13
December
2023
|
14:48
Europe/London

City of London Freedom honours for leading Indian bankers

The City of London Corporation has today [13 December] honoured eight senior figures from Indian banks based in the City.

As part of celebrations marking 75 years of India’s independence, the award recognises the significant trade relationship between the UK and India’s financial services sectors.

The leaders receiving the Freedom of the City today are: Madhur Kumar, Bank of Baroda; Manish Gupta, Bank of India; Ashok Kumar Vartia, Export-Import Bank of India; Sharukh T Wadia, IndusInd Bank; Rakesh Kumar, India Infrastructure Finance Company; Loknath Mishra, ICICI Bank; Sudhir Kumar Sharma, State Bank of India; Arbind Kumar Choudhary, Union Bank of India.

Lord Mayor of the City of London, Michael Mainelli, said:

"I was honoured to nominate this cohort of Indian bankers in the City. British and Indian investments support over a million jobs in both India and the UK. The City of London is grateful for the invaluable contribution of Indian bankers to the Square Mile."

Policy Chairman of the City of London Corporation, Chris Hayward, said:

"I'm thrilled to see leading Indian bankers in the City honoured at Guildhall today with the Freedom of the City. India has long been a key market for the City Corporation and I'm looking forward to more exciting partnerships between our two nations."

Chair of the Freedom Applications Policy & Resources Sub-Committee, Rehana Ameer, said:

“I was delighted to nominate the Indian bankers for the prestigious Freedom of the City of London award for their outstanding leadership and contribution to the Financial Services industry both in the UK and India. This memorable occasion signals a shared commitment to unlocking new opportunities, fostering innovation and deepening ties between the City and India to embark on a journey of mutual prosperity and strengthened financial cooperation.”

ENDS

Notes to editors

The City of London Corporation is the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK. www.cityoflondon.gov.uk

From left to right the photo includes: Rehana Ameer, Ashok Kumar Vartia, Sudhir Kumar Sharma, Rakesh Kumar, Loknath Mishra, Sharukh T Wadia, Madhur Kumar, Arbind Kumar Choudhary, Manish Gupta and Munsur Ali