Standard Chartered Said to Pick U.A.E. CEO, Islamic Head

Standard Chartered Plc has selected global head of audit Julian Wynter as its chief executive officer for the United Arab Emirates. Wynter’s appointment has yet to be announced officially. Wynter, based in London and previously CEO of the bank’s Malaysian business, will replace Mohsin Nathani, who resigned in April. The bank has also appointed Sohail Akbar as CEO of its Islamic banking unit, known as Saadiq. Akbar is currently based in Malaysia as group chief operating officer of consumer banking and group Islamic banking. Standard Chartered is experiencing a management exodus after Bill Winters took over as CEO from Peter Sands last month.