CSB Bank appoints Punit Saruparia as Head – Internal Audit and Alok Singh as Head – Treasury

CSB Bank Limited, formerly known as The Catholic Syrian Bank, announced the appointment of Punit Saruparia as Head – Internal Audit and Alok Singh as Head – Treasury, with effect from August 28, 2023.

According to the bank’s exchange filing, “the Board of Directors of the Bank in their meeting held today, i.e., on August 26, 2023, have appointed Mr. Punit Saruparia as the Head – Internal Audit and Mr. Alok Singh as the Head- Treasury of the Bank with effect from August 28, 2023.”

Punit Saruparia has more than 20 years of experience in banking and financial Services sector in various roles where he had the opportunity of enhancing his professional skills and experience in diverse areas of operations, credit, technology implementation, and internal audit. He has a strong understanding of core banking functions, processes, operations, and systems. Prior to his appointment at CSB Bank, he was employed as ‘Chief Internal Auditor at Airtel Payments Bank. He has also worked as Vice President -Internal Audit at IndusInd Bank from 2008 to 2019.

Alok Singh has over 25 years of experience in treasury across various functions at State Bank of India in roles spanning domestic and international locations. He had managed multiple verticals in treasury and was instrumental in setting up treasury desks across India, UK, and USA. He was in charge of investment management, including US Corp, UST, US Munis, and US Agency bonds, confirmation, and settlement of trades, and reconciliation of custodial accounts.

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