People Moves

EXCLUSIVE: Major Western Bank Appoints NRI Market Head From DBS

Amisha Mehta Assistant Editor 16 September 2015

EXCLUSIVE: Major Western Bank Appoints NRI Market Head From DBS

This publication brings more exclusive news of moves within the Asian wealth management industry.

Credit Suisse has hired Balakrishnan Kunnambath from DBS to fill the role of head of non-resident Indians (NRIs), South Asia, WealthBriefingAsia understands.

Kunnambath will join from his position as managing director within DBS Private Bank in Singapore. Before this, he was managing director at Societe Generale Private Banking, where he focused on the NRI market.

WealthBriefingAsia understands Kunnambath will be bringing five other DBS bankers to the firm. Credit Suisse declined to comment on this. 

Last month, the private banking arm of Zurich-headquartered Credit Suisse hired Abhishek Mehrotra from HSBC Private Bank.

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