Directorate Change

RNS Number : 3593C

Standard Chartered PLC

27 June 2016

 

27 June 2016

STANDARD CHARTERED PLC

ANNOUNCES BOARD CHANGE

Standard Chartered PLC ("the Company") announces that Simon Lowth (aged 54), an independent non-executive director since May 2010 and Chair of the Board Financial Crime Risk Committee has decided to step down from the Board to focus his time on his recently announced appointment as Group Finance Director at BT Group plc.  Mr Lowth will ensure a smooth handover of his role as Chair of the Board Financial Crime Risk Committee to his successor, who will be announced in due course, before stepping down from the Board on 31 July 2016.

Sir John Peace, Chairman said "On behalf of the Board I would like to thank Simon for his significant contribution to the Group over the past six years.  We wish him well for the future". 

Additional information

There are no matters relating to the resignation of Mr Lowth that need to be brought to the attention of the shareholders of the Company.

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For further information, please contact:

Simon Kutner - Media queries

[e-mail] [phone]

James Hopkinson - Investor queries

[e-mail] [phone]

Notes to Editors

Standard Chartered

We are a leading international banking group, with more than 86,000 employees and a 150-year history in some of the world's most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East, where we earn around 90 per cent of our income and profits. Our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

For more information please visit www.sc.com. Explore our insights and comment on our blog, BeyondBorders. Follow Standard Chartered on Twitter, LinkedIn and Facebook.

 

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