BofA India Gets New Captain: RBI Greenlights Vikram Sahu as CEO!

Leadership Transition

Vikram Sahu's RBI nod finalizes his March internal promotion to helm BofA India's operations. With 25+ years across India, Hong Kong, US, and Europe, the St. Stephen's alumnus steps up from global equity research head, focusing on governance, client ties, and Responsible Growth strategy.​

Strategic Continuity

Kaku Nakhate transitions to Chair, India, deepening key client relationships via BofA Securities. Sahu retains APAC Executive Committee seat and India CLT chairmanship, driving strategic plans as BofA eyes India's booming markets post-Q4 2024 profit doubling to $6.7B.​

Key Highlights

Effective Role: CEO BANA India + Country Executive duties.​

Predecessor: Kaku Nakhate (15-year tenure) becomes Chair, India.​

Reporting Line: To Jin Su, Asia Pacific President.​

Background: Ex-global equity research head; Delhi/US educated.​

Focus Areas: Client growth, regulatory compliance, APAC synergy.​

Sources: Business Standard, Reuters, Moneycontrol, Economic Times​