Rabo India Finance Limited announces the appointment of Mr. Surojit Shome as Managing Director & Chief Executive Officer
Effective today, Surojit Shome joins Rabo India Finance Limited, the wholly owned Indian subsidiary of Rabobank International, as Managing Director & Chief Executive Officer.
-- Effective today, Surojit Shome joins Rabo India Finance Limited, the wholly owned Indian subsidiary of Rabobank International, as Managing Director & Chief Executive Officer.
A seasoned banker, Surojit comes with over two decades of experience in Banking encompassing Corporate Banking, Capital Markets and Investment Banking. Surojit has worked with Citibank, Lehman Brothers and Nomura prior to joining Rabo India.
In his 19 year stint with Citigroup, he held various business management, origination and risk management roles with assignments in India and overseas. Before he moved to Lehman Brothers, in late 2006, he was Managing Director and Head of Corporate Banking for the Indian sub-continent, overseeing corporate and financial institution coverage teams for India, Sri Lanka, Bangladesh and Nepal.
In his role as Managing Director & Head of the Investment Banking Division at Lehman Brothers in India, he was responsible for building the investment banking platform for Lehman Brothers with capabilities across capital markets, M&A advisory and private equity origination. Post the acquisition of Lehman Brothers’ Asian & European businesses by Nomura Holdings in October 2008, he spent the last few months helping in the integration of the legacy Lehman Brothers’ Investment Banking business into the existing Nomura India businesses.
Surojit will report to Rob van Zadelhoff, Head of Asia for Rabobank International. “I am very pleased to have Surojit join our team in India. I am confident that he will be successful in building and growing Rabobank’s business in India given his leadership and management skills,” said Rob van Zadelhoff.
Notes to Editor
About Rabo India Finance and Rabobank
Established in 1998, Rabo India Finance Limited (RIF) is a 100% subsidiary of Rabobank International. Through a wide spectrum of fund and fee based products and services, RIF offers sector specific knowledge-based customized solutions in the following core competencies: Food and Agribusiness, Renewable Energy and Carbon Credits, Corporate Finance, Private Equity, Capital Markets, Mergers & Acquisitions and Corporate Advisory, Trade and Commodity Finance and Micro Finance. RIF is backed by a local pool of intellectual and monetary resources as well as Rabobank’s global network. RIF is committed to partnering with clients in creating and providing innovative solutions to their business needs.
Rabobank Group is a full-range financial services provider founded on co-operative principles and awarded a Triple A credit rating from both Moody’s and Standard & Poor’s since 1981. Headquartered in Utrecht, The Netherlands, the Group employs more than 60,000 staff in 43 countries, servicing the needs of more than nine million clients worldwide. Rabobank Group’s operations include retail banking, wholesale banking, asset management, leasing and real estate. Food & Agribusiness is the international prime focus of the Rabobank Group.
Rabobank International (“Rabobank”) is the Group’s wholesale bank and international retail bank, providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness.
From our century-old roots as a finance cooperative founded in 1898 by Dutch farmers, Rabobank Group has grown today into the 26th largest bank worldwide in terms of total assets by The Banker Top 1000 World Banks 2008, with total assets of EURO 612 billion and a net profit of EURO 2.8 billion in 2008. In terms of Tier 1 capital (the core measure of a bank’s financial strength from a regulator’s point of view), Rabobank Group is among the world’s 20th largest financial institution by The Banker Top 1000 World Banks 2008. Furthermore, our solidity and stability are evidenced by
being ranked 5th in the World’s 50 Safest Banks 2009 list by Global Finance magazine, and the 147th largest corporation in the world as per the Fortune Global 500 ranking on global companies in 2008. We are also one of the 99 companies in the 2009 World’s Most Ethical Companies ranking by Ethisphere.
More information about the Rabobank Group and Rabo India Finance can be obtained from our websites: www.rabobank.com and www.rabobank.com/india respectively.