Foreign lender Standard Chartered has announced that Amit Saxena will be heading the Standard Chartered Investments and Loans (SCILL). This SCILL IS the non-banking financial (NBFC) platform of Standard Chartered. The lender says that it aims to focus on the large retail lending and wealth products distribution opportunity in the market.
Prior to joining Standard Chartered, Amit Saxena was the Chief Executive Officer & Managing Director of Karvy Finance.
At Stan Chart, Saxena is expected to build on the lender's client franchise and to offer suite of retail lending products to the customers.