People Moves

Head Of India Private Banking Departs Standard Chartered

Tom Burroughes Group Editor July 6, 2016

Head Of India Private Banking Departs Standard Chartered

There has been another big move at the private banking arm of the UK-listed firm in Asia.

The head of India private banking at Standard Chartered, Sandeep Das, is leaving the UK-listed bank that earns the bulk of its revenues in regions such as Asia, this news service can confirm.

Das leaves the firm at the end of August. As part of the change, Aman Rajoria, who is executive director and market head, West, will take over in the interim, a spokesperson told this news service.

There have been a number of senior-level comings and goings at the bank in recent months. For example, last week Standard Chartered said Barclays manager Srinivas Siripurapu, had been named as regional head, private banking, ASEAN and South Asia, and as global head, non-resident Indian clients.

Siripurapu takes over the regional leadership for ASA from Peter Kok. Before Standard Chartered Kok was most recently the MD and regional market manager at UBS, where he led the wealth management business in Singapore and Malaysia, as well as the external asset management offering in Singapore and Hong Kong.

Asked about Kok's departure, a spokesperson told this publication: "Peter’s departure is the result of a decision to expand his role to double that as regional head of ASA and global head of NRI - which Srini will be taking on."

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