Standard Chartered Bank India has named Gaurav Maheshwari as its new Chief Financial Officer (CFO). The appointment is effective from 22 June 2020 onwards. Gaurav will be taking the charge from Subhradeep Mohanty who was has been recently promoted as the CFO for the Africa & Middle East (AME) region.
As the CFO of the Bank, Gaurav will be reporting to Jean Fernandes, Regional CFO, ASEAN and South Asia and Zarin Daruwala, India CEO.
Commenting on his appointment, Zarin Daruwala, CEO, India, Standard Chartered said, “The India franchise has scripted an inspiring performance over the last few years and we are looking forward to Gaurav playing a vital role in continuing with this momentum. We would also like to thank Subhradeep Mohanty for his contribution in driving the country’s strategic transformation and performance, as a part of the India Management Team. Under his stewardship, the CFO function was characterized by clarity, innovative ideas, and strategic thinking."
Gaurav, a Chartered Accountant, comes with more than two decades of experience in the financial and corporate arena. This appointment would be his second inning at Standard Chartered Bank. He had joined the bank as a Manager in 2001, rising to the post of the Financial Controller in 2018. From September 2018 to June 2020, he was Head of Finance at Altico Capital India limited.
Gaurav’s appointment comes almost a month after the bank roped in ex-Tata capital CEO Kusal Roy as its new Head of Retail Banking effective 05 May 2020.