Gu­nit Chadha Junks Indo Star Of­fer

The Economic Times - - Money & Banking -

Sus­pense over for­mer Deutsche Bank’s Asi­aPa­cific chief ex­ec­u­tive Gu­nit Chadha’s fu­ture ca­reer choice con­tin­ues well into 2017. Ru­mour mills had it that he may join the Ever­stone fund-backed non-banking fi­nance com­pany Indo Star Cap­i­tal Fi­nance and even buy an eq­uity stake. It now turns out that the talks did not make much head­way and he may pur­sue other op­por­tu­ni­ties. It is learnt that the banker, is toy­ing with other ideas. It may be still too early to de­clare where he signs on the dot­ted line, one thing that is cer­tain, it is not Indo Star. “Since there has been so much spec­u­la­tion, let me state that I am not in any dis­cus­sions with Ever­stone. I wish them the best go­ing for­ward,’’ Chadha told ET. Il­lus­tra­tion:

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