Somnath Datta
About Somnath Datta
Somnath Datta is a Regional Sales Manager for East Retail Forex at IndusInd Bank, specializing in Trade & Forex and Liability Business in Retail Banking. He has over a decade of experience in the banking sector, with a strong background in Treasury operations, Derivatives, and managing Insurance and Mutual Fund products.
Current Role at IndusInd Bank
Somnath Datta currently serves as the Regional Sales Manager for the East region in Retail Forex at IndusInd Bank. He has been in this position since 2018, focusing on driving and promoting Retail Forex business. His role involves managing a team of Sales Managers and utilizing various channels to enhance business performance in the retail forex sector.
Previous Experience in Banking
Somnath Datta has a diverse banking background with significant roles at various institutions. He worked at IndusInd Bank as AVP & RM-Head from 2008 to 2012 and later as Regional Head for West Bengal, Emerging Corporates from 2014 to 2018. His experience also includes positions at Citibank India as a CitiBusiness Counselor and HDFC Bank as an Assistant Branch Manager.
Educational Background
Somnath Datta has a strong educational foundation in business and technology. He earned a Master of Science in Information Technology from Sikkim Manipal University, studying from 2000 to 2003. He also completed a Post Graduate Diploma in Business Management (PGDBM) with a focus on Marketing and Finance at the Institute of Marketing and Management, New Delhi, from 2003 to 2005. Additionally, he holds an MBA in Marketing/Marketing Management from Preston University, USA.
Specializations and Expertise
Somnath Datta specializes in Trade & Forex and Liability Business (CASA) within Retail Banking. He possesses expertise in managing assets and lending products specifically for Small and Medium Enterprises (SMEs). His background includes strong knowledge in treasury operations and derivatives, which complements his banking experience.
Early Education
Somnath Datta completed his early education at St. James' School in Kolkata, where he studied Business and Commerce from 1981 to 1995. This foundational education contributed to his understanding of business principles and practices, which he later applied in his banking career.