Zarin Daruwala has been appointed Group Chief Executive Officer of PL Capital (a part of the Prabhudas Lilladher Group), effective October 13, 2025.
In her new role, Daruwala will lead PL Capital’s strategic growth across Broking & Distribution, Institutional Equities, Investment Banking, Corporate Advisory, Private Credit, Wealth Management, and Asset Management.
Bringing more than 35 years of industry experience, Daruwala joins from Standard Chartered Bank, where she served as CEO – India & South Asia, spearheading transformation in banking, wealth, and corporate segments.
Her appointment comes as PL Capital aims to scale operations, deepen capabilities, and further institutionalize its heritage brand. “It is a privilege to join PL Capital at such an exciting inflection point,” Daruwala said.
Amisha Vora, Chairperson & Managing Director of Prabhudas Lilladher, described the move as “a defining moment for PL Capital,” underscoring the firm’s ambition to combine its legacy with future-ready capabilities.