Dwaipayan Sadhu has been appointed Standard Chartered's Singapore head of retail banking. The existing head will move on to a new role.
In his new role, he will be responsible for executing the strategy and building the business in the country, with a focus on driving digital, growing the proposition for affluent clients and the wealth management business among other things, StanChart said in a media statement.
Sadhu will report to Patrick Lee, chief executive of the bank in the city-state; and Sebastian Arcuri, regional head of retail banking for Asean and South Asia. Based in Singapore, Sadhu will also join the bank's Singapore country management team.
Headed Digital Banking and Other Divisions
Having joined the bank in Singapore since 2005, Sadhu worked across various functions in both country and global roles, StanChart said. He has headed digital banking, as well as the bank's credit cards, deposits and mortgage businesses.
In his latest role as regional head of products and segments for Singapore, Asean and South Asia, he oversaw the credit cards, deposits, payments, secured loans, and emerging affluent and affluent segment propositions for nine countries in the region.
New CEO For Stanchart Indonesia
Andrew Chia, who is currently head of retail banking in Singapore, has been appointed CEO of the bank in Indonesia, subject to regulatory approval, the lender said. In his new role, Chia will be responsible for developing and executing the strategy for the Indonesian franchise, local clients and businesses, as well as its bottom line and profitability.
«Developing talent with global expertise and perspective is a big priority for the bank, and we believe in proactively grooming, developing and nurturing our people to fill senior management roles across our international network,» said Lee.
