Bank of America India Gets New CEO, RBI Approves Vikram Sahu for 3 Years

The Reserve Bank of India has officially approved the appointment of Vikram Sahu as the new CEO of Bank of America India for a three-year tenure, marking a major leadership transition for the global banking giant’s India operations. Sahu takes over from Kaku Nakhate, who led the bank for 15 years and now moves into a strategic advisory role as “Chair, India.”

Who Is Vikram Sahu?

Vikram Sahu has over two decades of international banking experience across India, the US, Europe, Hong Kong, and Singapore. Before being elevated to CEO, he served as Global Head of Equity Research at Bank of America and was already functioning as the India Country Executive since early 2025. His blend of global exposure and market expertise positions him strongly to drive the bank’s India strategy forward.

Why This Appointment Matters

With the RBI’s approval, Bank of America aims to enhance governance, regulatory alignment, and business operations in India. Sahu will head the Local Management Team (LMT), guide the India Country Leadership Team, and contribute to the bank’s broader Asia-Pacific strategy. His leadership is expected to bring sharper focus on institutional banking, capital markets, and strengthening client partnerships.

Smooth Transition of Kaku Nakhate

Kaku Nakhate, one of the most respected leaders in India’s banking sector, now transitions to a new role as “Chair, India,” where she will continue to support strategic relationships and client engagement. This ensures continuity while opening a new phase of growth under Sahu’s leadership. With this approval, Bank of America aims to strengthen its India footprint under a leader who brings rich global experience and a strong understanding of financial markets.

What It Means for Bank of America’s India Growth

With Sahu’s global background and Nakhate’s advisory presence, Bank of America is gearing up for a strengthened and future-driven India roadmap. The leadership shift signals a renewed push towards:

• Stronger client engagement
• Enhanced regulatory governance
• Expansion of capital-markets and institutional banking services
• Greater alignment with global business strategies