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DBS Chola AML Chief Executive

Our Bureau

Chennai, July 3

DBS Cholamandalam Asset Management Ltd has announced that Mr Rajnish Narula will be the company's new Chief Executive, with effect from June 23. DBS Chola AML, a subsidiary of Cholamandalam DBS Finance Ltd, a joint venture between the Murugappa Group and DBS Bank of Singapore, is the investment manager of DBS Chola Mutual Fund. Mr Narula was earlier the Chief Executive Officer of Alliance Asset Management Ltd. He has over two decades of experience in banking with ANZ Grindlays Bank (and, subsequently, Standard Chartered Bank) where he was the Head of Investment Services and Priority Banking. Mr Narula's appointment follows the shifting of Mr Sashi Krishnan to DBS in Singapore. Mr Krishnan will work closely with the DBS South and Southeast Asia team in the areas of strategic planning and business development.

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