Zarin Daruwala appointed Group CEO of PL Capital - Prabhudas Lilladher

Prior to joining PL Capital, Zarin Daruwala served as the CEO – India and South Asia at Standard Chartered Bank

e4m by e4m Staff
Published: Oct 27, 2025 2:23 PM  | 2 min read
Zarin Daruwala appointed as Group CEO of PL Capital
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  • PL Capital has appointed Zarin Daruwala as Group Chief Executive Officer, effective October 13, 2025.
  • Prior to this role, Zarin served as CEO for India and South Asia at Standard Chartered Bank, where she led significant transformations in the Retail and Corporate Banking sectors.
  • With over 35 years of experience in banking and financial services, Zarin is expected to drive PL Capital's growth in areas such as Broking, Investment Banking, and Wealth Management.
  • Amisha Vora, Chairperson of PL Capital, expressed confidence in Zarin's leadership to enhance the firm's capabilities and scale operations.

PL Capital (Prabhudas Lilladher Group) has appointed Zarin Daruwala as Group Chief Executive Officer, effective October 13, 2025.

Before joining PL Capital, Zarin was the CEO for India and South Asia at Standard Chartered Bank, where she guided the bank through a major phase of transformation and steady growth in the region. During her tenure, she reshaped the Retail Banking business to focus more on Wealth Management and strengthened the Corporate Banking division, positioning it as a key partner for innovation and growth in India’s changing economic landscape.

Zarin Daruwala, a veteran in the banking and financial services sector, brings with her more than 35 years of expertise spanning corporate and retail banking, governance, and strategic leadership.

Zarin will be instrumental in driving PL Capital’s next phase of growth, in line with the firm’s ambitious vision to expand its presence, enhance its capabilities, and scale operations across key areas including Broking & Distribution, Institutional Equities, Investment Banking, Corporate Advisory, Private Credit, Wealth Management, and Asset Management.

Amisha Vora, Owner, Chairperson & Managing Director of PL Capital, said: “Zarin’s appointment comes as a defining moment for PL Capital. With a bold vision for growth and diversification, we are poised to significantly scale our businesses. Zarin’s arrival marks an important milestone in our mission to build an enduring, institutionally governed organisation — one that combines heritage and trust with capabilities and scale. We are confident she will lead the Group to greater heights.”

Zarin Daruwala, Group CEO of PL Capital, said: “It is a privilege to join PL Capital at such an exciting inflection point. The Group has a strong foundation, deep market knowledge, and a client-first ethos. I am energised by the vision to build a future-ready financial services platform that delivers innovation, value, and impact. I look forward to working with Amisha and the leadership team to shape the next era of growth.”

Published On: Oct 27, 2025 2:23 PM