DBS Bank, a Singaporean multinational banking and financial services company, has reportedly nominated Rajat Verma to be its next India CEO. The development comes after the bank’s current India CEO, Prashant Kumar, completed his three-year term in July. Verma, a veteran banker with over 25 years of experience, is currently the group executive and head of India business at DBS Bank. He has been with the bank since 2004 and has played a key role in driving the bank’s growth in India. Prior to joining DBS, Verma worked with ICICI Bank and has also held positions with companies such as HSBC and Standard Chartered Bank. The nomination of Verma as the next India CEO is subject to regulatory approval. DBS Bank has been expanding its operations in India, with a focus on digital banking and customer-centric services. Verma’s appointment is seen as a strategic move by the bank to strengthen its leadership team in India.
Source: https://www.msn.com/en-sg