MUMBAI : DBS Financial institution India on Monday mentioned it has appointed Rajat Verma as managing director and head of institutional banking in India.
The present head of institutional banking Niraj Mittal has just lately moved to a brand new function as nation head of DBS Financial institution in Australia. The financial institution mentioned Mittal will give attention to rising the DBS franchise there, together with bettering linkages with South-East Asia and South Asia.
Verma was, until just lately, with HSBC India the place he was managing director and nation head of economic banking in India. The assertion mentioned Verma brings a wealth of data and deep business experience to DBS. He holds an MBA from the Indian Institute of Administration, Lucknow, and a Bachelor of Electrical Engineering from the Delhi Faculty of Engineering.
DBS Financial institution India mentioned Verma will lead the expansion of the institutional banking franchise for the financial institution in India.
Surojit Shome, managing director and chief government of DBS Financial institution India mentioned: “He’s a seasoned banker with a confirmed monitor report of delivering worth to institutional shoppers throughout numerous sectors and markets. His appointment reinforces our dedication to rising our enterprise in India.”
“This marks a profession milestone for me as I be part of a company with a singular progress story in India. DBS has been acknowledged as the most effective banks on the earth and is making nice strides within the business via its sturdy digital platform, established Asian community and deep understanding of the Indian market,” mentioned Rajat Verma, managing director and head of institutional banking for DBS Financial institution India.
Up to date: 26 Jun 2023, 10:13 PM IST