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Synopsis In the UK, the jurisdiction of the bank’s parent organisation, more than 75% of shareholders have to vote in favour of the CEO compensation, Daruwalla said, addressing the virtual panel hosted by the Confederation of Indian Industry. Agencies Standard Chartered had adopted a fair pay charter to ensure that employees receive compensation that supports a certain standard of living, across all markets that it operates in, the CEO added. Pay and bonuses of senior management has become a ticklish issue for corporates across countries and a source of heightened shareholder activity, said Zarin Daruwalla, chief executive officer at Standard Chartered Bank, India, during a discussion on corporate governance on Wednesday.

Business newsBreaking news eventsLatest news updatesEconomic timesEconomic times news appDaily market updatesLive businessZarin daruwallaChief executive officerStandard chartered bankHeightened shareholder activityConfederation of indian industryவணிக செய்திஉடைத்தல் செய்தி நிகழ்வுகள்சமீபத்தியது செய்தி புதுப்பிப்புகள்பொருளாதார முறை