Standard Chartered, a global bank offering banking services to businesses and individuals in many countries, has named P D Singh the new CEO of India, effective April 1, 2025. P D Singh brings almost three decades of experience in banking and finance, spanning leadership and coverage roles across European and American banks.
At Standard Chartered, P D Singh will take over from Zarin Daruwala on March 31, 2025. Singh is currently the CEO of JP Morgan Chase Bank in India, one of the world’s largest banks in terms of market cap, which also included Indian Government bonds in their indexes. At JP Morgan Chase, Singh was pivotal in shaping the bank’s corporate banking franchise as a founding member. Before JP Morgan, he was at HSBC, where he spent decades covering corporate and commercial banking leadership roles.
“India is a key market within Standard Chartered, and we have ambitious plans as the country’s growth story continues to unfold,” said Sunil Kaushal, Co-Head, Corporate & Investment Banking and CEO, ASEAN and South Asia, Standard Chartered Bank.
The company is expecting significant growth with this appointment. Singh’s in-depth experience, understanding of the markets, and strong relationships will prove valuable to the bank.
On his appointment, Singh said I am looking forward to playing a role in reaffirming Standard Chartered’s commitment by further driving sustained growth and delivering value to stakeholders.”
P D Singh has a double MBA and an engineering degree.