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IndusInd Bank appoints Romesh Sobti as MD & CEO

This article was posted on Feb 19, 2008 and is filed under Press Releases

IndusInd Bank Ltd today announced the appointment of five senior officials in the Bank’s leadership team.

Mr. Romesh Sobti has joined the Bank today as Managing Director & CEO, taking charge from Mr Bhaskar Ghose. Prior to this assignment, Mr. Sobti was the Executive Vice President – Country Executive, India and Head, UAE and Sub-Continent, at ABN AMRO Bank N.V. He joined ABN AMRO Bank in November 1990 and graduated from the position of a Chief Manager to the Country Executive over a period of 18 years. In his banking career spanning 33 years, Mr Sobti has been associated with ANZ Grindlays Bank plc (now Standard Chartered Bank) and State Bank of India in the past. He holds a Bachelors Degree (Honours) in Electrical Engineering and has also done his Diploma in Corporate Laws and Practice and Secretarial Practice.

Mr. Paul Abraham takes charge as the Chief Operating Officer (COO), at IndusInd Bank. A Post Graduate Degree holder in Business Management (Finance) from IIM Ahmedabad, Mr. Abraham started his career with ANZ Grindlays Bank (now Standard Chartered Bank), way back in 1982. He joined ABN AMRO Bank in January 1993 and since then has been associated with the Bank in various capacities, both in India and abroad. Before joining IndusInd Bank, Mr. Abraham held the position of Managing Director, ABN AMRO Central Enterprise Services (ACES), for about 3 years. His strength lies in establishing and managing complex businesses to deliver aggressive results by effortlessly managing the internal as well as external business environment.

Mr. K S Sridhar joins IndusInd Bank as Chief Risk Officer. With over 17 years of specialised experience of handling bank-wide Risk Management at ABN AMRO Bank, Mr. Sridhar brings with him tremendous insights into all aspects of risk management, spanning across all client segments. With a B. Sc. (Distinction) degree from Calcutta University, Mr. Sridhar went on to complete his Masters in financial Management from Jamnalal Bajaj Institute of Management Studies. Prior to joining ABN AMRO Bank, Mr. Sridhar worked with the State Bank of India in various capacities.

Mr. Sumant Kathpalia joins as Head – Consumer Banking. A qualified Chartered Accountant, Mr. Kathpalia has 20 years of rich experience in banking, having worked with prestigious foreign banks like Citibank N A and Bank of America. Prior to joining IndusInd Bank, he was the Head – Consumer Banking at ABN AMRO Bank. He has been associated with ABN AMRO Bank for 9 years. He has had a vast variety of experience in consumer banking, project management, credit cards, bancassurance, wealth management and consumer finance.

Mr. Suhail Chander joins as Head – Corporate & Institutional Banking. With 23 years of rich exposure to the banking sector, which includes 17 years in ABN AMRO Bank, Mr. Chander joins the Bank with a wide experience of working in various geographical locations in India and South-East Asia. His strengths relate to important functions of banking like SME financing, wealth management, corporate banking and corporate risk management. He held the position of Head, Consumer & Commercial Banking, Singapore & Malaysia, prior to joining IndusInd Bank.

Sourced From: Adfactors Public Relations Pvt Ltd

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