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Viswanathan Shankar 'Shankar' (born 2 February 1958) is the Chief Executive of Europe, Middle East, Africa and Americas at Standard Chartered Bank, a position he has held since May 2010. He is also Group Executive Director, Chairman of Principal Finance and Private Banking, and a member of the Standard Chartered Board of Directors.

Early life and education

Shankar majored in Physics at the Loyola College in Madras, graduating with a Bachelor of Science in 1977. Two years later, he completed his Masters in Business Administration at the Indian Institute of Management in Bangalore, specialising in Finance and Marketing.

Professional career

Early career (1979 - 2001)

Shankar started his career with Standard Chartered Merchant Bank, India in 1979 and was responsible for the origination and execution of debt and equity capital raising transactions.

He joined Bank of America in 1982 and held a range of senior management positions including Head of Asia Banking Unit, Los Angeles, Managing Director of Asia Wholesale, Hong Kong and Head of Asia Investment Banking. In 1997, Shankar was appointed Chief Executive Officer of BA Asia Limited.

Standard Chartered Bank (2001 - present)

Following a 19-year tenure at Bank of America, Shankar rejoined Standard Chartered Bank in September 2001 as Group Head of Corporate Finance and as a member of the Wholesale Banking Management Group. In this role, Shankar led the Bank's M&A, Leveraged Finance, Principal Finance, Project & Export Finance and the Structured Finance businesses. He was appointed Group Head of Origination and Client Coverage in 2007, overseeing the Bank's relationships with corporate and institutional clients.

In May 2010, Shankar was appointed Chief Executive of Europe, Middle East, Africa and Americas. A position currently held, he provides governance and insight on the development and execution of business strategy in regions of responsibility.

Shankar joined the Board of Standard Chartered in January 2012 and is a Director of the Court.

Appointments and memberships

In addition to his responsibilities at Standard Chartered, Shankar is a Board member of the Inland Revenue Authority of Singapore (IRAS) and a Term Trustee of the Singapore Indian Development Association (SINDA). He is also a member of the Singapore Government’s National Integration Council, Community Integration Fund and Indian Heritage Centre.

Shankar was appointed by the Prime Minister of Singapore as part of a 25-member Economic Strategies Committee set up by the Singapore Government in May 2009 to recommend new strategies for the country’s economic development. (to include link to full report) He has also been on the Boards of the Asia Society's California Chapter (1994-96); the US-Korea Business Council (1993-2000) and the Hong Kong International School (1999-2001).

Personal life

Shankar and his wife, Sunita, have a son, Adi Shankar who is a film producer based in Hollywoood. A Singapore citizen, Shankar currently resides in Dubai and enjoys golf, cricket, tennis and modern art.

References

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