Jio Financial Plans To Tap StanChart Executive As Unit CEO

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Jio Financial Plans To Tap StanChart Executive As Unit CEO

(Bloomberg) -- Billionaire Mukesh Ambani’s new financial services firm plans to tap Standard Chartered Plc’s India country manager as its chief executive officer of one of its units, according to people familiar with the matter, as it seeks to entrench itself in a nation where demand for credit is growing rapidly.Kusal Roy will join Jio Finance Ltd., the non-banking finance arm of Jio Financial Services Ltd., in the coming weeks, the people said…