BUSINESS

Leena Gidwani is RBS' market head for W India

Source:PTI
March 30, 2010 14:06 IST

The Royal Bank of Scotland Group on Tuesday appointed Leena Gidwani as Market Head, Western Region, for its private banking business in India.

Gidwani will be based in Mumbai, overseeing a team of 15 staff comprising private bankers and client relationship associates, a statement issued by the bank in Mumbai said.

She will be responsible for driving business development, delivering the strategic growth plan and positioning the brand in the market.

She will report to Shiv Gupta, head of RBS Private Banking business in India, it further said.

"Leena's appointment is an important step forward for the business as we implement our strategic plan in India with a view to significantly growing our staff base and assets under management over the next four to five years," Gupta said.

"The Western Region, with Leena's stewardship will feature heavily in our plans to grow overall country AUM by 30 per cent over this period," Gupta said.

The Western region currently accounts for 40 per cent of overall AUM of the RBS private bank's business in India.

Source: PTI
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