healthcare, and educational trusts in Mumbai. A long-time resident of the Dadar Parsi Colony, he contributed his financial and administrative expertise to key community institutions alongside his corporate career.