Standard Chartered Bank India has named Kusal Roy as its new Head of Retail Banking with effect from 5 May 2020.
Kusal holds over 25 years of wide experience around sectors namely retail banking, the payments industry, and NBFC sector. Before joining Standard Chartered, he was appointed as the Managing Director and Chief Executive Officer at Tata Capital Financial Services Ltd. In his career, he held several leadership roles in ICICI Bank, Barclays Bank, and Citibank India.
As a part of his new appointment, Kusal will report to Zarin Daruwala, India, CEO, and Sebastian Arcuri, Regional Head, Retail Banking, ASEAN & South Asia.
Zarin Daruwala, CEO, India, Standard Chartered Bank, said, “We are pleased to have Kusal on board, who brings with him a wealth of experience in retail banking. The business has recorded an impressive performance and 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.”
, Kusal said, “I am delighted to join Standard Chartered Bank which has a rich legacy of over 160 years in India and truly embodies its promise of being Here for good. As the largest foreign bank in India by footprint and with its strong digital foray, the Bank has made some very impressive strides in Retail Banking. I look forward to working closely with the team and taking the Standard Chartered retail franchise forward in India.”
Kusal has completed his BTech from the Indian Institute of Technology (IIT), Kharagpur, and post-graduation from the Indian Institute of Management (IIM), Ahmedabad.