Top banker Rajeev Srivastava has been named new chief executive officer at Standard Chartered Securities (India), “subject to regulatory approvals,” the bank said in a statement.

Srivastava joins SCSI from HDFC Securities where he was heading the products and business development functions of the organisation. Before that, he was associated with Reliance Securities as a chief business officer, leading their brokerage and distribution business. He has also worked with ICICI Bank in its private banking division.

With nearly two decades of experience in capital markets and banking, he has an in-depth understanding of the key drivers for business delivery and client servicing. He also comes with a deep interest and understanding of both the distribution channels – physical as well as digital, and their interdependencies.

“We welcome Rajeev Srivastava as the new CEO of SCSI, which continues to be a key pillar of our growth strategy in India. I am confident that with his rich experience, he will take the business to new heights through enhanced product offerings, continuing focus on client servicing, and greater collaboration between SCSI and the bank,” Zarin Daruwala, cluster CEO, India, and South Asia markets, Standard Chartered Bank said.

While reacting over his appointment Srivastava said, “I look forward to building on the growth momentum through capitalising on brand strength, unlocking synergies, and delivering best-in-class products and services to our clients.”