Mumbai, August 05: Shailendra Bhandari has been appointed as the Managing Director and CEO of ING Vysya Bank,following receipt of Reserve Bank approval this week.
Bhandari takes charge of the bank at close of business tomorrow and will be based in Bangalore, a press release issued here today stated.
He was most recently Head of Private Equity at Tata Capital.
Prior to that, he was Managing Director and CEO of Centurion Bank of Punjab.
He has, in the past, worked with HDFC Bank and Prudential ICICI Asset Management Company, the release said.
ING Vysya Bank Chairmam, K R Ramamoorthy, said that”Shailendra brings to the table extensive experience and aproven track-record of growing business and creating shareholder value. My fellow directors and I are confident the bank is well-positioned to unleash its tremendous potential for growth.
—Agencies