18th Apr 2016 08:13
LONDON (Alliance News) - Emerging markets bank Standard Chartered PLC is understood to have talked to former Bank of England deputy governor Paul Tucker about becoming its next chairman, The Times reported.
Standard Chartered has been search for a replacement for incumbent chairman John Peace for four months, after he pledged to stand down as part of a wider boardroom clear out demanded by investors, The Times said.
Tucker has been largely working outside the UK since leaving the bank in 2013 as a senior fellow at US university Harvard.
http://www.thetimes.co.uk/article/standard-chartered-lines-up-tucker-for-chairman-drzpsj289
Standard Chartered shares were down 2.1% at 510.10 pence Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Standard Chartered