P.D.Singh takes charge as Standard Chartered CEO for India and South Asia

Standard Chartered has officially appointed P D Singh as India & South Asia's new Chief Executive Officer (CEO), effective 1 April 2025. Singh succeeds Zarin Daruwala, who retired on March 31, 2025, after a distinguished tenure.

P.D. Singh brings with him a wealth of experience from close to three decades in banking and finance, spanning leadership and coverage roles across European and American banks. 

Prior to Standard Chartered, P.D. Singh was the CEO of JP Morgan Chase Bank in India, where he played a pivotal role in shaping the bank’s corporate banking franchise as a founding member. 

Under his leadership, the bank won multiple industry awards and recognition for outstanding performance. Before JP Morgan, P.D. Singh was at HSBC, where he spent a decade covering leadership roles across corporate and commercial banking. A double MBA with an engineering degree, he has made an impactful contribution to the financial sector.

On his LinkedIn profile, he said, "As I take on the baton, I feel an immense sense of pride as I have the exciting opportunity to captain a storied brand with a rich association with India, spanning more than 165 years. It is a legacy built on a solid foundation comprising relationships and trust, and I am eagerly looking forward to working alongside my wonderful colleagues to further build on this heritage."

"I am taking on this role at a time when there are challenges and opportunities alike. Globally, there are economic headwinds that countries across the world are grappling with. Yet, within such challenges lie immense opportunities, which a Bank like Standard Chartered is well poised to tap. India is one such key market, where I believe, the Bank with its deep local market knowledge complemented by the global network, a compelling product suite and top-notch talent, backed by technology, has the wherewithal to keep delivering value to its clients. Indeed, our clients are at the heart of everything we do, and I remain committed to ensuring we keep raising the bar on providing value and an enhanced experience to them," he added.

He further thanked Zarin Daruwala for her impactful stint at Standard Chartered Bank.

Sunil Kaushal, Co-Head, Corporate & Investment Banking and CEO, ASEAN and South Asia, Standard Chartered Bank, said, “A very warm welcome to P.D. Singh. India is a key market within Standard Chartered, and we have ambitious plans as the country’s growth story continues to unfold. His in-depth experience and understanding of the markets, coupled with strong client and stakeholder relationships, will be a valuable addition to the Bank’s leadership team as we accelerate our cross-border and wealth strategy."