Jaspal Bindra, former Asia Pacific chief executive at Standard Chartered Bank has been appointed as the Executive Chairman of Centrum Group.
Chandir Gidwani, founder & promoter, Centrum, said to the Business Standard that the group was operating in a highly dynamic and competitive business environment. Bindra’s strategy and execution track record is exactly what Centrum needs, for growth in the future, he adds.
The XLRI alumnus, Bindra extensive global experiences, and he will lead the next phase of high growth at Centrum. He has over three decades of experience and has served in leadership positions with Standard Chartered Bank, UBS and Bank of America. Bindra is credited for making Standard Chartered India one of the three largest international banks in the country by assets and its third-largest profit and revenue driver.
The Centrum Group, set up in 1995 by Gidwani and Khushrooh Byramjee, has 125 branches spanning 48 cities and offers integrated financial services to corporate and retail clients with its investment banking (equity & debt), wealth management, institutional broking and forex services, and claims to have over 1 million retail customers.