Standard Chartered has unveiled an array of management changes in a business reshuffle, along with the departure of its CEO for Europe, Middle East, Africa and Americas Viswanathan Shankar.
Shankar, who served for 13 years at the bank, will step down at the end of April. Following the resignation, he will look at setting up a private equity firm.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Additionally, the bank has named Jonathan Paul as its new head of financial markets, and Sumit Dayal as head of corporate finance.
Paul has 25 years experience at financial firms including Deutsche Bank and Goldman Sachs, as well as founded hedge fund Ardmore Park Capital in 2008.
Dayal served at Standard Chartered for 11 years, which includes head of leveraged finance and equity capital markets.
Both Paul and Dayal will be based in Singapore in their new role.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataMark Dowie has been appointed vice-chairman of clients and products. He managed corporate finance since 2011 and served as head of financial markets for a year.
At the same time, Michael Gorriz has been appointed as chief information officer.
