In New York, the Standard Chartered Foundation has appointed Nalini Tarakeshwar as the Global Head of the Foundation and Corporate Philanthropy. This decision comes as the Foundation expands its efforts to improve access to quality employment and opportunities for young individuals in light of the widening youth employability gap, which surged to 12.4% in 2025, particularly affecting disadvantaged youths. Tarakeshwar will oversee Standard Chartered's corporate initiatives in addressing this issue.