As of December 31, 2017, the Private Banking business had assets under advice of over Rs. 93,000 crore across over 16,000 families in India and overseas.
"I am very excited to have Rakesh at the helm. Rakesh's rich experience and relationship network in investment banking and capital markets, coupled with his knowledge of the Indian economy and capital markets, will strengthen our Private Banking business. I wish him all the very best for his new responsibilities," said Aima.
"I am excited to have been given this opportunity. The primary focus will be on continually identifying and tapping wealth creation opportunities for our existing clients and welcoming new clients into the business. In doing so, we hope we are able to efficiently service and exceed our clients' expectations and target wealthier Indians, including those in Tier II & III cities for business growth," said Rakesh on his appointment. (ANI)