StanChart appoints new CEO

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| "I am delighted to welcome Neeraj to Standard Chartered," said Kai Nargolwala, group executive director. "He is well-known for his instrumental role in building one of the most admired businesses in Asia, and has a huge depth of expertise and experience in the financial services industry." |
| The appointment will enable Jaspal Bindra, regional general manager, South Asia, to concentrate on the growth and development of the bank's businesses in the other markets in the region. |
| Standard Chartered Bank also announced that Jaspal Bindra has been appointed to the group's management committee, becoming one of Standard Chartered's senior most leaders. |
| Since joining Standard Chartered in 1998, he has been central to the successful integration of the Grindlay's acquisition in 2000. |
First Published: Jun 27 2005 | 12:00 AM IST