News

RBI Approves Appointment of Prabdev Singh (P.D. Singh) as CEO of Standard Chartered India.

Appointment | Dated: 18 Feb 2025

On February 17, 2025, the Reserve Bank of India (RBI) approved the appointment of Prabdev Singh (P.D. Singh) as the Chief Executive Officer (CEO) of Standard Chartered India, headquartered in Mumbai, Maharashtra. Singh will assume office on April 1, 2025, succeeding Zarin Daruwala, who will retire on March 31, 2025, after a decade-long tenure.

🎯 Key Highlights:

- PD Singh will oversee operations in India and South Asia, with a tenure of 3 years.
- Standard Chartered has been operating in India for over 160 years, with 100 branches across 42 cities.

💡 Other Important Facts:

(i) P.D. Singh holds two Master’s in Business Administration (MBA) degrees and an engineering qualification. He is well-known for his contributions to the banking sector.
(ii) P.D. Singh has over ten years of experience at Hongkong and Shanghai Banking Corporation Limited (HSBC) based in London, United Kingdom (UK).
(iii) Before joining Standard Chartered, Singh was the CEO of JPMorgan Chase and Co in Bengaluru, Karnataka.

📚 Test Your Knowledge:

Who was recently approved by RBI as the CEO of Standard Chartered India?

Correct Answer: Prabdev Singh (P.D. Singh)

🚀 Quick Recap:

About Standard Chartered India

CEO : Zarin Daruwala (India) (Currently)
Headquarter : Mumbai