Equifax names Bhatia to lead Indian affiliate

AP News
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Posted: Nov 19, 2009 2:02 PM

Equifax Inc. said Thursday it named Samir Bhatia, a banking industry veteran in India, to lead an affiliate firm that the credit reporting agency is launching in India.

Bhatia will serve as managing director and CEO-designate of Equifax Credit Information Services Private Ltd.

In April, Atlanta-based Equifax received tentative approval from Indian authorities for a license to operate the company. Equifax said it is working with joint-venture partners on final applications for a permanent license.

Bhatia will join Equifax's operations in Mumbai and lead the company once it receives final clearances, Equifax said.

Bhatia has more than 24 years of experience in banking and financial services, and has worked with banks such as Citibank, HDFC Bank and Barclays Bank.