Ambuj Chandna Joins DBS Bank India as MD & Head of Consumer Banking Group
Ambuj Chandna, a veteran banker with over 16 years of experience at Kotak Mahindra Bank, has joined DBS Bank India as Managing Director (MD) and Head of Consumer Banking Group. His move to DBS India comes shortly after Rajat Verma took over as the CEO of DBS Bank India on March 1, 2025. Chandna was previously serving as President and Head of Consumer Bank (Products) at Kotak Mahindra Bank, where he played a key role in the bank’s retail strategy. His transition marks one of the first major leadership changes under Verma’s tenure.
| Summary/Static | Details |
| Why in the news? | Ambuj Chandna Joins DBS Bank India as MD & Head of Consumer Banking Group |
| New Position | MD & Head of Consumer Banking Group, DBS Bank India |
| Previous Position | President & Head of Consumer Bank (Products), Kotak Mahindra Bank |
| Years at Kotak | 16+ years |
| Joined | Kotak Mahindra Bank 2015 (after ING Vysya Bank acquisition) |
| Prior Experience | Deutsche Bank, Standard Chartered Bank |
| Replaces at DBS | Prashant Joshi |
| DBS Bank India CEO | Rajat Verma (since March 1, 2025) |
| Major Kotak Restructuring | July 2024 |
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