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Directorate Change

13th Jan 2005 09:02

Standard Chartered PLC13 January 2005 TO CITY EDITORS 13 January 2005 FOR IMMEDIATE RELEASE Standard Chartered PLC - Directorate Accountabilities Further to Standard Chartered PLC's announcement on 20 December 2004 thatChristopher Keljik has decided to retire from the Board with effect from thenext Annual General Meeting on 5 May 2005, Standard Chartered PLC announces thatthe portfolio of governance responsibilities held by Mr Keljik will be assignedto two existing Directors, Richard Meddings and Kai Nargolwala, in addition totheir current responsibilities, with effect from 1 March 2005. Richard Meddings, Group Executive Director Risk & Control, will assumegovernance accountability for Africa, the Middle East, Pakistan, UK/Europe andthe Americas, while Kai Nargolwala, Group Executive Director Governance Asia andChairman Wholesale Banking, will add accountability for Afghanistan, Bangladeshand Sri Lanka to his existing portfolio of governance responsibilities. For further information please contact: Tracy Clarke, Group Head Corporate Affairs +44 207 280 7708 Paul Marriage, Head of Corporate Communications +44 207 280 7163 Note to Editors: Standard Chartered - leading the way in Asia, Africa and the Middle East Standard Chartered employs 30,000 people in over 500 locations in more than 50countries in the Asia Pacific Region, South Asia, the Middle East, Africa, theUnited Kingdom and the Americas. It is one of the world's most internationalbanks, with a management team comprising 70 nationalities. Standard Chartered PLC is listed on both the London Stock Exchange and the StockExchange of Hong Kong and is in the top 25 FTSE-100 companies, by marketcapitalisation. It serves both Consumer and Wholesale Banking customers. Consumer Bankingprovides credit cards, personal loans, mortgages, deposit taking and wealthmanagement services to individuals and small to medium sized enterprises.Wholesale Banking provides corporate and institutional clients with services intrade finance, cash management, lending, security services, foreign exchange,debt capital markets and corporate finance. Standard Chartered is well-established in growth markets and aims to be theright partner for its customers. The Bank combines deep local knowledge withglobal capability. The Bank is trusted across its network for its standard of governance and itscommitment to making a difference in the communities in which it operates. This information is provided by RNS The company news service from the London Stock Exchange

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