DBS Appoints Ex-Standard Chartered Banker to Lead India Wealth Unit
DBS has appointed Nitin Chengappa, formerly with Standard Chartered, as managing director and head of its Treasures business and wealth management in India. Chengappa joined in July and reports to Ambuj Chandna. The move follows the 2025 CEO switch to Rajat Verma and comes as DBS plans to open 18 wealth centres across Asia by end-2027 and refurbish 36 in the next 18 months.