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RBI approves Pranav Chawda as the Chief Executive Officer (CEO) of JP Morgan Chase Bank India.

Banking & Finance | Dated: 11 Nov 2024

RBI has approved Pranav Chawda’s appointment as the Chief Executive Officer (CEO) of JP Morgan Chase & Co's domestic banking unit, JP Morgan India, for a three-year term.

🎯 Key Highlights:

  • - He succeeds Prabhdev Singh, who resigned in June 2024, prior to completing his tenure.
  • - In this role, Chawda will also oversee the corporate banking division, aligning with the bank's strategy to integrate its commercial and corporate banking services.

💡 Other Important Facts:

  • (i) Chawda joined JP Morgan in 2019 as the head of client banking and specialized industries, focusing on midsized companies based in India.
  • (ii) JP Morgan India’s centers in Mumbai (Maharashtra), Bengaluru (Karnataka), and Hyderabad (Telangana) offer global operational support.

📚 Test Your Knowledge:

Recently, RBI approved who as the Chief Executive Officer (CEO) of JP Morgan Chase Bank India?

Correct Answer: Pranav Chawda

🚀 Quick Recap: