6th Aug 2007 12:49
Standard Chartered PLC06 August 2007 Date: 6 August 2007 Standard Chartered PLC appoints Gareth Bullock as Group Executive Director of Standard Chartered PLC and Jaspal Bindra as Director of Standard Chartered Bank Gareth Richard Bullock has been appointed Group Executive Director of StandardChartered PLC. Jaspal Singh Bindra has been appointed Director of Standard Chartered Bank (anindirect wholly-owned subsidiary of Standard Chartered PLC, which wasincorporated in England with limited liability by Royal Charter in 1853). John Wilfred Peace, Non-Executive Director and Deputy Chairman of StandardChartered PLC will join the Audit and Risk Committee. All these appointments are effective from 6 August 2007. Mr Bullock, 53, is responsible for governance of Africa, Middle East, Europe andthe Americas and is already a Director of Standard Chartered Bank. He has had along and successful career in commercial and investment banking. Mr Bullockjoined Standard Chartered Bank in 1996 as CEO, UK/Europe Region. He has subsequently held a range of senior positions including Head of Corporateand Institutional Banking, Hong Kong, China and NE Asia, Group Head Technologyand Operations and Director of Strategy. Mr Bindra, 46, is Regional CEO for South East and South Asia with governanceresponsibility for the region. He has a broad international banking background.He joined Standard Chartered Bank in 1998 as CEO India. Prior to his currentrole Mr Bindra was Global Head of Client Relationships, Wholesale Banking. He isalso on the Boards of Standard Chartered Bank (Thai) PCL, Prime FinancialHoldings Limited, Standard Chartered Bank Malaysia Berhad and SCOPEInternational (M) Sdn Bhd. He is the Chairman of Standard Chartered NepalLimited, Standard Chartered Bank (Mauritius) Limited and Scope InternationalPrivate Limited, India. Mr Peace, 58, joined the Board of Standard Chartered PLC as Non-ExecutiveDirector and Deputy Chairman on 1 August 2007. Mervyn Davies, Chairman of Standard Chartered PLC, said "I am very pleased with Gareth's appointment as Group Executive Director ofStandard Chartered PLC. Gareth will be a great addition to the Board. He bringsexcellent banking experience and strategic insight". Peter Sands, Group Chief Executive of Standard Chartered PLC, said "I am delighted that Jaspal has become Director of Standard Chartered Bank.Jaspal has a broad banking knowledge and international regulatory experiencewhich will benefit the governance of Standard Chartered Bank". --- ENDS --- Notes to editors Biographies Gareth Bullock Gareth was appointed as a Director of Standard Chartered Bank in 2003, andbecame Director, Middle East, Africa, Europe and the Americas in 2006. Prior to his appointment as a Director, he was Group Head of Strategy and priorto that Group Chief Information Officer and CEO Africa. Gareth has held other senior positions in the Group such as Head of Corporate &Institutional Banking, HK, China and NE Asia and CEO, UK/Europe Region. Commencing with Citibank, Gareth has had a long career in both commercial andinvestment banking and joined Standard Chartered in 1996. He was appointed as a Non-Executive Director of Spirax Sarco Engineering PLC, in2005 and was appointed as a Non-executive Director of Fleming Family & Partnersin 2006. In April 2007 he became Chairman of Mcashback Limited. Gareth studied at St. Catharine's College, Cambridge and graduated with an MA inModern Languages. He also studied in France. Gareth is married with three sons and his interests include France, languagesand ornithology. Gareth was born in 1953. Jaspal Bindra Jaspal Bindra is currently the Regional CEO for South East and South Asia. He isalso a member of Standard Chartered Group's General Management Committee (GMC).He is on the Boards of Standard Chartered Bank (Thai) PCL, Prime FinancialHoldings Limited, Standard Chartered Bank Malaysia Berhad and SCOPEInternational (M) Sdn Bhd. He is also the Chairman of Standard Chartered NepalLimited, Standard Chartered Bank (Mauritius) Limited and Scope InternationalPrivate Limited, India. Prior to this, he has been the Global Head Client Relationships, WholesaleBanking for Standard Chartered Bank based in Singapore, where he was responsiblefor all client relationships and commercial banking products across all the 56countries that SCB operates in. Before moving to Singapore in January 2003, he was CEO India region where hesuccessfully led the acquisition of ANZ Grindlays to make SCB the largestinternational bank, a position that it enjoys to date. Jaspal joined SCB in 1998 after four years with UBS Investment Banking. Hebegan his career with Bank of America in 1984 and worked with them acrossTreasury, Capital Markets and Consumer Banking in India and Singapore. Jaspal is 46 years old and a qualified Chartered Accountant and MBA. He ismarried with one son. Standard Chartered - leading the way in Asia, Africa and the Middle East Standard Chartered PLC is listed on both the London Stock Exchange and the HongKong Stock Exchange and is consistently ranked in the top 25 among FTSE-100companies by market capitalisation. Standard Chartered has a history of over 150 years in banking and operates inmany of the world's fastest-growing markets with an extensive global network ofover 1,400 branches (including subsidiaries, associates and joint ventures) inover 50 countries in the Asia Pacific Region, South Asia, the Middle East,Africa, the United Kingdom and the Americas. As one of the world's most international banks, Standard Chartered employsalmost 60,000 people, representing over 100 nationalities, worldwide. Thisdiversity lies at the heart of the Bank's values and supports the Bank's growthas the world increasingly becomes one market. With strong organic growth supported by strategic alliances and acquisitions anddriven by its strengths in the balance and diversity of its business, products,geography and people, Standard Chartered is well positioned in the emergingtrade corridors of Asia, Africa and the Middle East. Standard Chartered derives over 90 per cent of profits from Asia, Africa and theMiddle East. Serving both Consumer and Wholesale Banking customers worldwide,the Bank combines deep local knowledge with global capability to offer a widerange of innovative products and services as well as award-winning solutions. Trusted across its network for its standard of governance and corporateresponsibility, Standard Chartered takes a long term view of the consequences ofits actions to ensure that the Bank builds a sustainable business through socialinclusion, environmental protection and good governance. Standard Chartered is also committed to all its stakeholders by living itsvalues in its approach towards managing its people, exceeding expectations ofits customers, making a difference in communities and working with regulators. For more information on Standard Chartered, please log on to www.standardchartered.com For further information please contact: Tim Baxter Head of External Communications +44 (0)20 7457 5573 --- ENDS --- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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