Standard Chartered Pakistan Appoints New Incoming CEO

Standard Chartered Bank (Pakistan) Limited has approved the appointment of Adil Salahuddin as its incoming Chief Executive Officer (CEO) and director, succeeding Rehan Shaikh, subject to the receipt of all required regulatory approvals and clearances.

In a notice submitted to the Pakistan Stock Exchange (PSX) on July 13, 2026, the bank confirmed that the appointment will become effective upon completion of the applicable regulatory process.

Until Adil Salahuddin formally assumes office, Rehan Shaikh will continue to serve as the bank’s Chief Executive Officer and perform his existing responsibilities.

Adil Salahuddin brings more than 30 years of experience in the banking industry and has been associated with the Standard Chartered Group for approximately 25 years.

Throughout his career, he has held a range of senior leadership positions across the bank’s Markets, Coverage, and Transaction Banking divisions in multiple jurisdictions. While much of his professional experience has been centred on Pakistan, he has also served in the United Arab Emirates (UAE) and Saudi Arabia, gaining extensive exposure to banking operations across the Middle East and Africa.