Ambuj Chandna Joins DBS Bank India as Managing Director and Head of Consumer Banking Group
| Key Aspect | Details |
|---|---|
| Name | Ambuj Chandna |
| New Role | Managing Director (MD) & Head of Consumer Banking Group at DBS Bank India |
| Previous Role | President and Head of Consumer Bank (Products) at Kotak Mahindra Bank |
| Experience | Over 16 years at Kotak Mahindra Bank; roles at Deutsche Bank and Standard Chartered Bank |
| Key Responsibilities | Oversee retail banking, drive growth in consumer banking, digital banking, and financial products, strengthen retail lending and customer acquisition strategies |
| Leadership Changes | Joins under Rajat Verma, who became CEO of DBS Bank India on March 1, 2025 |
| Replaces | Prashant Joshi, who joined DBS in August 2020 and was involved in Lakshmi Vilas Bank acquisition |
| Kotak Mahindra Bank Restructuring | In July 2024, Kotak Mahindra Bank overhauled retail operations, reducing Chandna's responsibilities |
| Transition Reason | Likely influenced broader leadership opportunities at DBS Bank India |
| Confirmation | Chandna confirmed his move via LinkedIn; DBS Bank India has not officially announced yet |