ING Vysya Bank Announces Leadership Changes

Top Quote There are few changes in key leadership roles of ING Vysya Bank; effective in the month of October & November 2014. End Quote
  • (1888PressRelease) October 01, 2014 - ING Vysya Bank today announced leadership changes across Operations, IT, Retail Banking and Audit.

    The bank has appointed:
    - Mr. Ashok Rao B as Chief Operating Officer, effective October 1, 2014.
    - Mr. Ambuj Chandna as Chief Distribution Officer- Retail Liabilities, effective October 13,2014.
    - Mrs. Sonalee Panda as Chief Marketing Officer, effective October 13, 2014
    - Mr. Anantha Raman as Chief Auditor, effective October 1, 2014.

    Mrs. A Meenakshi, Head of Operations has decided to pursue opportunities outside the bank and will be leaving effective November 30, 2014. She was instrumental in consolidating operations as a robust and independent delivery platform at IVB.

    After a successful stint of two years, Mr. Brett Morgan, Country Head Branch Banking, Marketing and Private Client Group has decided to move back to Australia to pursue new opportunities. This will be effective October 13, 2014. Brett was instrumental in accelerating the digital and primary bank journey for the retail banking division.

    Commenting on the development, Mr. Shailendra Bhandari, MD & CEO, said, "I am pleased to announce the changes in the leadership team. This is in line with the bank's philosophy to groom internal talent. Keeping in mind our ambitious growth plans, we continue to develop our leadership pipeline with job rotation, stretch assignments and international exposure. I thank Meenakshi and Brett for their invaluable contribution in our journey, and wish the appointees all the very best in their new roles."

    For further information:
    ING Vysya Bank
    Vinu Lal, Tel: (0)80 25005072
    vinu.lal ( @ ) ingvysyabank dot com
    Adfactors PR
    Frenny Doshi / Sameera Alam
    09620833398 / 09916300643
    frenny.doshi ( @ ) adfactorspr dot com dot

    About ING Vysya Bank
    ING Vysya Bank Ltd is a premier private sector bank with retail, private and wholesale banking platforms that serve over two million customers. With over 80 years of history in India and leveraging ING's global financial expertise, the bank offers a broad range of innovative and established products and services, across its 553 branches. The Bank, which has close to 10,000 employees, is also listed in Bombay Stock Exchange Limited and National Stock Exchange of India Limited. ING Vysya Bank was ranked among top 5 Most Trusted Brands among private sector banks in India in the Economic Times Brand Equity - Nielsen survey 2011.

    ING is a global financial institution of Dutch origin offering banking services through its operating company ING Bank and holding significant stakes in the listed insurers NN Group NV and Voya Financial, Inc. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank's 53,000 employees offer retail and commercial banking services to customers in over 40 countries.

    ING Group shares are listed (in the form of depositary receipts) on the exchanges of Amsterdam (INGA NA, ING.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

    Sustainability forms an integral part of ING's corporate strategy, which is evidenced by ING shares being included in the Dow Jones Sustainability Index (Europe and World) and the FTS4Good index.

    Corporate Identity Number: L85110KA1930PLC000124; Tel/Fax: 080-25005000/080-25005555 Email: communications ( @ ) ingvysyabank dot com | Website :
    Address: ING Vysya House, #22, MG Road, Bangalore-560001.

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