Zarin daruwala standard chartered email id

British multinational bank, Standard Chartered, announced on Wednesday, 9 October, that Zarin Daruwala, its Chief Executive Officer (CEO) for India and South Asia, will retire in April

According to the bank's release, Daruwala will officially retire on 1 April The lender will announce her successor in due course.

Sunil Kaushal, Co-Head of Corporate and Investment Banking and CEO of ASEAN and South Asia, expressed gratitude for Daruwala’s contributions to the bank’s regional growth, stating, “I would like to thank Zarin for her contribution to India and South Asia’s growth, on the ground and as part of our cross-border network.”

In her statement, Daruwala thanked her team and colleagues, attributing India’s success as one of Standard Chartered’s top markets to their dedication and support.

“I would like to thank Standard Chartered for giving me the opportunity to lead a brand that has a rich legacy and association with India and South Asia.

Zarin daruwalla biography for kids View Program. Daruwala began her professional journey over three decades ago with the ICICI Group, where she held various positions across departments such as human resources, corporate planning, credit, and investment banking. Vishakha Mulye Akhila Srinivasan

If India today is amongst the top markets for Standard Chartered, the credit goes to the team and colleagues, and I am thankful for their unstinting support and collaboration,” she said.

Daruwala joined Standard Chartered in as the India CEO. Under her leadership, India became one of the largest markets for the Group, focusing strategically on cross-border solutions in Corporate & Investment Banking (CIB) and wealth management in Retail Banking (WRB), while fostering a strong risk and compliance culture.

Zarin Daruwala’s Banking Journey:

A veteran with over 35 years of experience in the banking sector, Daruwala joined Standard Chartered India eight years ago, in Prior to that, she was President of the Wholesale Banking Group at ICICI Bank, where she led teams in corporate banking, project finance, structured finance, and financial institutions.

In an earlier interview with Fortune India, Daruwala recounted how, despite her corporate banking background, she played a pivotal role in establishing India’s first rural ATMs during her time at ICICI Bank.
"Although I was from corporate banking, I was given the role.

I travelled the length and breadth of the country, spent time understanding the rural landscape, and also set up the first rural ATM," she explained.

During her tenure at Standard Chartered India, Daruwala was instrumental in turning around the bank’s previously loss-making retail business, transforming it into a profitable venture.

"Turning around the loss-making franchise was a rewarding experience," she said in a Fortune India interview.