business

StanChart appoints Abrar as CEO effective Nov 1

NST Business

KUALA LUMPUR: Standard Chartered Bank Malaysia Bhd has appointed Abrar A. Anwar as its managing director and chief executive officer (CEO), effective November 1.

Abrar will succeed current CEO Mahendra Gursahani, who will be leaving the bank to take on another opportunity, the bank said in a statement.

Abrar joined the bank in Bangladesh in January 2011 and led the corporate client coverage businesses until 2014, almost doubling the franchise’s income during that period. Later, he was appointed CEO of Standard Chartered Bangladesh in January 2015.

Abrar has 26 years of experience in Corporate and Investment banking across Bangladesh, India and the United Kingdom.

He set up the first Syndication and Structured Finance business in Bangladesh for ANZ Grindlays Bank, along with landing successful milestone transactions in the Energy and Power, Infrastructure, Telecom, Aviation, Domestic and Export-oriented industries.

Asean and South Asia regional CEO Anna Marrs said: “Abrar’s leadership skills, deep industry knowledge, and great rapport with clients will help to drive our business strategy and performance in Malaysia.”

Most Popular
Related Article
Says Stories