22nd Feb 2008 09:56
Standard Chartered PLC22 February 2008 Stock Exchange Announcement Standard Chartered PLC - Directorate Change 22 February 2008 Sir CK Chow The Board of Directors of Standard Chartered PLC announced today that Sir CKChow, 57, will retire from the Board with effect from the conclusion of the nextAnnual General Meeting on 7 May 2008. He has been a non-executive directorsince 1997. Mervyn Davies, Chairman of Standard Chartered PLC, said: "Sir CK has served formore than ten years on the Board of Standard Chartered PLC and I would like totake this opportunity to thank him for his valuable contribution to the Companyand wish him every success in the future. Sir CK will continue to benon-executive Chairman of Standard Chartered Bank (Hong Kong) Limited". Sir CK Chow has confirmed that there is nothing which needs to be brought to theattention of the holders of securities of Standard Chartered PLC in respect ofhis retirement. For further details please contact: Arijit De, Head of Media Relations Tel: +44 (0) 20 7280 7163 [email protected] Stephen Atkinson, Head of Investor Relations Tel: +44 (0) 20 7280 7245 [email protected] Note to Editors: Standard Chartered - leading the way in Asia, Africa and the Middle East Standard Chartered PLC, listed on both the London Stock Exchange and the HongKong Stock Exchange, ranks among the top 25 companies in the FTSE-100 by marketcapitalisation. The London-headquartered group has operated for over 150 yearsin some of the world's most dynamic markets, leading the way in Asia, Africa andthe Middle East. Its income and the number of employees have more than doubledover the last five years primarily as a result of organic growth andsupplemented by acquisitions. Standard Chartered aspires to be the best international bank in its markets bybeing the right partner for its stakeholders and leading by example. The groupnow employs over 60,000 people, representing some 100 nationalities, in morethan 1,400 branches located in over 50 countries. The bank generates more than90 per cent of its profits from Asia, Africa and the Middle East, with balancedincome derived from both Wholesale and Consumer Banking. The group is committed to building a sustainable business over the long term andis trusted worldwide for upholding high standards of corporate governance,social responsibility, environmental protection and employee diversity. For moreinformation, please visit: www.standardchartered.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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