Atharv Deokule has recently joined Standard Chartered as a front office equity quant analyst within the Modelling and Analytics Group (MAG). In this new role, Deokule will be based in London and will report directly to Marten Agren, the global head of MAG. This move marks a significant career development for Deokule, who brings experience and expertise in quantitative analysis to his new position.
Prior to joining Standard Chartered, Deokule worked at HSBC, where he began his career in 2019 as a quant analyst on the equity research team. During his time at HSBC, Deokule gained valuable experience and skills in quantitative analysis, which will likely serve him well in his new role at Standard Chartered. In 2022, Deokule relocated from Bengaluru to the London office, demonstrating his ability to adapt to new environments and take on new challenges.
Standard Chartered’s decision to hire Deokule reflects the bank’s ongoing efforts to strengthen its modelling and analytics capabilities. The bank has reported strong financial performance in recent months, with profits of $1.6 billion in the first quarter of the year, representing a 14% increase year-on-year. Capital markets revenues were particularly strong, rising by 66% to $96 million. This growth suggests that Standard Chartered is well-positioned for continued success, and Deokule’s expertise will likely contribute to the bank’s ongoing efforts to drive growth and innovation.
As a front office equity quant analyst, Deokule will play a key role in supporting the bank’s capital markets activities, using his analytical skills to inform investment decisions and drive business growth. His experience working in a fast-paced equity research environment will serve him well in this new role, where he will be working closely with traders, sales teams, and other stakeholders to provide actionable insights and recommendations. Overall, Deokule’s appointment reflects Standard Chartered’s commitment to attracting and retaining top talent, and his expertise will likely make a significant contribution to the bank’s continued success.