BNP Paribas appointed a head for its Indian operations. Sanjay Singh has been promoted to the position by the firm. He is currently CEO of the French firm's Indian banking unit.

He is to take over from Aymar de Liedekerke Beaufort, who has been in the position since 2021. The promotion is subject to regulatory approvals, and Singh will be in charge of BNP's back-office operations and retail brokerage arm, Sharekhan. Singh, who joined BNP Paribas in 2013, has been the chief executive of the bank's securities arm and head of global markets.

Prior to joining the French bank, he was the director of Credit Suisse's prime services and CLSA's derivatives head. In his new role, Singh will be responsible for BNP's back-office operations and retail brokerage arm Sharekhan. BNP's banking arm in India has around 450 executives, while other businesses employ close to 14,500 people.

The promotion will be subject to regulatory approvals.