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Senior StanChart executive resigns to set up private equity firm

V Shankar will leave bank on April 30 after 13 years; he will serve out gardening leave till end of September

The decision to quit now is related to his current stage of life, and opportunities in the market, Mr Shankar says


ANOTHER of Standard Chartered's senior global executives is leaving the bank.

V Shankar, group executive director and chief executive officer of Europe, Middle East, Africa and Americas, has resigned to set up a private equity fund.

The India-born Singaporean will