Standard Chartered announced the appointment of Roberto Hoornweg as chief executive officer of Corporate & Investment Banking (CIB).

Roberto, previously co-Head of CIB alongside Sunil Kaushal, assumes the role following Sunil’s decision to retire on 31 March 2026.

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This leadership change marks a significant development in the bank’s executive team.

Roberto retains oversight of Standard Chartered’s markets in the Americas, Europe, Africa, and the Middle East.

The ASEAN and South Asia markets, previously under Sunil’s supervision, will transition to Judy Hsu.

Judy will manage these regions in addition to her role as CEO of Wealth and Retail Banking and her oversight of Greater China and North Asia Markets.

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Roberto brings over 30 years of experience in the banking industry.

 He joined Standard Chartered in 2017 as global head of Financial Markets.

In this role, he led teams providing risk management, transaction services, and financing across more than 50 markets.

His prior experience includes senior roles at Brevan Howard Asset Management, UBS Investment Bank, and Morgan Stanley.

Sunil Kaushal’s career with Standard Chartered spanned 27 years, during which he held global and regional leadership roles in retail and corporate banking.

As CEO of Africa & Middle East, Sunil led the region in corporate and investment banking. He is also stated to have pioneered digital transformation, launching digital banks in nine African markets.

Standard Chartered group chief executive Bill Winters said: “I would like to thank Sunil for his significant contribution to the Group over nearly three decades.

“I likewise wish to congratulate Roberto, who has played a significant part in CIB’s growth in recent years, on stepping into the CEO role as we continue to deliver our cross-border strategy.”

In June, Standard Chartered and ALTIOS, a global international growth advice service, formed a strategic relationship to assist small and medium-sized firms in establishing and expanding their presence in important Asian markets.