The Carlyle Group appointed Aditya Puri, former chief executive of HDFC Bank, as a senior advisor in Asia. Puri is said to advise the Carlyle team on investment opportunities across Asia. Also, Puri was the first CEO of HDFC Bank when it was established in 1994.

“Puri will provide guidance on the evolving market landscape and new investment opportunities, while also advising Carlyle’s investment professionals and portfolio management teams on building differentiated high quality businesses," the group said in a statement.

“Carlyle is known for its ability to transform businesses, working closely in partnership with management teams and other key stakeholders to drive sustainable long-term growth. I am very impressed with Carlyle’s track record in a number of key industry sectors, including its leadership position in financial services, not just in India but across Asia," Puri said in a statement.

Sunil Kaul, managing director and financial services sector lead for the Carlyle Asia advisory team said, “I have had the privilege of knowing and following Mr. Puri from his Citibank years. To have someone of his stature join Carlyle as a senior advisor will add significant value to our capabilities across the region, not only in financial services, but across sectors given."

In companies including SBI Card, SBI Life, HDFC Ltd, PNB Housing Finance, Repco Home Finance, Edelweiss, IIFL, to name a few, Carlyle has made investments of around $4.9 billion in financial services.