Standard Chartered Bank has appointed Hari Chaitanya as head of sales, Custody and Cash Management, for South East Asia.
In this role he will be responsible for all domestic and inbound sales for securities products and cash management for investment institutions.
Chaitanya joins Standard Chartered Bank from Deutsche Bank Asia Pacific, where he was heading Securities Operations for the Asia Pacific region as well as for the bank’s offshoring processing subsidiary, Deutsche Network Services.
Chaitanya has more than 15 years of experience in securities and financial services. He has been with Deutsche Bank for the last 12 years and was also previously chief operating officer for Deutsche Bank in Indonesia. In Deutsche Bank, Chaitanya also handled senior product management and operations roles in India and Indonesia.
“Over the last two years, Standard Chartered Bank has seen very strong growth in our Securities Services business. This has been in response to the stellar growth of the capital markets business and investment flows into Asia, Africa and the Middle East. As a response, we have put in place a strong senior leadership team. We also continue to build the capacity, functionality and scalability of our products and platforms,” says Neil Daswani, global head of securities services, Standard Chartered Bank.
“I am delighted to join Standard Chartered at this exciting time when the bank is transforming its securities services business globally to provide the full range of securities services products to different clients segments in the world’s fastest growing regions of Asia, Africa and the Middle East,” adds Chaitanya.