ING Vysya Bank appoints new head of retail banking

Company News

New Delhi, July 06

ING Vysya Bank today announced the appointment of Uday Sareen as Country Head - Retail Banking and a member of the Executive Management Committee. The appointment is effective immediately reporting in to the Managing Director and Chief Executive Officer of the bank Vaughn Richtor, and is based out of Bangalore.

Uday will be responsible for ING Vysya Bank’s retail banking operations. Prior to joining ING, as a senior member of the global consumer group of Citibank, Uday was part of a team that built the retail brand in the country. His experiences encompass branch banking, wealth management, product management, operations, sales and distribution. Uday’s most recent position with Citibank was that of Senior Vice President & Head – Branch Banking & Wealth Management.

Mr. Richtor said: “Uday brings to the table over a decade of rich retail banking experience and we look forward to an accelerated growth plan in the retail banking segment under his leadership”.

ING Vysya Bank has a strong retail-banking network comprising 400 branches, 40 extension counters, 28 satellite offices and 170 ATMs connected to the core banking solution.

The appointment of Uday comes on the back of the appointment by ING Retail Banking Asia of Ramakrishnan Subramanian as Managing Director, Retail Banking Asia to be based in Singapore. Joining from his role as Regional Director, Global Consumer Banking – Asia Pacific, again from Citibank, he will work to develop and leverage new initiatives across ING’s retail banking platform in the Asia Pacific region.

For more information, please contact:

ING Vysya Bank

G K Sateesh Kumar

+91 (0)80 25005 832

sateeshkumargk@ingvysyabank.com

Hanmer & Partners

Prerana / Monika

46524000 – 03

9873349022 / 9811784695