Standard Chartered Plc. has seen several senior executive departures from its Indian operations as the lender reorganizes its wealth business and shifts away from mass-market retail banking.
Saurabh Jain, the head of Standard Chartered India’s wealth management and affluent client segments, is leaving the bank by the end of this week and will join Bandhan AMC Ltd. as chief business officer on Aug. 3, according to people familiar with the matter.