Standard Chartered announced Abrar A. Anwar as the new Chief Executive Officer for Bangladesh, the oldest and largest international bank in the country. Jim McCabe, who has led the Standard Chartered franchise in Bangladesh for the last five years, will now take on the role of CEO in Sri Lanka.

Abrar, currently Head of Corporate & Institutional Clients, joined Standard Chartered Bank in January 2011. His leadership has delivered impressive revenue growth, diversifying the business beyond traditional banking into sophisticated financial solutions to meet the more complex needs of corporates in Bangladesh today. Abrar has more than 23 years’ experience in international banking in Bangladesh, India and the UK. His achievements include setting up of the first “Syndication & Structured Finance” business in Bangladesh (for the then ANZ Grindlays Bank), along with successful closure of milestone transactions in the Energy & Power, Infrastructure, Telecom, Aviation, Domestic and Export-oriented industries.