Standard Chartered Bank has new CEO for Vietnam, Cambodia and Laos

Nirukt succeeds Louis Taylor who has taken up a new role with the Bank in London after three year assignment in Vietnam.

The new CEO has over 25 years of investment and commercial banking experience in both Europe and Asia. Prior to this assignment Nirukt had regional responsibility for Client Coverage, Wholesale Banking in Australia, The Philippines, Vietnam, Cambodia, Laos, Myanmar, Mauritius, Brunei, Sri Lanka, Afghanistan, Nepal & Bangladesh.

“I am looking forward to working closely with our various stakeholders to further build our franchise in Vietnam, Cambodia and Laos”, said Nirukt Sapru.

“My priority will be continuing to support our clients and customers, our regulators, our employees and the communities we serve. I hope to reinforce our brand promise of being Here for People, Here for Progress, Here for the long run and being Here for Good. We are committed to putting that at the heart of all what we do”.

“There are some interesting opportunities for Standard Chartered Bank in Vietnam and more generally in the Mekong region, both in consumer banking and wholesale banking. The Vietnamese economy continues to be one of the fastest growing in Asia. Like every economy globally, it has its own challenges but the longer term prospects remain very positive,” he shared.

Standard Chartered is a leading international banking group. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its profits in Asia, Africa and the Middle East.

In Vietnam, Standard Chartered’s history can be traced back to 1904 when the bank opened its first branch in Saigon (now Ho Chi Minh City). 

The bank, now encompassing three branches employing nearly 700 staff, provides a full suite of Wholesale Banking products and services to corporate and financial institutions. It also has Consumer Banking to serve individuals and small and medium enterprises.

The bank also plays an active role in the Vietnamese community and has demonstrated this through many social and charitable activities.