SBM Bank yesterday appointed Ashish Vijayakar as the Chief Executive Office (CEO) and Managing Director (MD). The appointment is for three years starting 17th February 2024, the bank informed via a statement.
According to the statement, Vijayakar is a veteran banker with a track record spanning around three decades in the banking and financial services sector.
“With his proven track record of driving business growth, leading transformational initiatives and fostering winning teams, Vijayakar’s leadership will propel SBM Bank India to new heights of success,” said Sattar Hajee Abdoula, Chairman, SBM Bank India, in the statement.
Having a background in building and growing global businesses, Vijayakar has held positions across various geographies in Standard Chartered Bank. As Co-head and MD at Standard Chartered Bank, he navigated complex market dynamics and delivered sustainable results, the statement noted.
“I look forward to work closely with the team at SBM Bank India to further enhance the groundwork established by my predecessors and foster sustainable growth that brings value to all stakeholders,” Vijayakar said.
As a career banker, he holds expertise in the domains of business transformation, risk management, innovation and managing changing business environment processes, among other areas of operations, added the statement.
