DBS Bank India has announced that Rajat Verma will assume the role of CEO starting 1 March 2025.
Verma, currently serving as Head of Institutional Banking Group (IBG) at DBS India, will succeed Surojit Shome, who is set to retire on 28 February 2025.
Verma, a banking veteran with 27 years of experience, joined DBS in June 2023 and has been instrumental in driving growth across all client segments.
Under the leadership of Surojit Shome, DBS India has evolved into a full-service platform spanning institutional banking, wealth management, and retail banking.