RBS appoints Leena Gidwani as market head for Western India

In her new position, Ms Gidwani will be responsible for business development and brand positioning

The Royal Bank of Scotland Group (RBS) has appointed Leena Gidwani as market head, Western Region, for its private banking business in India, reports PTI.

Ms Gidwani will be based in Mumbai, overseeing a team of 15 staff comprising private bankers and client-relationship associates, a statement issued by the Bank here said.

She will be responsible for driving business development, delivering the strategic growth plan and positioning the brand in the market. She will report to Shiv Gupta, head of RBS private banking business in India, it further said.

“Leena’s appointment is an important step forward for the business as we implement our strategic plan in India with a view to significantly growing our staff base and assets under management (AUM) over the next four to five years,” Mr Gupta said.

"The western region, with Leena's stewardship, will feature heavily in our plans to grow overall country AUM by 30% over this period,” Mr Gupta said.

The western region currently accounts for 40% of overall AUM of the RBS private banking business in India, the release said.

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