The country’s largest foreign lender Standard Chartered has appointed Rajeev Chalisgaonkar as the SME banking head in India and South Asia.
Prior to his appointment, Mr Chalisgaonkar was associated with another British lender Barclays, where he was the head of corporate banking business.
“Rajeev has a proven track record in setting up and growing the SME business across geographies critical for us from a growth stand point which will be an added advantage,” Standard Chartered Bank Regional Head-South Asia and Group Chief Marketing Officer (Consumer Banking), Mr Sanjeeb Chaudhuri, said in a statement today.
Standard Chartered operates 94 branches in 37 cities in the country. Its SME client list stood at 52,000 as of June, while the SME assets grew 30 percent.