Ranjit Khanna, who was most recently the chief executive of the Singapore office of Union Bancaire Privee as well as its head of private banking for south Asia, has joined Bank of Singapore.
Khanna has been appointed as its global market head of the Middle East and chief executive of its Dubai International Financial Centre (DIFC) branch, effective 3 April, subject to regulatory approval.
He will report to Bank of Singapore chief executive officer Jason Moo.
He is a replacement for Alexandre Lotfi as CEO of the DIFC branch, who is relocating to Singapore to continue in his other role as global chief risk officer.
Meanwhile, Vikram Malhotra, who previously oversaw the business growth of the DIFC branch from Singapore, will now focus on expanding the bank’s coverage of the non-resident Indian segment across Asia as global market head of south Asia.
“With two separate hubs in DIFC and Singapore now driving our global south Asia and Middle East business, led by Ranjit and Vikram respectively, this underpins the importance of the region to the bank and reinforces our commitment to grow the business by ensuring strong leadership on the ground,” said Moo.