StanChart Names Investment Banking Chief
London-based Standard Chartered has appointed a sole CEO of investment banking following the retirement of a 27-year co-head.
Standard Chartered has appointed Roberto Hoornweg as chief executive officer, corporate & investment banking (CIB), according to a statement. He was previously CIB co-head alongside Sunil Kaushal who has decided to retire on 31 March 2026 after 27 years with the bank.
Hoornweg will retain oversight of the group’s markets in the Americas, Europe, Africa and the Middle East. Oversight of ASEAN and South Asia markets will transition from Kaushal to Judy Hsu, in addition to her existing responsibilities as wealth and retail banking CEO as well as oversight of the Greater China and North Asia markets. Hoornweg and Hsu are both members of the group management team.
Hoornweg has more than 30 years of banking experience, having first joined Standard Chartered in 2017 as global head of financial markets. Prior to that, he held senior roles at firms including Brevan Howard Asset Management, UBS Investment Bank and Morgan Stanley.
«I would like to thank Sunil for his significant contribution to the Group over nearly three decades. I likewise wish to congratulate Roberto, who has played a significant part in CIB’s growth in recent years, on stepping into the CEO role as we continue to deliver our cross-border strategy,» commented Standard Chartered group CEO Bill Winters.
