MUMBAI, March 24 -- Wall Street bank JP Morgan has appointed Rahul Badhwar of HSBC as its senior country officer for India, according to an internal memo reviewed by Mint. The role had remained vacant since the departure of Kaustubh Kulkarni in September 2025.

"India is a critical market for our Asia Pacific franchise, and Rahul (Badhwar) will play a central role in driving and executing our growth strategy across the country," Sjoerd Leenart, chief executive, Asia Pacific, JP Morgan said in the internal note. "He will help ensure we bring the full firm to our clients and stakeholders, continue to strengthen governance and controls, and support our people and communities."

Leenart added that Badhwar will join JP Morgan in July, be based...