At a board meeting this week, Bangalore-headquartered private sector bank ING Vysya confirmed the appointment of Shailendra Bhandari as managing director and chief executive officer.
Bhandari yesterday started his new assignment. He will be based in Bangalore.
Bhandari brings to his new role an extensive experience across financial services firms in India. He was most recently head of private equity at Tata Capital, a finance company set up by the Tata Group. He was earlier managing director and CEO of Centurion Bank of Punjab from February 2004 to June 2008. He led Centurion through three mergers, starting with the Bank of Punjab in 2005, followed by the takeover of Lord Krishna Bank in 2006, and...