Board of Directors

State Bank of Texas Board of Directors

Chan Patel, CEO, Chairman of Board

Chan Patel is Chairman, Chief Executive Officer of State Bank of Texas. Chan also is an owner and/or partner in several hotel operations in Texas. Born in India in 1945, he became a US citizen in 1965 and has been an active owner and operator of hotels since 1976. He holds a Bachelor of Science Degree in Engineering from Bombay University, a Master’s of Science in Industrial Engineering from Stanford University and a Master’s of Science Degree in Management Science from John Hopkins University. He is founding Chairman of the Indo-American Chamber of Commerce and is an active member of many religious and community associations and organizations.

Sushil Patel, President, NMLS # 793633

Sushil Patel is President at State Bank of Texas. He joined the bank in 2004 and has served on the Board of Directors since 2000. Prior to joining State Bank of Texas, Sushil worked as Senior Analyst at Bank of America Securities in the Global Corporate & Investment Bank. At BAS, he helped raise capital for Media and Telecom companies in the equity, high yield and high-grade debt markets. He holds a B.B.A. in Finance from the University of Texas at Austin and an M.B.A. from the University of Chicago Graduate School of Business. In addition to his work in banking, Sushil, through various family interests, operates and develops hotels in Manhattan, other boroughs of New York City and throughout the Dallas/Ft. Worth Metroplex.Sushil serves as the Secretary of the Planning and Zoning Commission for the City of Irving and has been on the Planning and Zoning Commission since 2010. Sushil serves as a member of the Board of Management for the Irving Family YMCA.Sushil is married to Sima Patel and they have two sons, Aaron & Ryan and daughter, Aliya.

Rajan Patel, Chief Lending Officer, EVP, Director, NMLS # 793635

Rajan Patel is Executive Vice President and Chief Lending Officer of State Bank of Texas. He joined the bank in 2005 after graduating from Texas A&M University with a BBA in Finance, and in 2009 graduated from Southwestern Graduate Banking School from the SMU Cox School of Business. In addition to his responsibilities at State Bank, Rajan is very active in community affairs, serving on the Executive Committee for SLPS in Irving. He is also involved in hotel development projects in a number of locations including Manhattan, Dallas, Las Colinas and Frisco. He is married and has two daughters, Sydney and Sienna.

P.N. (Pete) Patel, Director

P.N. Patel was born in India in 1938. He holds a Bachelor of Science Degree in Mechanical Engineering form Ghandi Engineering College in Surat, India. He worked as a Mechanical Engineer for twelve years in India, of which ten of those years were with Baroda Rayon Corp. of India. P.N. Patel immigrated in 1971 where he worked as an engineer for Dallas Fort Worth International Airport. Soon after that, he began buying, selling, and operating hotels in Texas, Georgia, Virginia, and Florida. His current activities are now centered in hotel development and management across the United States. In addition to his hotel investments, P.N. Patel was involved in capital raising for a local Brunswick bank called Atlantic National Bank in which he helped gather 50 investors. He and his wife, Shanta, have two daughters, Amita and Manisha and one son, Tarun.

J.D. Patel, Director

J.D. Patel has been in the hotel industry since 1976. He attended South Gujarat University in India and holds a Bachelor of Science Degree in Chemistry from Northern Illinois University. J.D. twice participated in Gujarat State Olympics and twice was chosen to represent Gujarat University in Kabbadi. He is a member of the Gujarati Cultural Society. J.D. and his wife, Manjula, have four children and two grandchildren.

Bipin B. Patel, Director

Bipin B. Patel has been in the hotel industry since 1977 and has developed several hotels since then. He attended Bombay University in India, where he earned a bachelor’s degree in Electrical Engineering. He also holds a master’s degree in computer science from the University of Texas at Dallas. Currently, he owns 10 hotels in the DFW Metroplex. He is also a founding member of SLPS.

He and his wife, Sandhya, have 2 sons and 2 daughters, along with 3 grandchildren.

Surekha Patel, Director

Surekha Patel holds a Bachelor of Science Degree in Chemistry from Gujarat University in India. Surekha worked as a Chemist for Zocon for several years and at American Airlines in the Marketing Department for 10 years. Additionally, she has hotelier experience and works in the family's hotel business. Surekha enjoys her management responsibilities in development of new hotel properties, such as the Holiday Inn Express in Las Colinas in Irving, Texas. Surekha has four children and ten grandchildren, and is wife of Chan Patel, chairman of State Bank of Texas. For the past five years, Surekha has served as Director at Large for the Asian American Hotels Owners Association (AAHOA). In this role, she has served as Chairperson for several Women's Conferences. Surekha is also a volunteer social worker with Hindu Temple Society and the Gujarati Cultural Society.

Jay R. Patel, Director

J.R. Patel is Founder and President of RELAX, Inc., a Roanoke, Virginia Hotelier, which was incorporated in 1980. RELAX, Inc. presently owns and operates ten hotels. J.R. lived in England for twelve years and Canada for seven years before immigrating to the US in 1978. He is an active member of Asian American Hotel Owners Association (AAHOA) and Roanoke Valley Chamber of Commerce. He and his wife, Kantaben, have two sons.

D.N. (Dan) Patel, Director

Dan Patel relocated to the U.S. in 1968 from Gujarat, India, and holds a Master’s of Science Degree in Mechanical Engineering from Southern Methodist University (SMU) in Dallas. After an eight-year career in engineering, he changed industries and became a hotel owner and operator. His expertise and knowledge in the hospitality industry dates back to 1977.

After spending numerous years owning several hotels throughout the U.S., he started a management company, Patriot Hospitality. Under the leadership of Dan, Patriot Hospitality and its related entities own, manage and develop properties under the Hilton and IHG brands across multiple states.

Dan served as Governor in his Texas region for Best Western International, and has held leadership positions for the Gujarati Cultural Society of Dallas as Secretary and President of the senior citizens group. Dan was also a member of the Asian American Hotel Owners Association (AAHOA).

Dan is one of the founding members of the State Bank of Texas and has been an active director from the start. He currently resides in Dallas with his wife and together they have three children and six grandchildren.

Kishor Bhikha, Director

Kishor Bhikha was raised in Panama and immigrated to the US in 1977. He holds a Bachelor of Science Degree in Finance from the University of Cal-Tech, Pomona California. Kishor began his hotelier ventures in 1979 and currently is an owner of various partnership hotels. He is a member of Asian American Hotel Owners Association (AAHOA). He and his wife, Nayana, have two children.

Yasmin Gupta, Director

Yasmin Gupta is one of the founding Directors of State Bank of Texas and continues to serve on the Board. She holds a Bachelor’s degree in Public Relations from Stella Maris College and an MBA in International Trade and Management from the University of Dallas in Irving, Texas. Her career began in Mortgage Banking and Residential Loan underwriting. Through her family interests, she is involved in commercial real estate investments, which includes office buildings and hotels. Yasmin is Co-founder, Director and Executive Vice President of SB International, Inc., an established manufacturer, processor and distributor of steel pipe and tubing products for the oil and gas industry in the United States and Canada. In 2014, a generous gift from Yasmin and her husband Satish Gupta made possible the state-of-the-art SB Hall, home to the College of Business at the University of Dallas, Irving, Texas. Today, the College of Business for which they are namesakes, has over 17,000 alumni and currently enrolls nearly 1,000 graduate and undergraduate students. She was honored in 2017 to be among the first inductees in the College of Business Hall of Fame. Yasmin has been involved with several community organizations including the Girl scouts, United Way, the Chinmaya Mission and the DFW Indian Cultural Society. She is also involved with the Primary Care Clinic of North Texas, providing medical care to uninsured adults in their three non-profit healthcare facilities since 2003, and the GDAS Cancer Clinic providing non-profit cancer treatment and care to uninsured patients in the metroplex.

Ketan Masters, Director

Ketan Masters has been an hotelier entrepreneur since 1979. He holds a Bachelor of Science Degree in Management Science at University of Texas at Dallas. He has served on the Board of Directors of Asian American Hotel Owners Association (AAHOA) consecutively from 1994 to 2004. Further, he serves as a Director of the Texas Hotel & Motel Association. He also has held the offices of Secretary and President for Gujarati Cultural Society. Raised in Zambia, Africa, he has been in the Dallas, Texas metroplex area since 1975.

Toral Balakrishnan, Advisory Director

Toral Balakrishnan serves as an Advisory Director at State Bank of Texas. After graduating from Howard University in Washington, DC, she worked as a Physician Assistant specializing in plastic and reconstructive surgery, publishing internationally recognized articles and training physicians and other medical professionals. Since 2010, she has focused her career on the hotel industry and now owns properties in various brands including Choice, Wyndham, Hilton, and G6. She is married to Dr. Rajesh Balakrishnan, a practicing dentist, in Austin, Texas.

Shetal Patel, Advisory Director

Shetal Patel has been a hotel entrepreneur since 2004. Currently she owns and operates two Intercontinental Hotel Group properties in Southern California. Prior to this, she practiced as a Physician Assistant in Plastic Surgery and Cosmetic Dermatology. She also has owned and personally managed her own medical practice specializing in Cosmetic Dermatology. She holds a Bachelor of Science degree in Biology from the University of Texas at Arlington and a Bachelor of Science in Physician Assistant Studies from University of Texas Southwestern Medical School in Dallas, TX. She also holds an MBA from University of California at Irvine. She is married to Narendra Patel, an attorney by profession and also a hotel entrepreneur. She has three children.

Hira Patel, Advisory Director

Hira Patel retired from IBM after 28 years where he had published ten Invention Disclosures in IBM's Technology Disclosure Bulletin and was published in AIAR Journal. Hira is presently involved in real estate development in the hospitality industry. He is Director and Secretary of the Alameda Business Association, Trustee of Devotional Sitaram and member of India Cultural Association of Bay Area. Hira holds a Bachelor of Science Degree in Physics & Mathematics from the University of Bombay, India. He also has a Bachelor of Science Degree in Mathematical Engineering from the University of Louisville, Kentucky and a Master of Science Degree in Engineering from State University New York in Buffalo, New York.