SIDBI has a new DMD
V. Satya Venkata Rao is the new Deputy Managing Director of SIDBI. He has taken charge recently. He has more than 29 years of experience in financial institutions like IFCI and HUDCO and has handled several departments including legal, human resources, corporate communications and worked as Central Public Information Officer and Appellate Authority under the Right to Information Act. He has also served as a director on the boards of a venture capital company, a real estate company and societies registered under the Societies Registration Act.
Natarajan Balakrishnan to head HR at RBL Bank
RBL Bank has appointed Natarajan Balakrishnan as Head - HR Risk & Governance, Employee Relations in the bank. He was HR Business Leader at L&T Financial Services, where he was heading employee relations for the company, besides overseeing Group HR operations. He has also worked with HDFC Bank as Head - Employee Relations & Contract Staffing, Dena Bank and Union Bank of India.
Bharat Ravuri to head Principal Asset India
Principal Financial Group has appointed Bharat Ravuri as MD Principal Asset Management in India. He will spearhead the business and operations for the company and be focusing on improving financial inclusion, providing better access to solutions and, enhancing long-term financial security for customers. Ravuri joined Principal India in 2019 as MD for Principal Retirement Advisors. He has over 26 years of corporate and entrepreneurial experience in the financial services industry across multiple countries. With a strong understanding of Indian fintech landscape, he successfully launched MintZip, a fintech firm that helps simplify financial decisions for customers. He holds an MBA in Leadership & Change Management from Indian School of Business.
Gaurav Maheshwari is new CFO, StanChart India
Standard Chartered Bank, India has appointed Gaurav Maheshwari as its new CFO. He has taken charge or 22 June. He replaces Subhradeep Mohanty, who has been elevated as CFO, Africa Middle East (AME) region. Maheshwari has over 23 years of experience across financial and corporate sectors. This is his second stint at Standard Chartered Bank wherein he had put in 17 years in various roles in the finance team. He has also worked with reputed companies like Reuters, India and Coca-Cola, India. In Standard Chartered India, he is reporting to Jean Fernandes, regional CFO, Asean and South Asia and Zarin Daruwala, India CEO. Maheshwari did his Bachelor of Commerce from Sydenham College of Commerce and Economics and then completed his Chartered Accountancy.