CEO – Designate, Standard Chartered Bank, India
Mrs. Zarin Daruwala is a rankholder Chartered Accountant and a Gold Medalist Company Secretary. She joined the ICICI Group in 1989 and has had varied experience of working in various departments such as resources, corporate planning, investment banking & credit. She has held leadership positions in various fields including corporate finance and agri-business.
Until recently, Zarin was the President at ICICI Bank responsible for managing the Wholesale Banking business of the Bank handling a portfolio of about Rs. 3 lakh crores across more than 5,000 wholesale clients. This portfolio contributed to more than 30% of ICICI Bank’s profit.
In addition to her responsibility as President, Zarin also served on the Board of Directors of key ICICI group companies, ICICI Lombard – General Insurance and ICICI Securities and JSW Steel.
Zarin has good relationships with top promoters & CEOs of all major companies in India as well as Chairpersons & MDs of large financial institutions and Banks. She also has extensive knowledge about various sectors of the Indian economy. Zarin also has good relationships with top bureaucrats in India.
She has been selected as the nineteenth most powerful woman in business by Fortune in 2015. She has also been selected as one of the top 30 most powerful women in Indian business by Business Today 4 times in the past 6 years. The Institute of Chartered Accountants of India has also conferred her with the CA Business Achiever award.
Zarin has now been appointed as the Chief Executive Officer, designate of Standard Chartered Bank, India.