Standard Chartered Bank appoints new global head of interest rate derivatives

Standard Chartered Bank has hired Nitin Gulabani as global head of interest rate derivatives for its wholesale banking business. Gulabani will be based in Singapore and report to Michael Bass, global head of rates and foreign exchange.

In his new role, Gulabani will be responsible for product development for interest rate derivatives at the bank, as well as sales across all client segments. Standard Chartered offers a range of interest rate derivatives products in the UK, Germany, France and emerging markets, including forward rate agreements, interest rate swaps, cross-currency swaps, vanilla options, exotics and hybrids.

Before joining Standard Chartered, Gulabani spent 11 years at Deutsche Bank. In his most recent role, he was based in Singapore, where he was global head of currencies and commodities for the Asia-Pacific region.