Ashok Sarda
Noida
Summary
Dynamic banking professional with extensive experience at Citibank N.A., specializing in intermediary strategy and capital account transactions. Proven track record in business development and regulatory compliance, fostering strong client relationships and driving significant revenue growth. Adept at problem-solving and effective communication, ensuring seamless execution of complex financial transactions.
Overview
23
23
years of professional experience
Work History
AVP, Institutional Banking, Intermediary strategy business
DBS Bank India Limited
04.2024 - Current
- Managing intermediary strategy (Top tier law firms, Big 4, Advisory and India entry firms) business for North region.
- Building relationship and networking with law firms and intermediaries and supporting them on large market deals on M&A, MNC incorporations, capital account transactions and custody accounts (Demat’s, FPI & FVCI registrations, AIF’s).
- Supporting RM’s and Business development executives on capital account transactions.
AVP, Citibusiness Specialist
Citibank N.A
04.2021 - 03.2024
- Managing Commercial business for Haryana and Rajasthan HUB (Gurgaon, Faridabad and Jaipur) retail branches.
- Driving and assisting team of Relationship Managers to achieve branch target on Foreign exchange revenue, Trade revenue, Current account balances and activation of existing stock clients.
- Managing BIG capital account transactions, namely FDI, ODI, ECB.
- Working closely with Sales and Acquisition team for acquisition of tier 1 and tier 2 clients with at least 1 large deal per month along with onboarding of influencers.
- Working as a partner with regulatory teams to ensure NIL pendency’s on FEMA and Trade related reporting’s.
- Ensuring all prospected accounts are reviewed keeping in view our product, pricing and controls and appropriately approve accounts pre onboarding.
AVP, Transaction Banking Specialist, CBG
Axis Bank Limited
03.2022 - 04.2023
- Managing CBG clients (Across MEG, SEG and Seg(liabilities) for their commercial banking product requirements.
- Managing Entire Rajasthan and Uttar Pradesh region for CBG.
- Specialist in Fx and Trade products namely, Forwards, buyers credit, BG, LC, Capital account transactions.
Citi business Relationship Manager
Citibank N.A
01.2019 - 03.2021
- Managing Citigold Commercial and Retail clients (Around 300 households) for DLF Capitol point, New Delhi branch.
- Handling CASA book of 70 Crores for Retail Banking clients.
- Handling AUM (Asset Under Management) of 30 Crores for the clients.
- SOP included Fx revenue, Trade revenue, Investment revenue and Insurance revenue to be generated from existing and New to Bank clients.
- End to End handling of commercial and Trade transactions for all clients including regulatory reporting’s (FCGPR, FCTRS, ODI etc.).
FEMA & Trade Coordinator – Branch Banking
Citibank N.A
03.2015 - 12.2018
- Handling branches for North and upcountry region for their FEMA and Trade related queries.
- Dealing with regulatory bodies (RBI, Nodal offices, Ministries) to handle complex FEMA, Trade and other regulatory transactions for branch banking customers.
- Managing day to day complex FEMA and Trade transactions.
- Acting as bank and customer liaison to deal with regulatory bodies.
- Representing bank in various legal matters of branch in local courts.
Commercial and Retail Service Manager
Citibank N.A
04.2010 - 02.2015
- Expertise in handling over 400 Citigold and CPC clients for all their operations and service queries related to their savings, current, Demat, Trade, FEMA, Forex and Credit card accounts.
- Handling sensitive public and political figures account along with large corporate houses.
Team Leader – Citigold Phone Banking Division
Citibank N.A
04.2003 - 03.2010
- Leading a team of 20 phone banking agents handling banking queries of Citigold UHNI clients.
Education
Graduate -
Delhi University
Delhi01.2001
Schooling -
Maharaja Agrasen Model School
Delhi01.1998
Skills
- Intermediary strategy
- Capital account transactions
- Mergers and acquisitions
- Regulatory compliance
- Customer relationship management
- Business development
- Networking ability
- Effective communication
- Problem solving
- Partnership development
Personal Information
Status: A competent seasoned professional with overall experience of over 20 years in Commercial banking, Capital account transactions, MNC sub acquisition, FEMA, Trade and Customer service operations.
Timeline
AVP, Institutional Banking, Intermediary strategy business
DBS Bank India Limited
04.2024 - Current
AVP, Transaction Banking Specialist, CBG
Axis Bank Limited
03.2022 - 04.2023
AVP, Citibusiness Specialist
Citibank N.A
04.2021 - 03.2024
Citi business Relationship Manager
Citibank N.A
01.2019 - 03.2021
FEMA & Trade Coordinator – Branch Banking
Citibank N.A
03.2015 - 12.2018
Commercial and Retail Service Manager
Citibank N.A
04.2010 - 02.2015
Team Leader – Citigold Phone Banking Division
Citibank N.A
04.2003 - 03.2010
Graduate -
Delhi University
Schooling -
Maharaja Agrasen Model School