Rakesh Singh heads private banking at HDFC Bank

Hyderabad:  Rakesh Singh has been appointed head of Private Banking at HDFC Bank. He will continue to head the Bank’s Investment Banking, Capital Markets and Financial Institutions businesses. 

As of December 31, 2017, the Private Banking business had assets under advice of over Rs. 93,000 crore across over 16,000 families in India and overseas.
For this role, Singh will report to Abhay Aima, Country Head - Global Consumer Business, Private Banking and Distribution, Direct and Digital Banking and Retail Liabilities, HDFC Bank.

 “I am excited to have been given this opportunity,” said. Rakesh Singh. Singh is an IMT Ghaziabad Alumni, and has over 25 years of experience in managing client relationships, Debt and Equity Capital Markets, Structured Finance, Leveraged Finance, Debt Restructuring and managing Proprietary Investments. Prior to joining HDFC Bank, Singh was Managing Director and Co-Head-Financing Advisory at Rothschild.