Standard Chartered Plc has appointed Zarin Daruwala as CEO of Standard Chartered Bank, India, following the appointment of Sunil Kaushal as Regional CEO for Africa and West Asia.
A qualified Chartered Accountant and Company Secretary, and one of the top rankers in both ICSI and ICAI courses, Zarin is currently President of the Wholesale Banking Group at ICICI Bank.
During her 25 years in the industry, Zarin has led teams in corporate banking, project finance, structured finance, financial institutions, government and public sector banking, as well as building out ICICI’s rural and agri-finance offering.
In a press release, Ajay Kanwal, Regional CEO, ASEAN & South Asia, said, “Zarin is perfectly placed to seize the huge opportunities we see in India. I’m confident Zarin will build on our more than 150 years of history and our leading position as India’s largest foreign bank.”
Zarin will be based in Mumbai and report to Kanwal. Anurag Adlakha will continue as acting CEO, India, alongside his existing responsibilities as CFO, India, until Zarin takes up her appointment (subject to regulatory approval), the statement said.