J.P. Morgan's India treasurer Srinivasan quits

Srinivasan Varadarajan who is currently treasurer for J.P. Morgan in India has resigned and there is speculation that he will become a board member at Axis Bank.

J.P. Morgan veteran Srinivasan Varadarajan who is currently treasurer of the US bank's India operations, based in Mumbai, has tendered his resignation.

Srinivasan has been with J.P. Morgan since 1998, when the US bank dissolved its joint venture with ICICI Bank and set up shop alone in India. Before that he was with ICICI Securities, the joint venture between ICICI and J.P. Morgan which was formed in 1993. Srinivasan joined ICICI in 1990 after an MBA from the Indian Institute...

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