Standard Chartered’s CEO for India and South Asia, Zarin Daruwala, will retire on April 1, 2025, the bank announced on October 9.
Zarin, who has over 35 years of experience in banking, joined Standard Chartered in 2016 as the CEO for India. Her leadership has significantly contributed to making India one of the Group’s largest markets, focusing on cross-border solutions in Corporate & Investment Banking (CIB) and wealth management in Wealth & Retail Banking (WRB), all while maintaining a strong risk and compliance culture, according to a statement from Standard Chartered.
I would like to thank Zarin for her significant contributions to growth in India and South Asia, both on the ground and within our global network,” said Sunil Kaushal, Co-Head of Corporate & Investment Banking and CEO for ASEAN and South Asia. Her commitment to effective execution and emphasis on technology investments have led to an impressive transformation for the business in India. We wish her the very best in her future pursuits.
“I am grateful to Standard Chartered for allowing me to lead a brand with a rich history in India and South Asia. If India is now among the top markets for Standard Chartered, it is due to the teamwork and support from my colleagues, for which I am truly thankful,” said Zarin Daruwala.
Standard Chartered announced that it will provide updates regarding Zarin Daruwala’s successor in due time.
Standard Chartered India operates a network of 100 branches in 43 cities. The bank’s main business segments include Corporate and Investment Banking as well as Wealth and Retail Banking. Standard Chartered PLC is publicly traded on the London and Hong Kong stock exchanges.
