Jonathan Paul has taken the decision to pursue other interests, according to a spokesman for the bank.
He will depart on September 30 with a period of gardening leave to start on October 1. His last day will be at the end of April 2017.
Chris Allington, the bank’s global head of foreign exchange, and Neh Thaker, its global co-head of foreign exchange, rates and credit, have taken over as interim co-heads of global markets.
Paul joined Standard Chartered in April 2015. At the time of his appointment, the bank noted his 25 years’ of experience gained with Deutsche Bank, Goldman Sachs and Salomon Brothers across London, New York, Singapore and Hong Kong.
He was the founder of Ardmore Park Capital in 2008 and ran the hedge fund business as CEO and chief risk officer.
Paul’s appointment in April 2015 coincided with the departure of Viswanathan Shankar, who led the bank’s business in Europe, the Middle East, Africa and the Americas.