Singapore's DBS Group said on Monday it has appointed Rajat Verma as chief executive officer of DBS Bank India, succeeding Surojit Shome, who would retire at the end of February.

DBS is appointing Rajat Verma as chief executive officer of India, with effect from March 1, following regulatory approval from the Reserve Bank of India. Verma, currently head of institutional banking group (IBG) at DBS Bank India,

DBS Bank India has appointed Rajat Verma as its new chief executive officer, effective 1 March 2025. Verma, currently serving as head of the Institutional Banking Group (IBG) at DBS India, will take over from Surojit Shome,

Rajat Verma, currently Head of Institutional Banking Group at DBS India, will succeed Surojit Shome as CEO in March 2025, after Shome’s retirement.

DBS Bank has appointed Rajat Verma as its new chief executive officer of DBS Bank India effective from Mar 1, 2025. Read more at The Business Times.

DBS Bank India has confirmed that Rajat Verma will take over as its Chief Executive Officer (CEO) from March 1, 2025. Two prominent foreign banks operating in India are set to witness significant leadership transitions in 2025. Singapore-based DBS Bank and British multinational Standard Chartered have both announced changes at the helm.

In a statement, DBS said Verma, current head of institutional banking group at DBS Bank India, had been appointed, effective from March 1, in line with RBI approval