State Bank of Mauritius appoints Sidharth Rath as its CEO

State Bank of Mauritius appoints Sidharth Rath as its CEO

State Bank of Mauritius has appointed Sidharth Rath as its new Managing Director & Chief Executive Officer. Prior to joining the bank, Rath was associated with private lender Axis Bank as its Group Executive and Head of Corporate, Transaction Banking and International Banking.

Sidharth-RathState Bank of Mauritius (India) has been granted the licence by the Reserve Bank of India to carry on business as a scheduled commercial bank in adherence to the Banking Regulation Act, 1949, with effect from December 1.

With its focus on wholesale banking, trade finance, capital markets and retail banking, it will provide universal banking services.

Rath has over 17 years with India’s third-largest private sector lender Axis Bank across various roles and verticals. He has more than 26 years of experience in the financial sector.

Before working with Axis Bank, Rath was associated with IFCI, formerly known as Industrial Finance Corporation of India.

He holds a bachelor’s degree in commerce and a master’s in business from Xavier Institute of Management.

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.

Get a chance to meet the Who's who of the BFSI industry. Join Us for 8th NBFC100 Tech Summit, Mumbai and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.

Subscribe Newsletter