ING appoints Deepali Bhargava as new head of Research and chief economist for Asia Pacific

Asia Pacific, 4 December 2024 – ING today announced the appointment of Deepali Bhargava as the new head of research and chief economist for Asia Pacific.

Deepali brings over 20 years of experience as an economist, having held senior roles at Kohlberg Kravis Roberts & Co (KKR) and Credit Suisse. Most recently, she served as Director and Head of South Asia Macro, Global Macro, and Asset Allocation at KKR, where she led macroeconomic analysis for India, Southeast Asia, and Australia, with a primary focus on private markets. Her expertise includes identifying macroeconomic trends, forecasting economic and earnings cycles, and providing strategic insights into interest rates and currency movements to facilitate investment decisions across asset classes.

Deepali began her career at ING Vysya Bank in Mumbai, making her return to ING a homecoming. During her time in India, she was recognised as the top forecaster for USD/INR by Bloomberg for the period of June 2010 to December 2011.

Uday Sareen, chief executive and head of Wholesale Banking for ING in Asia Pacific, said: “We are delighted to welcome Deepali back to ING. Her extensive expertise and experience across both public and private markets make her well suited to lead our Research team in Asia Pacific. We are confident that under her leadership, we will continue to provide our clients with valuable insights in this dynamic region. Deepali succeeds Robert Carnell, who led ING’s Research team in Asia Pacific since 2017 before retiring after a distinguished career. Deepali holds a BA Honours and an MA in Economics from Delhi University.