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JPMorgan (Picture: Bloomberg)
Prabdev Singh, chief government officer of JPMorgan Chase & Co.’s financial institution in India, has stepped down earlier than the tip of his time period.
Pranav Chawda, head of business banking for India, will develop his present tasks to change into the top of India Company Banking and may verify that PD Singh is leaving the agency, a JPMorgan consultant stated by e mail in response to queries from Bloomberg Information.
Singh, popularly often called PD, had acquired regulatory approval in January 2023 for a three-year time period as CEO of JPMorgan Chase Financial institution India. He had changed Madhav Kalyan who — in October 2022 — was named head of funds for Asia Pacific.
The Wall Road agency, which traces its presence in India again to 1922, began industrial banking operations within the nation about 17 years in the past. JPMorgan has 4 industrial financial institution branches within the nation, knowledge on its web site reveals. It has 4 branches together with in Delhi and Mumbai.
Singh, an engineer, had labored for a decade at HSBC Holdings Plc earlier than becoming a member of JPMorgan in 2010, in response to his LinkedIn profile.
First Revealed: Jun 25 2024 | 12:46 AM IST