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StanChart Malaysia appoints Abrar as CEO

October 11, 2017 12:00:00

Standard Chartered Bank Malaysia Bhd (StanChart Malaysia) has appointed Abrar A. Anwar as its managing director and chief executive officer, effective from November 1.

The bank said in a statement that the former Standard Chartered Bangladesh CEO had 26 years of experience in corporate and investment banking across Bangladesh, India and the UK.

He joined Standard Chartered in Bangladesh in January 2011 and led the corporate client coverage businesses until 2014, almost doubling the franchise's income during that period. He was made CEO of the bank in January 2015.

Abrar set up the first syndication and structured finance business in Bangladesh for ANZ Grindlays Bank, along with landing successful milestone transactions in the energy and power, infrastructure, telecom, aviation, domestic and export-oriented industries.

Standard Chartered regional CEO (Asean and South Asia) Anna Marrs said: "Abrar is an excellent candidate to helm the bank's business in Malaysia. His leadership skills, deep industry knowledge, and great rapport with clients will help to drive our business strategy and performance in Malaysia.

Prior to joining Standard Chartered Bangladesh he was the Managing Director & Head of Global Corporate & Commercial Banking, Citibank NA, Bangladesh and Head of Specialist Finance & Advisory Services, ANZ Grindlays Bank. Abrar holds a MBA degree from Bangladesh's premier business school, the Institute of Business Administration (IBA) of Dhaka University.

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