Sunil Kaul

Sunil Kaul is a Managing Director and Financial Services sector lead for the Carlyle Group in Asia. He also leads the Southeast Asia region for Carlyle. He is based in Singapore.

Mr. Kaul has more than 30 years of experience across private equity, corporate and consumer banking. Since joining Carlyle in 2008, he has advised on investments across the region and led several notable transactions, including investments in India Infoline, PNB Housing Finance, SBI Card, SBI Life and Yes Bank in India, the KB Financial Group in Korea and Diamond Bank, one of Nigeria’s leading banks at the time. 

Mr. Kaul is a director on the boards of PNB Housing Finance Ltd and YES Bank Ltd. He has also served on the boards of several companies, including SBI Card and India Infoline in India, Ta Chong Bank in Taiwan and Diamond Bank in Nigeria.

Prior to joining Carlyle, Mr. Kaul served as President of Citibank Japan, covering the bank's corporate and retail banking operations. He concurrently served as Chairman of Citi's credit card and consumer finance companies in Japan. He was also a member of Citi's Global Management Committee and Global Consumer Planning Group.

Mr. Kaul has lived and worked in India, the United States, Japan, Netherlands and Singapore. In his earlier roles, Mr. Kaul served as Head of Retail Banking for Citi in Asia Pacific. He has also held senior positions in Business Development for Citi's Global Transaction Services based in New York, Transaction Services Head for Citi Japan based in Tokyo and Global Cash Business Management Head for ABN Amro, based in Holland.

Mr. Kaul earned his post-graduate degree in management from Indian Institute of Management in Bangalore and a bachelor’s degree in technology from Indian Institute of Technology in Bombay.