A native of Calicut, India, Arjun Mathrani was one of a cadre of foreign-born bankers groomed for leadership at what was historically the most international of US financial institutions: Chase Manhattan Bank. But now Mathrani has become one of the last of such senior executives to leave at a time when the bank seems less internationally focussed.
This month Mathrani joined ING Group in the newly-created position of chief executive officer of ING Barings, its banking unit.
In 28 years at Chase, his jobs ranged from Latin American credit officer to treasurer and chief financial officer. After its merger with Chemical Bank, he became senior managing director...