MUMBAI: Standard Chartered has announced the appointment of P.D. Singh as its chief executive officer (CEO) for India, effective 1 April 2025. Singh will succeed Zarin Daruwala, who is set to retire on 31 March 2025, after an illustrious tenure at the helm.

Bringing nearly 30 years of experience in banking and finance, Singh holds a double MBA alongside an engineering degree. His career spans leadership and coverage roles across top European and American banks, making him a formidable force in the industry.

Before joining Standard Chartered, Singh served as CEO of JP Morgan Chase Bank NA India. Prior to that, he spent a decade at HSBC, where he held multiple leadership roles in corporate and commercial banking.

With deep industry knowledge and a track record of steering financial institutions to success, Singh’s leadership is expected to drive innovation, strengthen client relationships, and accelerate Standard Chartered’s growth in India. His global exposure positions him well to navigate the evolving financial landscape while ensuring continuity and stability.

As Daruwala prepares to retire, Standard Chartered acknowledges her significant contributions to the bank’s success in India. Under her leadership, the bank witnessed remarkable expansion and innovation, solidifying its position in a competitive market.

Singh’s appointment signals a bold step towards the future, reinforcing Standard Chartered’s commitment to leadership in India’s dynamic banking sector.