Standard Chartered has announced the appointment of P.D. Singh as the new CEO for its India and South Asia operations. Singh, a seasoned banking veteran with a strong track record, will take over from Zarin Daruwala, who is set to retire in April 2025.
Singh, who previously held a senior leadership position at JPMorgan Chase India, brings a wealth of experience to the role. His appointment is subject to regulatory approval from the Reserve Bank of India.
Standard Chartered has a long-standing presence in India, with a network of over 100 branches across the country. The bank has been actively expanding its operations in the region and has played a significant role in supporting economic growth and development.
Singh’s appointment signals a new chapter for Standard Chartered in India and South Asia. As the new CEO, he will be responsible for driving the bank’s growth strategy, strengthening its customer relationships, and navigating the evolving regulatory landscape.