The development has taken place on the heels of Royal Bank of Scotland’s (RBS) decision of withdrawing its customer-facing activities in the country.
RBL Bank said in a statement that it has appointed Brijesh Mehra, current country executive, India and the corporate and institutional banking head at RBS India, as head – corporate, institutional and transactional banking.
Sources said, Mehra has been entrusted with the task of developing and managing relationships with large corporates, multinational corporations, PSUs, financial institutions, government departments and local administration.
Mehra is having a vast experience of over three decades of working for foreign lenders. He will be reporting to Managing Director and Chief Executive Vishwavir Ahuja, the Kolhapur-headquartered bank said in a statement.