Royal Bank of Scotland’s India head Brijesh Mehra is joing RBL Bank as head of corporate and institutional banking. Mehra’s exit from RBS comes as the bank is closing its operations in India. Mehra was appointed as RBS CEO in July 2014. The bank, in February 2015, has announced that it will shut down operations in the country as part of a global reshuffle to cut costs and improve returns for shareholders. In May 2016, the bank announced that it will close down its ten remaining branches in the country. At RBL Bank, Mehra will report to the bank’s MD & CEO Vishwavir Ahuja. RBL Bank’s corporate and institutional banking head Gurumurthy R will look after risk & governance portfolio.
