Prabha Sipi Bhandari

Paychex, Inc.

Prabha Sipi Bhandari is Chief Legal Officer, Chief Ethics Officer and Secretary of Paychex, Inc. and is a member of the company’s Executive Committee. She leads a team of lawyers and professionals responsible for all Paychex legal functions, ethics and the company’s charitable foundation.

Previously, she served as SVP, Deputy General Counsel and Corporate Secretary at AIG. In this role, she oversaw AIG’s NYSE and SEC compliance and legal support for capital markets and M&A transactions; Cyber/Privacy; IP; IT, Procurement and Real Estate; and Innovation, among other corporate matters. In her role as Corporate Secretary, Ms. Bhandari served as the primary liaison to the AIG Board on Board and Board Committee-related matters.

Prior to joining AIG in June 2022, Ms. Bhandari was SVP and Principal Deputy General Counsel at Freddie Mac, where she managed a team of over 125 attorneys and legal professionals who advise and support the company with respect to capital markets, mortgages and mortgage securities, derivatives, tax, SEC compliance and other corporate matters and supervised the full Legal Division of more than 200 colleagues. Ms. Bhandari also served as Executive Sponsor of the Legal Division’s diversity, equity and inclusion initiatives, including robust internship and fellowship programs.


Prior to Freddie Mac, Ms. Bhandari was Managing Director and General Counsel of Deutsche Bank Securities Inc., Deutsche Bank’s US registered broker-dealer, and Global Head of Mergers & Acquisitions – Legal. Prior to joining Deutsche Bank in 2007, Ms. Bhandari was responsible for Mergers & Acquisitions at Viacom Inc. (now Paramount Global), including for CBS, MTV Networks, Paramount Pictures and BET, among others. Prior to joining Viacom in 2000, Ms. Bhandari was a corporate associate at the law firm of Davis Polk & Wardwell in New York. She began her legal career as a law clerk for the Honorable John M. Duhé, Jr. of the Fifth Circuit Court of Appeals.


Ms. Bhandari received her J.D. from New York University School of Law, where she served as Notes and Comments Editor of the New York University Law Review. She received her B.S. from Cornell University in Industrial and Labor Relations.


Ms. Bhandari is a Member of the Board of Trustees of the Brooklyn Children’s Museum and Co-Chair of the Fundraising Committee, Chair of the Board of Directors of Teaching Beyond the Square, a Member of the Steering Committee of the Women in M&A Network, NY chapter, and a Member of the Private Sector Steering Committee of the South Asian Bar Association of New York.