SBI Capital Markets (SBICAPS) introduced the appointment of Rajay Kumar Sinha because the Managing Director & Chief Govt Officer of its wholly owned subsidiary and funding banking arm, efficient July 14. Sinha takes over from Amitava Chatterjee, who will now function Deputy Managing Director accountable for Industrial Purchasers Group at SBI’s Company Centre.
Beforehand, Sinha held the place of overseeing Treasury operations at SBI, the place he managed the financial institution’s funding portfolio, cash market, fairness, personal fairness, and foreign exchange operations. Along with his experience in international markets, Sinha will contribute to the additional strengthening of SBICAPS’ funding banking enterprise each in India and internationally.
Expressing his imaginative and prescient, Sinha said that the crew goals to boost SBICAPS’ place within the funding banking business, emphasizing innovation, strategic partnerships, and delivering distinctive worth to purchasers.
With the assist of SBICAPS’ gifted crew, Sinha appears ahead to seizing new alternatives and attaining larger success within the dynamic world of funding banking. Having joined SBI as a Probationary Officer in 1991, Sinha has gained intensive expertise in varied banking verticals equivalent to Treasury, Worldwide Banking, and Retail Banking.
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Up to date: 18 Jul 2023, 10:28 PM IST
Supply: Live Mint