Standard Chartered appoints new Head of Transaction Banking
Bank continues to step up focus in Qatar Wholesale Banking
06 February 2011, Doha -In line with its strategy to increase focus on the Bank's transactional banking business, Standard Chartered has announced the appointment of Salman Sharif as Head of Transaction Banking in Qatar.
Salman moved to Qatar in his new role from Karachi, Pakistan. His prime responsibility there was setting the strategic direction of Transaction Banking for Wholesale Bank business.
Salman has been with Standard Chartered Bank for over 8 years, principally with Wholesale Banking, with assignments in Karachi. His last assignment was Director and Head of Transaction Banking with Standard Chartered Bank Pakistan Limited. He has comprehensive experience in managing people, processes and profitability. He has overall banking experience of 13 years with various international banks besides Standard Chartered.
Salman commented, 'Transaction banking is a core revenue contributor for Standard Chartered's Wholesale Banking business and we expect to see strong growth in the business going forward. With our leading capabilities in offering a full suite of innovative working capital and cash management solutions, extensive network and deep local operating knowledge, This is a great opportunity for me to lead and be a part of the Transaction Banking team for Qatar.'
Commenting on the appointment, Kirit Chauhan, Head of Origination and Client Coverage, Qatar, said:
"Standard Chartered is committed to Qatar. We have been expanding our Wholesale Banking operations to meet the increasing needs of this market and this appointment is in line with our aspirations for the country."
"With a global coverage, thorough understanding of our markets and deep relationships with our clients, Standard Chartered is well positioned to achieve further growth in the region. We are delighted to have Salman on board and wish him the best of luck in his new responsibilities," Kirit added.
Standard Chartered is the oldest Bank in Qatar with a history of over 60 years of operations in the country which is one of the key markets in the region.
For further information please contact:
Haya Mashhood
Head, Corporate Affairs
Standard Chartered Bank
Qatar
Tel: +974 4248450
Fax: +974 4248111
Mobile: +974 5847178
Email: Haya.Mashhood@sc.com
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Standard Chartered PLC is a leading international bank, listed on the London and Hong Kong stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns around 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years.
With 1700 branches and outlets in more than 70 markets, Standard Chartered offers exciting and challenging international career opportunities for more than 75,000 staff. The bank is committed to building a sustainable business over the long term and aims for the highest standards of corporate governance, social responsibility, environmental protection and employee diversity. This heritage and these values are expressed in its brand promise, 'Here for good'.
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