HONG KONG, Nov 2 (Reuters) - Private equity firm Carlyle
Group said on Monday it has appointed Aditya Puri, former
chief executive officer of India's largest private sector bank,
HDFC Bank, as senior adviser.
Puri will advise Carlyle on investment opportunities and
portfolio management across Asia, the U.S.-based firm said.
Puri is joining Carlyle after 26 years at HDFC Bank where he
was appointed the first CEO when the bank was established in
He grew HDFC Bank into the largest private sector bank in
India with over $210 billion of assets as of end-September and
the most valuable bank in India with a market capitalisation of
over $90 billion.
Prior to HDFC Bank, Puri spent over 20 years at Citibank
overseeing parts of the bank's activities across India, Greece,
Saudi Arabia, Hong Kong, Korea, Taiwan and mainland China, with
his last role as CEO of Citibank's operations in Malaysia from
1992-1994, Carlyle said.
Carlyle has made investments of around $4.9 billion in
financial services by end of September across Asia, excluding
Japan, including SBI Card, SBI Life, HDFC Limited, PNB Housing
Finance, Repco Home Finance, Edelweiss and IIFL in India.
(Reporting by Kane Wu; Editing by Rashmi Aich)