Standard Chartered Investments and Loans Ltd (SCILL) today said it has appointed Amit Saxena its CEO and Managing Director.
SCILL is the NBFC platform of Standard Chartered.
“In this role, Amit will help build on Standard Chartered’s client franchise, offering retail customers with a diversified suite of retail lending products,” a company statement said.
Prior to joining Standard Chartered, Saxena was the CEO and MD of Karvy Finance.
Shyamal Saxena, Head, Retail Banking, India, Standard Chartered, said: “Amit brings on board a significant depth of experience and a proven trackrecord of success in retail lending space. We are confident that Amit will play an important role in growing this business as we pursue our strategy of providing a diverse suite of retail lending products to our clients.”
SCILL aims to focus on large retail lending and wealth product distribution opportunity with a diversified product suite of retail lending and wealth products.