Published by Global Banking & Finance Review®
Posted on October 7, 2025
2 min readLast updated: January 21, 2026
Add as preferred source on GoogleStandard Chartered names Roberto Hoornweg as chief of corporate and investment banking, succeeding Sunil Kaushal, who retires in 2026.
(Reuters) -Standard Chartered said on Tuesday it appointed Roberto Hoornweg as chief executive of corporate and investment banking, elevating him from the co-head role he shared with Sunil Kaushal.
Kaushal will retire on March 31, 2026, after a 27-year career at the Asia-focused lender.
Hoornweg and Kaushal were named global co-heads of the unit in March 2024 as part of a wider management reshuffle.
Hoornweg, who joined Standard Chartered in 2017 as global head of financial markets, will continue to oversee the group's businesses in the Americas, Europe, Africa and the Middle East.
Judy Hsu will take responsibility for ASEAN and South Asia from Kaushal, alongside her role as CEO of wealth and retail banking and her oversight of Greater China and North Asia markets.
During his tenure as CEO for Africa and the Middle East, Kaushal launched digital banks across nine African markets, turned around the UAE retail franchise and advanced the digitisation of the bank's wealth management offering.
He also secured banking licences and built operations in Saudi Arabia and Egypt, and more recently in Morocco, the bank said.
(Reporting by Sherin Sunny in Bengaluru; Editing by Tasim Zahid)
Corporate banking refers to the suite of financial services provided to corporations, including loans, credit, treasury management, and investment services tailored to meet the needs of businesses.
Investment banking is a financial service that helps companies raise capital by underwriting and issuing securities, as well as providing advisory services for mergers and acquisitions.
A co-head in banking is a senior executive who shares leadership responsibilities with another individual, overseeing specific divisions or functions within the organization.
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