Mumbai: Standard Chartered has announced that Zarin Daruwala, CEO of Standard Chartered, India & South Asia, will retire effective April 1, 2025.
With over 35 years in the banking industry, Zarin joined Standard Chartered in 2016 as CEO for India. Under her leadership, India has become one of the group’s largest markets, focusing on cross-border solutions within Corporate & Investment Banking (CIB) and enhancing Wealth & Retail Banking (WRB) services. She has also been instrumental in fostering a strong culture of risk management and compliance.
Zarin’s contributions have positioned Standard Chartered as a key player in the region, further strengthening its strategic initiatives. The bank will announce a successor in due course as it prepares for this transition.
Sunil Kaushal, Co-Head of Corporate & Investment Banking and CEO, ASEAN and South Asia said, “I would like to thank Zarin for her contribution to India and South Asia’s growth, on the ground and as part of our cross-border network. With her focus on execution and investments in technology, Zarin has overseen a remarkable turnaround of the India business. We wish her the very best in her future endeavours.”
“I would like to thank Standard Chartered for giving me the opportunity to lead a brand that has a rich legacy and association with India and South Asia. If India today is amongst the top markets for Standard Chartered, the credit goes to the team and colleagues, and I am thankful for their unstinting support and collaboration,” said Zarin.
The Group will update on Zarin’s successor in due course.
