DBS Bank India has made two pivotal senior-level appointments to bolster its leadership team and drive its growth trajectory in the Indian market.
Ambuj Chandna has been appointed as the Managing Director and Head of Consumer Banking Group.
Santanu Mitra will serve as Managing Director and Country Head for Corporate Banking (Large and Midcap).
DBS Bank India has been steadily growing its presence in the country over the past three decades.
The bank’s strategy focuses on leveraging its digital capabilities, physical distribution network, and Asian expertise.
These new leadership appointments aim to enhance customer service with a more holistic approach.
Rajat Verma, Managing Director and CEO of DBS Bank India, emphasized the importance of these appointments, stating, “India is one of DBS’s key markets, and the new leadership appointments will enable us to continue the strong momentum of the bank in India.”
Ambuj Chandna: Head of Consumer Banking Group
Ambuj Chandna is a seasoned banking professional with nearly three decades of experience.
He joins DBS Bank India from Kotak Mahindra Bank, where he previously served as President and Head of Consumer Assets.
He takes over from Prashant Joshi in his new role at DBS Bank India.
Ambuj Chandna will oversee the bank’s retail banking operations, wealth management services under DBS Treasures, digital banking initiatives, and customer engagement strategies.
Ambuj’s illustrious career includes senior positions at ING Vysya Bank, Fullerton Financial Holdings, and Citibank.
He earned an MBA from the Institute of Management Studies, Indore.
Additionally, he holds a Master of Science degree in Strategic Marketing Leadership from Henley Business School, London.
His expertise in consumer finance and retail banking is expected to play a crucial role in strengthening DBS Bank India’s consumer banking function.
Santanu Mitra: Head of Corporate Banking, DBS Bank, India
Santanu Mitra has been with DBS Bank Singapore since 2014.
He now takes on the role of Managing Director and Country Head for Corporate Banking (Large and Midcap) at DBS Bank India.
He previously led the Digital Economy Group within Institutional Banking at the bank’s Singapore branch.
In this role, he significantly contributed to building the bank’s digital economy business, which focused on startups.
This initiative has since scaled across DBS’s key markets.
In his new role, Santanu will lead the institutional banking business. His focus will be on large and mid-corporates as well as multinational companies.
With over two decades of experience, Santanu has held leadership positions at PT AXIS Telekom Indonesia and Macquarie Bank.
He holds an MBA from the Indian Institute of Management Ahmedabad and a Bachelor of Technology (Honors) from the Indian Institute of Technology, Kharagpur.
His extensive experience in the Technology, Media, and Telecommunications (TMT) sector positions him as a valuable asset to DBS Bank India’s corporate banking division.
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