A chartered accountant and company secretary, Daruwala was one of the top rankers in both ICSI and ICAI courses and won the President's gold medal for company secretary programme. She was named one of the top 25 powerful women in business by Fortune India.
Standard Chartered has divided its regional businesses under ASEAN & South Asia, including India; Africa & Middle East; Greater China & North Asia, and Europe & Americas. ASEAN and South Asia will be led by Ajay Kanwal, Africa & Middle East by Sunil Kaushal, and Ben Hung will head Greater China & North Asia region.
At ‘Mumbai Next‘ event which aims to transform MMR into a global financial, commercial and entertainment hub, CNBC-TV18's Shereen Bhan, who moderated an esteemed panel of guests, spoke to India‘s largest public sector bank SBI chief Arundhati Bhattacharya about what is holding back the country from becoming a global financial hub.
The bank said that its other impairment also saw an increase to USD 105 million on a reduced valuation or write-off in the principal finance portfolio and a charge on bond exposure.
The country's largest foreign lender Standard Chartered today appointed Sunil Kaushal as its chief executive for India and South Asia. Kaushal takes over from Neeraj Swaroop who will relocate to Singapore as chief executive for Southeast Asia