The Reserve Bank of India has approved Pranav Chawda as the new Chief Executive Officer of JPMorgan Chase's banking unit in India.
Chawda, who has been with JPMorgan for over 14 years, previously served as the Chief Financial Officer for the Asia Pacific region. He is set to replace Rakesh Jha, who will now focus on his role as the Head of Corporate and Investment Bank for JPMorgan in India.