PL Capital has appointed seasoned banker Zarin Daruwala as its Group Chief Executive Officer, effective October 13, the company announced on Monday.
Daruwala brings with her over 35 years of experience in corporate and retail banking, governance, and strategic leadership. Before joining PL Capital, she served as the CEO for India and South Asia at Standard Chartered Bank, a position she held for nine years. Prior to that, she spent 26 years at ICICI Bank, where she held several key leadership roles.
During her tenure at Standard Chartered, Daruwala was credited with transforming the bank’s operations in the region, driving sustained growth and repositioning the Retail Banking division with a stronger focus on Wealth Management. She also helped reshape the Corporate Banking business to align with India’s evolving financial landscape and rising affluence.
In her new role, Daruwala will spearhead PL Capital’s expansion and transformation, overseeing a broad range of verticals including broking and distribution, institutional equities, investment banking, corporate advisory, private credit, wealth management, and asset management.
“The appointment signals a new chapter for PL Capital,” the company said, highlighting its focus on scaling operations, investing in technology, and strengthening talent across its business lines.
Expressing her enthusiasm, Zarin Daruwala said, “It is a privilege to join PL Capital at such an exciting inflection point. The Group has a strong foundation, deep market knowledge, and a client-first ethos. I am energised by the vision to build a future-ready financial services platform that delivers innovation, value, and impact. I look forward to working with Amisha and the leadership team to shape the next era of growth.”
Amisha Vora, Chairperson and Managing Director of PL Capital, added, “Zarin’s appointment is a defining moment for PL Capital. With her leadership, we are set to significantly scale our businesses and strengthen our institutional governance. Her deep expertise and vision will be instrumental in driving the Group to new heights.”
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Readers are advised to conduct their own research or consult a qualified financial advisor before making any investment decisions.
