Romesh Sobti, MD and CEO of Indusland Bank have been chosen as Business Standard Banker of the Year 2013-2014 by a five member jury headed by Subir Gokarn. As per Business Standard, Mr Sobti has been chosen for bank’s consistent performance during a period of slow economic growth, high inflation, mounting NPAs and muted credit demand.
Five members jury consists of former deputy governor of the RBI Subir Gokarn, Mahindra & Mahindra’s director Bharat Doshi, State Bank of India’s former MD Diwakar Gupta, Ican Investment Advisor’s chairman Anil Sanghvi and Ambit group’s CEO (institutional equities) Saurabh Mukharjee.
Panel has reviewed various aspects which include business growth, corporate governance standards, efficiency ratio to quality of assets and employee productivity, technology initiatives, and customer service quality.
After deliberating for over an hour, five members jury zeroed on three candidates out of which Mr. Sobti has been chosen unanimously as Business Standard banker of the year 2013-2014.
Mr. Romesh Sobti has more than 30 years of experience in large state owned and multinational banks like ANZ Grindlays bank, ABN AMRO Bank N.V. and State Bank of India. prior to joining Indusland Bank, Mr. Romesh Sobti was with ABN AMRO Bank as an Executive Vice President-Country Executive, India and Head of UAE & subcontinent. He holds a bachelors degree (Honours) in electrical engineering and has also done his diploma in corporate laws and secretarial practice.