Standard Chartered Bank has appointed Ashish Mittal as global head of Commodities Sales. He will be replacing Sean Mulhearn who will be leaving the Bank to pursue personal interests. In his new role, Mr. Mittal will report directly to David Carr, global head of sales, Financial Markets and Vincent Van Pelt, global head of Commodities & Equities, Financial Markets.

 

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In addition to this responsibility, Mr. Mittal will continue to manage the South East Asia Sales portfolio until a suitable replacement is found. Hel was previously Standard Chartered’s regional head of South and South East Asia Sales for Financial Markets. Following his move, the portfolio will be separated regionally.

 

Richa Khanduri who was previously co-head of South Asia Sales for Financial Markets with Muthu Kumar, will now assume sole responsibility for sales in the region and report directly to Mr. Carr. As managing director, head of Sales, South Asia, she will be responsible for Financial Markets Sales in South Asia.

 

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Mr. Mittal said: The commodities business has developed into a core revenue stream at Standard Chartered and the market still holds great opportunities for growth. I hope to take the business to greater heights.

 

Mr. carr said: It is imperative that we have the right people in the right positions so that our sales team is well placed to give our clients the attention and expertise that they require. With these adjustments, I am confident that we will be able to continue providing the exceptional levels of service that our clients have come to expect from us.