The Reserve Bank of India (RBI) has approved the appointment of Rajat Verma as the new Chief Executive Officer of DBS Bank India. Verma will take over from Surojit Shome, who has led the bank since April 2015.

• Currently, He is the Head of the Institutional Banking Group (IBG) at DBS Bank India.
• Verma joined DBS in June 2023 and has played a pivotal role in driving growth across various client segments, including corporate and institutional banking.
• With 27 years of experience in consumer and corporate banking, Verma has expertise in areas such as transaction banking, sustainable finance, SME banking, and branch banking.
• His appointment signals a leadership shift as DBS Bank India prepares to further its expansion and operational goals under new leadership.