New Silk Route adds senior operating advisor

Campbell is former chairman J.P. Morgan Chase's card services unit, where he was most recently a senior advisor to the chairman and CEO. Prior to that, he served as chairman of Visa International. The industry veteran also led Citigroup's global consumer business and spent 28 years at Philip Morris, serving as CEO of the firm's US branch and president of Asia Pacific.

"We are fortunate to have someone of Bill's stature at NSR," said Parag Saxena, founder and CEO of New Silk Route, in a statement. "His experience leading global businesses, such as Citicorp's global retail franchise and Philip Morris' packaged goods business in Asia, will be helpful to NSR's portfolio companies."

Meanwhile, three people close to the development told The Economic Times that Gupta is expected to join New Silk Route in an investment and fundraising capacity.

In January last year, Gupta resigned from Carlyle to "pursue other interests" after five-and-a-half years with the private equity giant. Prior to that, he worked for DSP Merrill Lynch, where he was managing director and head of investment banking.

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