KARACHI: Standard Chartered Bank (Pakistan) Limited has announced the appointment of Adil Salahuddin as its incoming Chief Executive Officer (CEO) and Director, subject to receiving the necessary regulatory approvals.
The appointment was approved by the bank’s Board of Directors and disclosed to the Pakistan Stock Exchange (PSX) through a material information notice dated July 13, 2026. Mr. Salahuddin will succeed Rehan Shaikh, who will continue serving as CEO until the new chief executive formally assumes office.
Adil Salahuddin brings more than 30 years of banking experience to the role, including 25 years with the Standard Chartered Group. Throughout his career, he has held senior leadership positions across the bank’s Markets, Coverage, and Transaction Banking businesses in multiple international markets.
While Pakistan has been his primary market, Salahuddin has also worked in the United Arab Emirates and Saudi Arabia, giving him extensive exposure to the Middle East and African banking landscape. His cross-border experience is expected to support Standard Chartered Pakistan’s strategic growth initiatives and strengthen its regional connectivity.
The announcement marks a significant leadership transition for Standard Chartered Bank Pakistan, with the outgoing CEO, Rehan Shaikh, remaining in charge until the regulatory approval process is completed and the new CEO officially takes over.
The bank informed the Pakistan Stock Exchange of the development in accordance with the PSX Rule Book’s requirements for the disclosure of material information.
