Standard Chartered has repositioned one of its top bankers to a new global head role.

Sanjeev Paul, who until recently was managing director and global head of structured trade finance at the bank, will now serve as global head of local corporates business in origination and client coverage group.

Paul will continue to be based in Singapore and will be tasked with managing clients and driving business in the local corporates segment.

He will report to Sean Wallace, group head of origination and client coverage and corporate finance.