Standard Chartered Said to Name Swaroop as SE Asia Head

Neeraj Swaroop, Standard Chartered Plc’s chief executive officer for South Asia, will become the U.K. bank’s head of South East Asia later this year, said two people with direct knowledge of the matter.

Swaroop, 52, takes over from Ray Ferguson and will be based in Singapore, said the people, who declined to be identified because the appointment hasn’t been announced publicly. Swaroop has been in his current role since 2007.