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JPMorgan Chase Bank India CEO Prabdev Singh Steps Down – PYMNTS.com

JP Morgan Chase Bank India CEO Prabhudev Singh He will reportedly step down from his position and leave the bank about a year and a half into his three-year term.

Singh received regulatory approval for a three-year term starting in January 2023, Bloomberg reported. report Monday (June 24th).

He joined JP Morgan in 2010. Madhav Kalyan According to reports, Kalyan will take up the role of CEO of Indian bank in October 2022 after being appointed head of payments for Asia Pacific.

Kalyan Person Responsible for Payment In the Asia-Pacific region, he was successful. Sridhar Kantadaiwho became co-head of Global Payments Rail and Payments VAS.

“Madhav’s appointment to this key role is another great example of internal talent mobility and the strength of our talent,” JPMorgan said in a statement at the time. “He joined JPMorgan in 2009 and served as Head of India Corporate Banking and CEO of JPMorgan Chase Bank India before becoming Senior Country Officer (SCO) for India in early 2021.”

Pranav Chavda will take on the role of head of India corporate banking, expanding on his current role as head of India commercial banking, Bloomberg reported on Monday.

another Changes in management JP Morgan on June 3rd Takis GeorgakopoulosThe banking giant’s global head of payments is leaving the company to pursue other ventures.

Georgakopoulos has led the division since 2017 and is credited with helping to expand the payments business.

Thursday (June 20th), Fiserv Georgakopoulos said: Intention He joined the company on September 3rd. Senior AdvisorExecutive Vice President and Member of the Executive Committee.

Before his new role at Fiserv was announced, Georgakopoulos wrote in a LinkedIn post that he had decided to pursue opportunities outside of JPMorgan.

“It’s not easy, but after 17 years at JPMorgan, I Very exciting “External opportunity (to be announced at a later date),” he wrote in the post.

His departure All at once JPMorgan Chase’s board of directors is in order CEO Change In the medium term Jamie Dimon He has served in the position for 18 years and is one of several financial company CEOs being mentioned as potential candidates for senior government positions.