SCB — Standard Chartered India sees senior executive exodus in wealth, private banking units

Standard Chartered's Indian operations have experienced a string of senior departures as the bank reorganizes its business. Saurabh Jain, head of wealth management, is leaving to join Bandhan AMC, while Nitin Chengappa, head of affluent distribution, left in April. Pankaj Walia, who led the private banking unit, departed late last year, with replacements for Chengappa and Walia yet to be named.