Rajnish Narula appointed Chief Executive of DBS Cholamandalam

Chennai, Jul 3 (UNI) Mr Rajnish Narula assumed office as the new Chief Executive of DBS Cholamandalam Asset Management Limited.

He took charge as Chief Executive on June 23, a company release said here today.

DBS Chola AML, a subsidiary of Cholamandalam DBS Finance Limited, a joint venture between the Murugappa Group and DBS Bank of Singapore, is the investment manager of DBS Chola Mutual Fund.

He was was earlier the Chief Executive Officer of Alliance Asset Management Limited. He had over two decades of experience in banking with ANZ Grindlays Bank where he was the Head of Investment Services and Priority Banking, the release added.

Mr Narula's appointment followed the secondment of Mr Sashi Krishnan to DBS in Singapore. Mr Krishnan would work closely with the DBS South and Southeast Asia team in the areas of strategic planning and business development.

Company Chairman M A Alagappan expressed confident that Mr Narula, with his rich experience in banking and financial services, would provide the leadership that would enable the company achieve its plans for accelerated growth.

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