Fullerton India has announced the appointment of Shantanu Mitra as CEO and MD of the company, effective from April 2, 2021.
Mitra holds over four decades of experience in financial services, with over 20 years at Standard Chartered and Citibank where he had stints in India, Singapore and Thailand, according to a statement.
His last role in Standard Chartered was Senior Regional Risk Officer, India, Middle East & Africa, based in Mumbai.
His previous experience with Fullerton included a stint from 2010 to 2017, initially as Head of Consumer Risk for the parent company Fullerton Financial Holdings, Singapore and subsequently a tenure as CEO and MD with Fullerton India.
Commenting on the development, Shirish Apte, Chairman, Fullerton India Board, said, “I am confident that Shantanu’s diverse leadership experience in the areas of digital, risk and people management will inspire Fullerton India to continue to grow its businesses and deepen its leadership positions in key products and geographies while maintaining a strong governance and risk culture as well as accelerate Fullerton India’s digital journey”
Yeo Hong Ping, Deputy Chairman of Fullerton India Board and Non-Executive Director, said, “Fullerton India is Fullerton Financial Holdings’ (FFH) flagship portfolio entity. We remain excited with its long term potential and believe Shantanu will be able to lead the franchise towards even greater success.”
Shantanu Mitra said, “I am honoured and excited to re-join an organization of such a rich legacy and filled with dedicated individuals. I look forward to working with the Fullerton family and put in place strategies to propel the company’s businesses to even greater heights amidst the challenges faced in the BFSI sector.”
Fullerton India Credit Company Limited is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Ltd., which in turn is a wholly owned subsidiary of Temasek Holdings Pte. Ltd., Singapore. Fullerton Financial Holdings invests in financial institutions in emerging markets with its prime focus on Business and Consumer banking.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.