DBS Bank, recently, has appointed Ambuj Chandna as Managing Director and Head of the Consumer Banking Group for core business functions. A seasoned banker with over 16 years of experience at Kotak Mahindra Bank, Chandna brings deep expertise in retail lending and consumer banking strategy to the Indian arm of Singapore’s largest bank.
This leadership change comes amid broader structural shifts at DBS Bank India. It also closely follows the elevation of Rajat Verma—formerly head of the Institutional Banking Group—to the role of CEO, effective from March 2025. Chandna’s appointment marks one of the first key changes under Verma’s leadership, signaling a renewed focus on strengthening DBS’s position in India’s competitive retail banking space.
Chandna’s robust background in retail banking, paired with his proven leadership in product development and strategic growth, positions him as a key driver in DBS Bank India’s next phase of expansion. The reshaped leadership team is expected to bring in new energy and direction, reinforcing the bank’s ambitions in the evolving Indian financial landscape.
As DBS continues to adapt to the dynamic demands of the Indian market, Chandna’s appointment signals a promising era of innovation and consumer-centric growth for the bank.
