RBI clears identify of Rajat Verma as DBS Financial institution India CEO

Rajat Verma has a 27-year observe report throughout client and company banking together with transactional banking, monetary establishments, sustainable finance, micro and SME banking, in addition to department banking. File

The Reserve Financial institution of India has accredited the proposal to nominate Rajat Verma as the brand new CEO of DBS Financial institution India.

Mr. Verma, at present Head of Institutional Banking Group (IBG), will succeed Surojit Shome, who retires on February 28, 2025, DBS Financial institution India mentioned in a press release on Monday (December 30, 2024).

A seasoned banker, Mr. Verma has a 27-year observe report throughout client and company banking together with transactional banking, monetary establishments, sustainable finance, micro and SME banking, in addition to department banking, it mentioned.

Since becoming a member of DBS as Head of IBG in June 2023, he has considerably grown the enterprise throughout all shopper segments, it mentioned.