Sanjay Rughani and the Test of a Leaner Standard Chartered Bank Standard Chartered Bank is in the middle of a deliberate transformation: shrinking its retail footprint, sharpening its corporate and investment banking focus, and repositioning itself for Uganda’s next investment cycle. At the centre of that shift is Sanjay Rughani, whose tenure will be defined less by strategy articulation than by execution. Backed by a powerful global parent yet operating in an increasingly competitive local market, Rughani must now prove that a leaner Standard Chartered can convert focus into sustainable profits, disciplined returns, and enduring relevance. With the exit from retail banking underway and performance already under pressure, 2026 will be a pivotal year in determining whether this recalibration delivers on its promise.