Srinivasa Rao Karuturi
Hyderabad,TELANGANA
Summary
A seasoned professional with over 30 years of experience in Retail and SME Banking, specializing in managing branch banking operations, client service, and regulatory governance. Expertise in handling Retail Liabilities, Retail Assets, Gold Loans, Lockers, Clearing, Cash Management Services, and branch/ATM expansions. Proven track record in vendor management, regulatory compliance, and process improvement. Experienced in guiding and training teams, ensuring high standards of audit readiness and service delivery.
Overview
29
29
years of professional experience
1
1
Certification
Work History
Regional Operations Head – Andhra Pradesh & Telangana
DBS Bank India Ltd
01.2022 - 05.2024
- Oversee operations of 91 branches across Andhra Pradesh & Telangana, ensuring compliance with bank policies and regulatory standards
- Foster strong branch governance across 4 clusters, driving controls and compliance
- Manage audits, including internal, concurrent, and RBI Incognito audits, ensuring NIL operational risks and regulatory breaches
- Lead the establishment and closure of branches, complaint management, and BCM implementation across the region
Vice President & Branch Head
DBS Bank
01.2019 - 01.2021
- Spearheaded the launch of DBS Bank's first branch in Andhra Pradesh & Telangana, managing a team of 40 across various verticals
- Achieved profitability in the first year and grew the SME asset book to ₹200 crore in two years, ranking among the top in South India
- Responsible for revenue generation, operational management, and maintaining high-quality client relationships through KYC documentation and periodic renewals
Vice President & Principal Officer, Head Sales & Governance
DBS Bank
01.2017 - 01.2018
- Managed IRDAI regulatory reporting for insurance sales, ensuring staff compliance with IRDAI & AMFI certifications
- Conducted sales health checks and anomaly reporting, ensuring corrective actions were taken
- Handled periodic reviews of sales performance, staff certifications, and the renewal of the bank's IRDAI license
Vice President & Branch Head, Hyderabad
The Royal Bank of Scotland
01.2013 - 01.2016
- Led branch P&L management, product delivery, and regulatory compliance, ensuring customer satisfaction
- Oversaw risk profiling and KYC processes, adhering to RBI guidelines for client documentation and transaction monitoring
Cluster Head Operations – Tamil Nadu & Andhra Pradesh
The Royal Bank of Scotland
01.2010 - 01.2013
- Managed operations across 4 branches with a team of 40, delivering consumer operations aligned with business performance goals
Various Roles
ABN AMRO Bank & Bank of America
01.1995 - 01.2010
- Held positions such as Head of Branch Operations, Head of Cash & Remittances, and Branch Operation Specialist, focusing on retail banking operations, cash management, and remittances
Education
Master of Commerce (M.Com) -
Osmania University
Skills
- Retail Branch Banking Operations
- Liabilities & Assets Management
- Team Leadership & Coaching
- Stakeholder Management (Internal/External)
- Regulatory Compliance & Audit Readiness
- Process Implementation & Vendor Management
- Risk Management & Client Relations
- Staff Training & Performance Management
Certification
IT & Cyber Security for Senior Management, IDRBT
Accomplishments
- Successfully implemented CTS clearing across South & East India, meeting RBI deadlines.
- Played a key role in Finacle 10 Core Banking System implementation, training branch staff on system upgrades.
- Gained significant experience in setting up and closing branches, managing branch expansions, and ensuring regulatory compliance.
Preferredname
Srini Rao
Timeline
Regional Operations Head – Andhra Pradesh & Telangana
DBS Bank India Ltd
01.2022 - 05.2024
Vice President & Branch Head
DBS Bank
01.2019 - 01.2021
Vice President & Principal Officer, Head Sales & Governance
DBS Bank
01.2017 - 01.2018
Vice President & Branch Head, Hyderabad
The Royal Bank of Scotland
01.2013 - 01.2016
Cluster Head Operations – Tamil Nadu & Andhra Pradesh
The Royal Bank of Scotland
01.2010 - 01.2013
Various Roles
ABN AMRO Bank & Bank of America
01.1995 - 01.2010
Master of Commerce (M.Com) -
Osmania University
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