SBICAP Securities Name Deepak Kumar Lalla As Its CEO, Replaces Yadav

Wednesday August 24, 2022.

Topics

sbi

Reuters | Bengaluru

Last Updated at August 24, 2022 13:08 IST

Indian financial services firm SBICAP Securities, a unit of SBI Capital Markets and part of the government-owned State Bank Group, on Wednesday named Deepak Kumar Lalla as its managing director and chief executive, replacing Naresh Yadav.

Lalla, who has worked at the country's top lender State Bank of India for over 37 years, was previously heading the bank's wealth management business, SBICAP said in a statement.

It was not immediately clear what Yadav's next role would be.

SBICAP Securities offers financial and advisory services to investors.

(Reporting by Nishit Navin in Bengaluru; Editing by Dhanya Ann Thoppil)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, August 24 2022. 13:08 IST

';$('#story-newsss .item a').each(function(i){var atext=$(this).text();var aurl=$(this).attr('href');gethtml+='';});gethtml+='

';$("#story-news").html(gethtml);setTimeout(function(){$(".story-slider").slick({dots:false,infinite:true,prevArrow:".slick-prev",nextArrow:".slick-next",arrows:true,slidesToShow:2,slidesToScroll:2,})},500);}}});$.ajax({url:'/request-handler/get-latest-articles/catId/101/cache-control/1800',async:true,success:function(data){$("#next-prev").html(data);var owl=$("#next-prev");if(data!=''){var checkIdExists=$(".more-stories-pagination.disNone div").hasClass("latestArticleId-122082400455");if(checkIdExists){$(".latestArticleId-122082400455").remove();}else{$(".latestArticleLastId").remove();}$(".more-stories-pagination.disNone").show();}if(owl.owlCarousel){owl.owlCarousel({items:2,itemsDesktop:[980,2],itemsDesktopSmall:[900,2],itemsTablet:[360,2],itemsMobile:false});}$(".next").click(function(){owl.trigger('owl.next');});$(".prev").click(function(){owl.trigger('owl.prev');});$(".play").click(function(){owl.trigger('owl.play',1000);});$(".stop").click(function(){owl.trigger('owl.stop');});}});function unFollowColumnist(){var author_id='0';var userInfo=decodeURIComponent(getCookie('_userLoggedIn'));var isPaidUser="N";if(userInfo!=null&&userInfo!='undefined'){var userType=JSON.parse(userInfo);if(userType!=null&&userType!='undefined'&&userType.s!='undefined'&&userType.s=='t'){isPaidUser="Y";}else{isPaidUser="N";}}if(author_id!=''){if(confirm("Are you sure to unfollow this columnist!")==true){$.ajax({url:'/request-handler/article/unmap-user-columnist',type:'post',data:{'authorId':author_id,'isPaidUser':isPaidUser},success:function(msg){if(msg=='success'){location.reload();return false();}else{message='Please try again';alert(message);return false();}}});}}else{alert("Invalid columnist request!");return false();}}function followColumnist(){var author_id='0';var userInfo=decodeURIComponent(getCookie('_userLoggedIn'));var isPaidUser="N";var isLoggedIn="N";if(userInfo!=null&&userInfo!='undefined'){var userType=JSON.parse(userInfo);if(userType!=null&&userType!='undefined'&&userType.s!='undefined'&&userType.s=='t'){isPaidUser="Y";isLoggedIn="Y";}else if(userType!=null&&userType!='undefined'){isPaidUser="N";isLoggedIn="Y";}}if(isLoggedIn=="Y"){if(author_id!=''){$.ajax({url:'/request-handler/article/map-user-columnist',type:'post',data:{'authorId':author_id,'isPaidUser':isPaidUser},success:function(msg){if(msg=='success'){location.reload();return false();}else{customLogin();}}});}else{alert("Invalid columnist request!");return false();}}else if(isLoggedIn=="N"){customLogin();}}function unLockArticle(){var article_id='122082400455';var userInfo=decodeURIComponent(getCookie('_userLoggedIn'));var isPaidUser="N";if(userInfo!=null&&userInfo!='undefined'){var userType=JSON.parse(userInfo);if(userType!=null&&userType!='undefined'&&userType.s!='undefined'&&userType.s=='t'){isPaidUser="Y";}else{isPaidUser="N";}}if(article_id!=''){$.ajax({url:'/request-handler/article/unlock-article',type:'post',data:{'article_id':article_id,'isPaidUser':isPaidUser},success:function(msg){console.log(msg);if(msg=='success'){location.reload();return false();}else{$(".iframe").trigger('click');}}});}else{alert("Invalid columnist request!");return false();}}function customLogin(){var author_id='0';var articleId='122082400455';var parentUrl=window.location.href;if(parentUrl.indexOf("?")>-1){parentUrl=parentUrl.substr(0,parentUrl.indexOf("?"));}$("#sign_in").fancybox({maxWidth:600,maxHeight:580,fitToView:false,autoSize:false,closeClick:false,href:'/core/request-handler/sign-in-content?ref='+parentUrl+'&fc='+author_id+'&articleId='+articleId,openEffect:'none',closeEffect:'none'});$('.fancybox').fancybox();$("#sign_in").trigger('click');}function showhide(){var div=document.getElementById("follow");if(div.style.display!=="block"){div.style.display="block";}else{div.style.display="none";}}$(document).ready(function(){$('.articleCompanyStockInfo').hide();$('.bsNewArticleCompanyStockInfo').show();var userInfo=decodeURIComponent(getCookie('_userLoggedIn'));if(userInfo!=null&&userInfo!='undefined'){var userType=JSON.parse(userInfo);if(userType!=null&&userType!='undefined'&&userType.s!='undefined'&&userType.s=='t'){$(".article-middle-banner").css("display","none");}else{$(".article-middle-banner").css("display","block");}}else{$(".article-middle-banner").css("display","block");}});

SBICAP Securities Name Deepak Kumar Lalla As Its CEO, Replaces Yadav

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

Private Equity And Banks: The Complex Web Of Leverage

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

Big Banks Vs. Regional Banks: The Battle For Market Share

The Evolution Of Philanthropic Advisory Services In Private Banks

navigation

media coverage

follow us