Jaspal Bindra to head Stanchart's new South-asia Region

Mumbai: Standard Chartered today announced the formation of a new South-asia region, which comprise India, Nepal, Sri Lanka, Bangladesh and Afghanistan, effective 1 March 2005. Jaspal Bindra, currently global head, client relationships in wholesale banking, will head the expanded South Asia Region, reporting to Kai Nargolwala.

According to Kai Nargolwala, group executive director, "Jaspal's strategic leadership has been instrumental in growing many businesses across Standard Chartered in several countries including India, in the past and more recently the Wholesale Bank global client franchise."

Prior to moving to Singapore, Jaspal Bindra was the CEO, India Region for Standard Chartered and responsible for the successful integration of the Grindlays business in India and Nepal.