SCB appointment

Standard Chartered Bank (SCB) has appointed V. Shankar as CEO, Middle East, Africa, the Americas and Europe from May 1.

He will be based in Dubai and becomes the Bank's most senior executive located in the Middle East.

He will be responsible for shaping the bank's strategy across the region, reflecting the continuing growth opportunities for Standard Chartered across Africa, the Middle East, the Americas and Europe.

He will also be responsible for governance across these markets.

Shankar will also become a Director of Standard Chartered Bank from May 1, whilst continuing in his existing roles as Executive Chairman of Principal Finance and Co-Chairman of the Private Bank.