IDBI Capital appoints Bhatnagar as CEO and MD

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Posted: Tuesday, Apr 08, 2008 at 1650 hrs IST
Updated: Tuesday, Apr 08, 2008 at 1650 hrs IST

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Mumbai, April 8: : IDBI Capital Market Services Ltd on Tuesday announced the appointment of Nagendra Bhatnagar as its new Managing Director and CEO.

Bhatnagar replaces Sushil Muhnot, who will now head the personal banking division of IDBI Bank.

"I am delighted to join a company with such a strong heritage as a part of the IDBI Group. I hope to leverage my past experience in different set-ups to establish and grow IDBI Capital's business," Bhatnagar said in a press release issued in Mumbai.

Prior to this assignment, he has worked with State Bank of India.

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