Standard Chartered has named Roberto Hoornweg as the new Chief Executive Officer of its Corporate & Investment Banking (CIB) division. The appointment follows the decision by Sunil Kaushal, current Co-Head of CIB, to retire after 27 years with the bank on March 31, 2026.
Hoornweg will continue to oversee Standard Chartered’s markets in the Americas, Europe, Africa, and the Middle East. Oversight of ASEAN and South Asia markets—previously managed by Kaushal—will move to Judy Hsu. Hsu is currently CEO of Wealth and Retail Banking and also oversees Greater China and North Asia Markets. Both Hoornweg and Hsu are members of the Group Management Team.
Roberto Hoornweg brings over three decades of experience in banking. He joined Standard Chartered in 2017 as Global Head of Financial Markets, where he led teams serving large corporate clients and financial institutions across more than 50 markets. Before joining Standard Chartered, he held senior positions at Brevan Howard Asset Management, UBS Investment Bank, and Morgan Stanley.
Sunil Kaushal’s career at Standard Chartered has included global and regional leadership roles in both retail and corporate banking. As CEO for Africa & Middle East, he led efforts that established the region as a leader in corporate and investment banking. He also drove digital transformation initiatives such as launching digital banks across nine African markets and played a key role in expanding operations into Saudi Arabia, Egypt, and Morocco.
Bill Winters, Group Chief Executive at Standard Chartered, stated: “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.”