Four senior staff at ABN Amro India have quit to join IndusInd Bank, a so-called new generation bank with connections to the prominent Hinduja brothers.

Anish Behl will head the strategy and wealth management division, Ramesh Ganesan has joined as head of transaction banking, Sanjeev Anand as head of small and medium enterprises, while Soumitra Sen will be the new head of branch distribution.

Romesh Sobti, IndusInd Bank's managing director and chief  executive officer, was earlier the country head of ABN Amro.
 
In November 2007, WealthBriefing reported that the Hinduja group was planning to enter the financial services sector in India, aiming to set up life insurance, non-life insurance and asset management companies.