Mumbai, Maharashtra, India, October , 2025 – PL Capital (Prabhudas Lilladher Group), one of India’s most trusted financial services organizations, is proud to announce the appointment of Zarin Daruwala as Group Chief Executive Officer, effective October 13, 2025.
Zarin Daruwala, a stalwart in the banking and financial services industry, brings over 35 years of experience across corporate and retail banking, governance, and strategic leadership. Prior to joining PL Capital, she served as the CEO – India and South Asia at Standard Chartered Bank, where she successfully led the bank’s transformation and sustained growth across the region. Under her leadership, she repositioned the bank’s Retail Banking business to make it more Wealth Management focused and transformed its Corporate Banking space as a partner of innovation and growth, in line with India’s growing affluence.
Zarin will play a key role in driving PL Capital’s transformative journey aligned with its ambitious growth vision of expanding its reach, deepening capabilities, and scaling its Broking & Distribution, Institutional Equities, Investment Banking, Corporate Advisory Services, Private Credit, Wealth Management, and Asset Management Services.
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.”
Zarin’s appointment signals a new chapter for PL Capital as it accelerates its expansion across key verticals, invests in technology and talent, and continues to strengthen its position as a trusted partner to investors, entrepreneurs, institutions, and family offices across India and beyond.
About PL Capital (Prabhudas Lilladher Group)
PL Capital Group is one of India’s most trusted financial services providers. Powering financial growth for eight decades, it specialises in research-driven advisory in the Indian capital markets. Its business is spread across 200+ cities in India, catering to institutions, corporates, family offices, HNIs, and retail clients in India and globally. PL has a network of 900+ franchise partners, 1.6 lakh clients, 250+ corporate relationships, and an employee base of 500+. The Group offers a comprehensive range of financial products and services, such as Broking and Distribution, Institutional Equities, Wealth Management, Asset Management, Investment Banking and Securities Finance. PL was recognised as one of the Best Brands 2023 and 2025 by ET NOW and one of the Best BFSI Brands in India 2022 and 2024 by The Economic Times. PL also won the 36th Jamnalal Bajaj Fair Business Practices Award 2024.
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