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Home Business Business News Standard Chartered Plc appoints new Regional Head

Standard Chartered Plc appoints new Regional Head

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Standard Chartered Plc has appointed Raheel Ahmed as Regional Head of Consumer Banking for the Middle East, Pakistan and Africa, according to the bank’s statement released on July 10.

Raheel is taking over from Vishu Ramachandran, who will become the Chief Operating Officer for Consumer Banking at the Bank. Raheel will report to Steve Bertamini, Group Executive Director and CEO, Consumer Banking and will be based in Dubai, the Bank’s regional headquarters.

 

Raheel has over 20 years of experience in Asia, Europe, the Middle East and Africa. He joined the bank in 2004 from Citi as Regional Head of Consumer Credit for Middle East and South Asia. He then moved with the bank to Pakistan to head Consumer Banking for Pakistan and Sri Lanka. Raheel took over as Regional Head of Consumer Banking Africa in January 2007. In 2009, he became the Global Head of Distribution for the bank where he was responsible for building and implementing the Distribution Channels strategy across Branches, Phone Banking, ATMs & online banking. He also led the development of Next Generation Banking capabilities for the Consumer Bank.

Standard Chartered reportedly has the largest distribution network among international banks in the UAE with 11 branches, four Electronic Banking units and more than 130 ATMs.

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