India approves Pranav Chawda as CEO of JPMorgan’s banking unit

India's central bank has approved Pranav Chawda as the CEO of JPMorgan Chase's local banking unit for three years. Chawda, currently head of commercial banking, will also oversee corporate banking. His experience is expected to drive the corporate banking business in India. Chawda joined JPMorgan in 2019 after working at DBS Bank.