Standard Chartered India reshuffles wealth leadership amid affluent and SME pivot

Standard Chartered India is replacing wealth head Saurabh Jain with Amit Mamgain as it refocuses from mass-market retail banking toward affluent, wealth and SME customers. Jain will join Bandhan AMC as chief business officer on August 3.

— Filed Tue, 28 Jul, 2026, 19:24 IST · Source Business Standard · Companies · Updated

Standard Chartered India is losing senior wealth and affluent-banking executives as it shifts from mass-market retail banking toward wealth and SME clients. Amit Mamgain will replace departing wealth head Saurabh Jain, while Bandhan AMC hires Jain as chief business officer.