Adil Salahuddin to assume Standard Chartered Pakistan CEO charge after SBP clearance

Standard Chartered Bank (Pakistan) Limited, listed as SCBPL, has told the exchange that Adil Salahuddin will take over as chief executive and director effective 13 August 2026, a Thursday. According to Business Recorder, the move came after the State Bank of Pakistan completed its fit and proper test review. The announcement was made through a notice lodged with the PSX on Wednesday.

The bank's filing cited the regulator's clearance, which confirms that a candidate meets the requirements for senior executive roles at a bank or financial institution. Salahuddin was named as the incoming chief executive last month. The bank described him as a banker with over three decades in the field, including 25 years with the wider Standard Chartered Group.

His career spans roles in markets, client coverage and transaction banking across several regions. Although Pakistan has been his main focus, he has also worked in the UAE and Saudi Arabia. The bank was incorporated on 19 July 2006 and began banking operations on 30 December 2006 after approval from the SBP. Its ultimate parent is Standard Chartered Plc, incorporated in England.