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Business News/ News / India/  Standard Chartered Bank appoints Kusal Roy as head of retail banking
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Standard Chartered Bank appoints Kusal Roy as head of retail banking

Roy has over 25 years of experience in retail banking, payments industry and the non-banking financial company (NBFC) sector
  • Prior to joining Standard Chartered Bank, he was the managing director and chief executive at Tata Capital Financial Services Ltd
  • Kusal Roy will report to the bank’s India chief executive Zarin Daruwala, (Photo: Bloomberg)Premium
    Kusal Roy will report to the bank’s India chief executive Zarin Daruwala, (Photo: Bloomberg)

    MUMBAI: Standard Chartered Bank India on Tuesday said it has appointed Kusal Roy as its head of retail banking.

    Roy has over 25 years of experience in retail banking, payments industry and the non-banking financial company (NBFC) sector.

    Prior to joining Standard Chartered Bank, he was the managing director and chief executive at Tata Capital Financial Services Ltd. During his career, Roy has held various senior roles in ICICI Bank, Barclays Bank and Citibank India.

    Roy will report to the bank’s India chief executive Zarin Daruwala, and regional head of retail banking for ASEAN and South Asia Sebastian Arcuri.

    “... I am confident that Kusal will build on the momentum, and also contribute to the strategic leadership of the franchise as a key member of the Country Management Team," said Daruwala.

    Roy did his bachelor of technology (BTech) from Indian Institute of Technology (IIT), Kharagpur and post-graduation from the Indian Institute of Management (IIM), Ahmedabad.

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    ABOUT THE AUTHOR
    Shayan Ghosh
    Shayan Ghosh is a national editor at Mint reporting on traditional banks and shadow banks. He has over 12 years of experience in financial journalism. Based in Mint’s Mumbai bureau since 2018, he tracks interest rate movements and its impact on companies and the broader economy. His interests also include the distressed debt market, especially as India’s bankruptcy law attempts recoveries of billions worth of toxic assets.
    Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
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    Published: 05 May 2020, 12:51 PM IST
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