- Natixis Corporate & Investment Banking opens branch in GIFT City
- Move strengthens India footprint, accelerates regional diversification strategy
- Pranav Vyas to steer IFSC Banking Unit with focus on growth and client solutions
- New hub to bridge global investors with India’s fast-growing financial markets
NE BUSINESS BUREAU
GIFT CITY, GANDHINAGAR, APR 23
In a strategic expansion move, Natixis Corporate & Investment Banking (Natixis CIB) has announced the launch of its new branch in GIFT City, marking a key milestone in its long-term growth plans for India and the Asia Pacific region.
The new branch is expected to enhance Natixis CIB’s ability to serve clients across borders while driving international diversification and expanding its footprint in one of the world’s fastest-growing economies.
The GIFT City unit will be led by Pranav Vyas, Head of the IFSC Banking Unit, who brings over 23 years of banking experience, including his previous role at JPMorgan Chase’s GIFT City branch. He will report to Sanjeev Kumar, Senior Country Manager, Singapore, and Head of South East and South Asia at Natixis CIB, and will be responsible for steering strategy, operations, and growth in the region.
Bruno Le Saint, CEO, Asia Pacific, Natixis CIB, said:
“Establishing our new branch in GIFT City is an important step in delivering our Asia Pacific expansion strategy and deepening our regional presence. It reinforces our long-standing commitment to India’s financial sector, which is a strategic growth market for us, and strengthens our ability to better serve clients across the Asia Pacific region.”
Sanjeev Kumar added:
“We are proud to open our branch in GIFT City, further expanding our footprint in India, one of the fastest-growing economies in the world. The new branch, situated in India’s core financial hub, will enable us to better serve our onshore and offshore clients while contributing to India’s economic growth through our global network and product expertise. We are pleased to welcome Pranav Vyas as Head of IBU, GIFT City, who, as an experienced and strategic leader, will further strengthen the development of our branch.”
The GIFT City branch will focus on delivering high-value, niche financing solutions, enabling Indian corporates to expand globally while also connecting international investors with India’s dynamic financial ecosystem.
Aligned with regulatory frameworks, Natixis CIB plans to scale operations in line with business growth, supported by its regional infrastructure, including Natixis Global Services (India) Pvt Ltd, its established technology and operations hub.
