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RBS builds on expansion plans in India

The Royal Bank of Scotland Group (RBS) has appointed Leena Gidwani as market head, western region, for its private banking business in India.

Date: April 9, 2010

Tags: RBS, Leena Gidwani, Shiv Gupta, India

The Royal Bank of Scotland Group (RBS) has appointed Leena Gidwani as market head, western region, for its private banking business in India.

She will oversee a team of 15 private bankers and client relationship associates in this new role, and will be responsible for “driving business development, delivering the strategic growth plan and positioning the brand in the market”, said the bank in an official statement.

Gidwani comes to RBS with over 15 years of experience in financial services, mostly with HSBC in India and the UK. During her career she has held senior roles in treasury marketing, capital markets, corporate banking, corporate strategy, project management and client servicing.

The announcement is part of RBS’ commitment to grow its private banking presence in this part of India, as well as the rest of the country, over the next four to five years.

Said Shiv Gupta, head of RBS’ private banking business in India: “The western region, with Leena’s stewardship, will feature heavily in our plans to grow overall country AUM by 30% over this period.”

The western region currently accounts for 40% of overall AUM of RBS private bank’s business in India.

 
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