Inderjit Bedi has been named as the next Chairman of AfrAsia Bank. Mr. Bedi was unanimously chosen for this post, after a recommendation from the Corporate Governance Committee.
Mr. Bedi is a British citizen who has worked in commercial and investment banking for over 30 years. He has held executive roles at some of the world’s most prestigious and largest financial companies. Prior to founding Bellhouse Capital in the UK, he spent four years as a member of the UniCredit/HVB London Management Board, where he handled all capital markets and distribution operations in London and assisted in the integration of Italy’s UniCredit and Germany’s HypoVereinsbank.
“I am honoured to chair the new Board which, alongside my colleagues at the Board, will propel and support the Bank’s future growth trajectory and deliver progress in the challenging environment currently confronting us. We remain committed to collectively strengthen AfrAsia’s domestic foothold while expanding its reach on a regional and global front,” he said.
Sanjiv Bhasin, CEO AfrAsia Bank said: “We are confident that, with Mr. Bedi’s proven leadership and our Directors’ complementary skills and experience, we are well-positioned to steward AfrAsia Bank to strengthen its market position amongst its peers focusing on customer experience, innovation, teamwork, and prudent risk management”.
Mr. Bedi also highlighted that the Bank’s journey and achievements have been commendable since inception. “The Bank is well-positioned with a strong executive team leading its strategy and operations. As I look ahead to AfrAsia’s future, I see a number of opportunities which we can capitalize on to progress further expanding the customer and regional footprint meaningfully and adding to the franchise value in a sustainable fashion,” he added.