American Express appoints Manoj Adlakha as CEO, India Business

In this role, Adlakha will be responsible for running American Express’ proprietary Consumer Card and Prepaid businesses in India. He has been with the organisation for 20 years across key roles

e4m by exchange4media Staff
Updated: Sep 2, 2014 8:03 AM
American Express appoints Manoj Adlakha as CEO, India Business

American Express has appointed Manoj Adlakha as Chief Executive Officer, American Express Banking Corp (AEBC), India. In this role, Adlakha will be responsible for running American Express’ proprietary Consumer Card and Prepaid businesses in India, as well as for providing leadership to the AEBC Country Executive Team. He will continue to report to Sanjay Rishi, President, American Express South Asia. Prior to this, he had led the American Express Corporate Business.

Speaking about the appointment, Sanjay Rishi said, “Manoj is an apt choice for this role given his diverse experience in the financial services space combined with knowledge of market dynamics. As CEO for the India business, he will be responsible for driving the growth, transformation, and profitability in this market. For American Express, India is a strategic growth market and we are confident of further buoyant growth under Manoj’s able leadership.”

Adlakha has over 24 years of experience, of which 20 years have been with American Express across key roles, including CFO; Officiating Country Manager; Consumer Card Head; and Vice President - Retail Financial Services and Consumer Cards. After a brief stint outside the organisation as entrepreneur and in the financial sector, he returned to American Express India in 2009 as Vice President of the Global Corporate Payments business. Over the last five years at the helm of the Corporate Business, Adlakha drove record growth for the corporate cards business in India.

Commenting on his new role, Adlakha said, “American Express is a company that has revolutionised the payments space globally and I am honoured to have been chosen for this role. We have many opportunities ahead of us, and we endeavour to seize them by moving faster as we continue to transform. As part of my new role, I will focus on accelerating our ability to bring innovative products and services to our customers and make their experience even better.”

Adlakha has in the past also worked with other players in the financial services industry, including Visa International Singapore and YES Bank.

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