Press release
Michael Vrontamitis is appointed Head of Trade
Standard Chartered has appointed Michael Vrontamitis as Head of Trade, Product Management with immediate effect.
In this role, Michael will be responsible for delivering the Bank’s Trade Finance capabilities in Documentary Trade, Receivables Services and Supply Chain Finance which form an integral part of the Bank’s working capital solutions offered to its clients. As Head of Trade, Michael will drive overall trade finance P&L and strategy across the Bank’s global network.
Michael has been with Standard Chartered for 19 years. Prior to this appointment, he was Head of Product, Greater China and Northeast Asia where he oversaw Transaction Banking product management covering Trade Finance, Cash Management and Securities Services. Michael was also instrumental in developing Standard Chartered’s Renminbi capabilities over the past five years.
Commenting on this appointment, Michael said: “Standard Chartered is the leading trade bank entrenched across the key growth corridors in Asia, Africa and the Middle East. With the emerging markets accounting for half of global trade and the increasing importance of global supply chains, I am excited about the vast opportunities across our footprint to further grow our business and support our clients.”
Michael will be based in Hong Kong and report to George Nast, Global Head, Product Management, Transaction Banking.
“I am confident that Michael’s experience and knowledge of our markets and clients will be key in driving our business momentum, as well as ensure that we continue to provide world-class solutions to help clients navigate the complexities across their trade needs and cross border supply chains,” said George Nast, Global Head, Product Management, Transaction Banking.
For further information please contact:
Tan Hsueh Mei
Global Communications, Corporate Affairs
+65 6596 69289
Tan.Hsueh-Mei@sc.com