RBS elevates Brijesh Mehra to country executive
As country executive Brijesh will assume overall management oversight for all businesses of RBS in India
Mumbai: Royal Bank of Scotland N.V. (RBS) on Tuesday appointed Brijesh Mehra as the country executive for India with immediate effect. Mehra succeeds Meera Sanyal, who quit from the bank in December 2012 to join politics.
Mehra’s elevation was considered a formality because he has, since Sanyal quit, been the de-facto chief of the bank in India as head of international banking for India and south east Asia.
“As country executive for India, in addition to overseeing the bank’s risk and governance framework, Brijesh will assume overall management oversight for all the businesses of the bank in the country. Further, he will continue as the head of the India coverage business of the newly formed corporate and institutional banking division (the erstwhile markets and international banking arm), which includes debt financing, transaction services and risk management," RBS said in a media statement.
Mehra will report to Sanjeev Kumar, head of coverage, Asia Pacific; and Richard Place, head of transition and network, Asia Pacific, for in-country governance and controls, RBS said.
“I truly believe that in the new role, Brijesh will further add value to the firm, and enable enhanced customer focus through better control and governance over both the front and back office. His appointment also reinforces RBS’s continued commitment to our India franchise and to our business across our 10-country network in the Asia Pacific," Pierre Ferland, head of corporate and institutional banking, Asia Pacific, was cited a saying in the statement.
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