Gill Started With Deutsche in 1991

The Economic Times - - Fi­nance & Com­modi­ties -

“The panel had ini­tially short­listed eight names in­clud­ing a CEO from an in­sur­ance com­pany, present and for­mer ex­ec­u­tives from HDFC Bank and also some In­dian ex­pat CEOs from abroad,” said the se­cond per­son. “Many of them de­clined any in­ter­est in the bank and th­ese two names have fi­nally made the cut.”

Among the peo­ple who were ap­proached but said they weren’t in­ter­ested were Ra­jesh Sud, vicechair­man at Max Life In­sur­ance, ET had re­ported ear­lier this month. An­other Dubai-based for­eign banker of In­dian ori­gin also con­firmed that he had de­clined an of­fer.

“With Gill and Monga in the fray, the bank board thinks they have two strong can­di­dates,” said the first per­son. “Monga has been with the bank al­most since in­cep­tion and is ready to take over from tomorrow. Gill has been Deutsche In­dia CEO since 2012 and has been granted an all-clear by RBI just in July 2018. His ex­pe­ri­ence and pedi­gree can­not be ig­nored.”

Yes Bank did not re­spond to queries. Gill did not re­ply to an email, calls and a mes­sage sent to his phone. Deutsche Bank de­clined to com­ment.

Gill has spent his 32-year bank­ing ca­reer at the Ger­man lender, start­ing in 1991 in pri­vate bank­ing and tak­ing over as In­dia CEO in July 2012. Gill has han­dled cap­i­tal mar­kets, trea­sury, struc­tured fi­nance, for­eign ex­change, trans­ac­tion bank­ing, risk man­age­ment and pri­vate bank­ing.

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