Standard Chartered India CEO Zarin Daruwala to retire on April 1, ; Bank yet to announce successor
Standard Chartered on Wednesday announced that its India and South Asia CEO Zarin Daruwala will retire on April 1, , after serving more than eight years in the company. She had joined Standard Chartered in as Chief Executive Officer, India.
“Her leadership of the franchise has helped make India one of the largest markets for the Group, with a strategic emphasis on cross-border solutions in Corporate and Investment Banking (CIB) and wealth and affluent in Wealth and Retail Banking (WRB), with a strong risk and compliance culture,” the Bank said in a statement. Zarin Daruwala has had a banking career spanning more than 35 years.
The Group is yet to announce Zarin’s successor and has said that the announcement will be made in due course.
Sunil Kaushal, Co-Head of Corporate and 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
Zarin Daruwala, India and South Asia CEO at Standard Chartered, announces retirement
Standard Chartered today announced that Zarin Daruwala, CEO, Standard Chartered, India & South Asia, has decided to retire from 1 April
Zarin, who has had a banking career spanning more than 35 years, joined the Bank in as CEO of Standard Chartered, India. Her leadership of the franchise has helped make India one of the largest markets for the Group, with a strategic emphasis on cross-border solutions in Corporate & Investment Banking (CIB) and wealth and affluent in Wealth & Retail Banking (WRB), with a strong risk and compliance culture.
“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,” said Sunil Kaushal, Co-Head of Corporate & Investment Banking and CEO, ASEAN and South Asia. “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
Zarin Daruwala is the CEO of Standard Chartered India & South Asia who is set to retire next years. She has over three decades of banking experience.
Zarin Daruwala Age
As of , she is 59 years old.
Zarin Daruwala Biography
| Full Name | Zarin Daruwala |
| Date of Birth | |
| Birth Place | Mumbai |
| Height | Not Known |
| Weight | Not Known |
| Education | Company Secretary |
| Profession | CEO of Standard Chartered Bank for India and South Asia |
| Marital Status | Married |
| Social Media |
Zarin Daruwala Family
Zarin is married to Bomi Daruwala, a lawyer, since the s. The couple have 2 children: Diana and Cyrus Daruwala
Zarin Daruwala Early Life & Career
Daruwala began her professional journey over three decades ago with the ICICI Group, where she held various positions across departments such as human resources, corporate planning, credit, and investment banking. This diverse experience set a strong foundation for her future leadership roles in banking.
Zarin Daruwala Standard Chartered
In , Daruwala took on the role of CEO of Standard Chartered India & South Asia. When Daruwala took over, she inherited a struggling branch network with high non-perform
Zarin Daruwala to retire from Standard Chartered India
"I have been in discussions with the bank for the last two months and have decided to retire as I turn 60 in February. My RBI approved term ends in March. The search for my successor has already started," she said on phone.
Daruwala has had a banking career spanning more than 35 years, joined Standard Chartered as CEO in after a 26 year stint at ICICI Bankwhere she ultimately took over as the bank’s wholesale banking vertical.
"Her leadership of the franchise has helped make India one of the largest markets for the group, with a strategic emphasis on cross-border solutions in Corporate & Investment Banking (CIB) and wealth and affluent in Wealth & Retail Banking (WRB), with a strong risk and compliance culture," the bank said in a statement.
In an internal email to co
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