Abrar Anwar new CEO of StanChart Bangladesh

The Standard Chartered on Saturday announced Abrar A. Anwar as the new Chief Executive Officer (CEO) for the Bangladesh office of the oldest and largest international bank in the country.
Jim McCabe, who has led the Standard Chartered franchise in Bangladesh for the last five years, will now take on the role of CEO in Sri Lanka, according to a statement of the bank.
Abrar, currently Head of Corporate & Institutional Clients, joined Standard Chartered Bank in January 2011. His leadership has delivered impressive revenue growth, diversifying the business beyond traditional banking into sophisticated financial solutions to meet the more complex needs of corporates in Bangladesh today.
Abrar has more than 23 years of experience in international banking in Bangladesh, India and the UK.  His achievements include setting up of the first "Syndication & Structured Finance" business in Bangladesh (for the then ANZ Grindlays Bank), along with successful closure of milestone transactions in the energy & power, infrastructure, telecom, aviation, domestic and export-oriented industries.
Announcing the appointment, Mr. Sunil Kaushal, Regional CEO, India & South Asia, said: "I am delighted that Abrar will lead our business in Bangladesh, a unique and fast growing franchise for Standard Chartered, the largest international bank in the country.  Abrar is a hugely talented member of our team and he has already made a major contribution to our success, under Jim McCabe's leadership.  His deep knowledge of Bangladesh, a key growth market for us globally, and our customers and clients will take this exciting business to new heights."
Upon his appointment as Bangladesh CEO, Mr. Abrar said: "We have great ambitions for our business here and I am excited about the opportunities to serve our customers, clients, staff and the community.  We have long been proud of the major social contribution we make in Bangladesh over the past 100 years - financing the businesses, small and large, which drive growth and job creation across the country and investing in our people and the communities in which we live and work."  
Abrar A. Anwar will continue to be based in Dhaka and has taken up his new appointment already effective from January 1.