Standard Chartered Foundation has appointed Nalini Tarakeshwar as Global Head of Standard Chartered Foundation operations. This has strengthened its leadership in social impact initiatives. It has also demonstrated the bank’s commitment to sustainable development. In addition, the Standard Chartered Foundation is focused on driving inclusive growth and community programs. Nalini Tarakeshwar has been appointed as the Global Head of Standard Chartered operations. As a result, the foundation is focused on creating social value.
Tanuj Kapilashrami, Chief Strategy and Talent Officer, Standard Chartered and Trustee, Standard Chartered Foundation, said: “Today’s world has the largest generation of young people in history, making them a critical driver of future growth and stability. Yet globally, one in five young people is not in employment, education, or training. Corporate philanthropy has a critical role to play in addressing this challenge, and through the Foundation, we’ve to date enabled over 100,000 jobs, impacting over 700,000 lives. As we scale and leverage our role as a global ‘super-connector’ to deliver transformational outcomes across our markets, Nalini’s experience will be a catalyst for further impact.”
Leadership Appointment to Accelerate Social Impact
In addition, Nalini Tarakeshwar has vast experience in corporate social responsibility. She has run several programs on economic inclusion. Thus, her appointment is a move to support the evolving global strategy. Moreover, Standard Chartered is still investing in impactful partnerships within communities. The Standard Chartered Foundation is a key driver of such programs in different parts of the world. Thus, the organization is strengthening its footprint in underserved communities.
Commenting on her appointment, Nalini Tarakeshwar said: “Standard Chartered is a powerful global bank and purpose-led brand. The Standard Chartered Foundation has already had a significant impact, enabling jobs for underserved young people, especially young women. We now have an opportunity to build on this success to achieve impact at scale, working with our networks across the business and others who are committed to this goal. I’m proud to join the Foundation at this unique juncture to unlock opportunities that will help young people shape their own futures and generate an outsized impact on communities and markets globally.”
The bank also aligns its social programs with its ESG goals. It specifically targets the improvement of livelihoods through educational programs. Therefore, the foundation is key to the purpose-driven approach. In conclusion, this appointment is a reflection of Standard Chartered’s commitment to socially responsible banking. It highlights the significance of leadership in effecting social change.
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News Source: Businesswire.com
