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DBS Bank India appoints Rajat Varma as Managing Director

DBS Bank India, has appointed Rajat Varma as managing director and head of institutional banking. Varma, who was previously with HSBC India will be taking over from Niraj Mittal, who is moving to Australia to take charge as the country head of DBS Bank. Under Varma, the bank aims to increase digitisation and deliver better value for customers

Source | | ET Online

DBS Bank India has appointed Rajat Verma as managing director and head of institutional banking, the lender said in a statement on Monday.

Rajat, who was formerly with HSBC as the MD and country head of Commercial Banking, India, will be succeeding Niraj Mittal, as head of institutional banking. Mittal will be taking up a new role as country head of DBS Bank in Australia.

Rajat will lead the growth of the institutional banking franchise for DBS Bank in India given the significantly expanded footprint of the lender. DBS Bank India said that Rajat’s appointment strengthens its leadership team and commitment to grow institutional banking business.

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