CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been appointed as new executive chairman of Centrum Capital group
A
Sanjiv Bhasin
B
K Sandeep Nayak
C
Jaspal Bindra
D
Timothy Armour
Explanation: 

Detailed explanation-1: -Jaspal Bindra, the former Standard Chartered group executive director and chief executive officer for Asia Pacific who stepped down last year, has been appointed executive chairman of the Centrum Group-a merchant banking and advisory firm based in Mumbai.

Detailed explanation-2: -The Centrum Group, led by Chandir Gidwani and Jaspal Bindra is an integrated domestic financial services conglomerate with over two decades of experience in the financial markets across various cycles.

Detailed explanation-3: -Centrum Capital Limited provides wealth management services. The Company offers institutional services including investment banking, Banking, an institutional broking desk catering to FIIs, pension mutual funds, domestic institutions, and HNIs with coverage on niche midcap companies.

Detailed explanation-4: -The bank is promoted by Centrum Financial Services Ltd and Resilient Innovations Pvt Ltd as a joint investor. The bank commenced its operation in November 2021.

There is 1 question to complete.