RBS hires Devesh Kumar as head of equities for India

Kumar, who has a background with several banks in India, joins RBS after 15 months as CEO of Fortune Financial Services.
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Photo: AFP</div>
<div class="ArticleImageCaption" style="border-width: 0px; text-align: right; padding: 0px; font-size: 7pt; color: rgb(119, 119, 119);"> Photo: AFP</div>

Royal Bank of Scotland has hired senior Indian banker Devesh Kumar to fill a newly created position as head of equities for India as it continues to expand its business in the region, the UK bank said yesterday.

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