Bin­dra, For­mer Top Boss at StanC, to Buy Into Cen­trum

Likely to pick up a sig­nif­i­cant mi­nor­ity stake in hold­ing com­pany and join as chair­man

The Economic Times - - Sports -

In­du­lal PM & Saikat Das

Mum­bai: A year af­ter leav­ing the cor­ner of­fice of Stan­dard Char­tered Bank Asia, Jas­pal Bin­dra is plan­ning a sec­ond com­ing.

Bin­dra, 55, is set to buy into do­mes­tic fi­nan­cial ser­vices firm Cen­trum Group by pick­ing up a sig­nif­i­cant mi­nor­ity stake, three peo­ple with di­rect knowl­edge of the mat­ter told ET. Bin­dra is also ex­pected to come on board as the chair­man and will take up an ac­tive role to spear­head Cen­trum’s fu­ture growth plans, they said.

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