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Areion appoints former IDBI Bank DMD Suresh Khatanhar as Group CEO

• By Ria Duneja
Areion appoints former IDBI Bank DMD Suresh Khatanhar as Group CEO

Areion has appointed veteran banker Suresh Khatanhar as its Group Chief Executive Officer, strengthening its leadership team as the financial services and investment group prepares for its next phase of growth.

With more than four decades of experience in India's banking and financial services sector, Khatanhar will lead the group's strategic direction, business expansion and operational excellence across its businesses.

Veteran banker to lead growth strategy

Before joining Areion, Khatanhar served as Deputy Managing Director at IDBI Bank, where he oversaw several critical functions including retail banking, treasury, centralised operations, risk management, government business, audit, legal and governance.

Over the course of his career, he has led large-scale business transformation initiatives, strengthened governance frameworks and driven sustainable growth across the banking sector.

At Areion, he will focus on steering the group's strategic priorities as it expands its presence across asset management, special situation resolution and retail banking.

Leadership strengthened for next growth phase

Announcing the appointment, Manish Lalwani, Founder of Areion Group, said the leadership move reflects the company's long-term growth ambitions.

"We are delighted to welcome Suresh Khatanhar to the Areion Group family. His extensive experience, proven leadership, and deep industry insights will be invaluable as we steer into the next phase of growth.

"As we continue to expand our presence across asset management, special situation resolution and retail banking, his strategic vision and institutional expertise will be instrumental in creating long-term value for all our stakeholders," he said.

The appointment comes as Areion looks to strengthen its leadership bench and accelerate growth across its diversified financial services portfolio.