Ex-JPMorgan India chief Prabhdev Singh frontrunner for StanC India CEO: Sources – CNBC TV18
According to sources, the bank has submitted a list of three potential candidates for the CEO position to the Reserve Bank of India (RBI), in line with regulatory protocol.
Among the frontrunners is Prabhdev Singh, who retired as JPMorgan India’s CEO in June 2024 after a 15-year tenure. Singh brings extensive experience, having previously served with HSBC India for a decade and Global Trust Bank for four years.
Reports suggest the other candidates include Rahul Shukla from HDFC Bank and Venugopal Ranganathan, the current Chief Risk Officer at StanC India. However, CNBC-TV18 has not independently verified these names.
The final appointment is subject to RBI approval and is expected to be finalised well before Daruwala’s departure to ensure a seamless transition.
Daruwala’s leadership at Standard Chartered India has been marked by strategic growth and enhanced digital initiatives, leaving her successor with a robust foundation.
(Edited by : Sheersh Kapoor)
