Banking

Induslnd Bank appoints Gaurav Kapur as their Chief Economist

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Private lender Induslnd Bank has appointed Gaurav Kapur as the Chief Economist of their Global Markets Team.

Kapur will be based in Mumbai, responsible for formulating IndusInd Bank’s economic forecasts and developing cross-border thematic research, reported the Financial Express.

Reportedly, he will also oversee the tracking the local and global macro-economic environment and formulating views, opinions and forecasts about the Indian economy, markets and policy environment.

He has extensive experience in the field of country risk management and sovereign ratings and has worked on the credit ratings review of key economies in Asia including India.

Commenting on the new appointment, Romesh Sobti, MD and CEO, IndusInd Bank said , “We are very happy to have Gaurav Kapur on board and are confident that his in-depth research and analysis of local and global macro economies will give a broader framework to develop our strategy to help us achieve excellence in our business.”

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