Standard Chartered Pakistan Appoints Adil Salahuddin as New CEO

Standard Chartered Bank (Pakistan) Limited has appointed Adil Salahuddin as its incoming Chief Executive Officer (CEO) and Director, subject to regulatory approvals. He will succeed Rehan Shaikh, who will continue performing his duties until Salahuddin officially assumes office.

Standard Chartered Bank (Pakistan) Limited has announced the appointment of Adil Salahuddin as its incoming Chief Executive Officer (CEO) and Director, subject to the receipt of all necessary regulatory approvals and clearances.

According to Business Recorder and Dawn, the bank’s Board of Directors approved Salahuddin’s appointment to succeed Rehan Shaikh, who will continue serving as CEO until the leadership transition is formally completed.

“We hereby inform you that the Board of Directors of Standard Chartered Bank (Pakistan) Limited has approved the appointment of Adil Salahuddin as the incoming CEO and director of the bank in place of Rehan Shaikh,” the bank said in its notice.

The bank further clarified, “Shaikh will continue to perform his duties until the incoming chief executive assumes office,” ensuring continuity in the bank’s leadership during the transition period.

Salahuddin brings more than three decades of banking experience to the role and has spent the past 25 years with the Standard Chartered Group. During this period, he has held a range of senior leadership positions across corporate banking, transaction banking, client coverage, and strategic business development in multiple international markets.

“During this period, he has held various leadership roles across markets, coverage and transaction banking in different geographies,” the bank said in its filing.

While the majority of his career has been focused on Pakistan, Salahuddin has also worked in the United Arab Emirates and Saudi Arabia, giving him significant regional experience and a strong understanding of the Middle East and African markets. His international exposure and long association with the Standard Chartered Group are expected to support the bank’s continued focus on sustainable growth, client relationships, and operational excellence.

The bank also noted that “the appointment remains subject to the receipt of the necessary regulatory approvals and clearances,” meaning Salahuddin will officially assume the role only after the relevant regulatory process has been completed.

Standard Chartered Bank (Pakistan) Limited was incorporated in Pakistan on 19 July 2006 and commenced banking operations after receiving approval from the State Bank of Pakistan on 30 December 2006. The bank is a subsidiary of Standard Chartered PLC, headquartered in the United Kingdom, and provides a broad range of retail, corporate, institutional, and wealth management banking services across Pakistan.

The appointment marks an important leadership transition for one of Pakistan’s leading international banks, reflecting the institution’s continued emphasis on experienced leadership and long-term strategic growth while maintaining continuity through an orderly succession process.