Standard Chartered appoints Tracey McDermott as Group Head of Compliance

London – Standard Chartered Bank has today announced the appointment of Tracey McDermott, as Group Head, Compliance, subject to regulatory approval. This is in addition to her role as Group Head, Corporate Affairs and Brand & Marketing.

Mark Smith, Group Chief Risk Officer, will jointly lead the Risk and Compliance function with Tracey. Mark and Tracey will represent Risk and Compliance respectively on the Bank’s Management Team and continue to report to Bill Winters, CEO.

Bill Winters said, “Mark and Tracey will focus on building a unified model that provides effective and timely pan-Risk and Compliance advice and support to the business. A ‘best in class’ Risk and Compliance team, working jointly with our client businesses to identify and enable appropriate opportunities, and with a focus on the client, is a significant competitive advantage for us.”

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For further information please contact:

Shaun Gamble
Executive Director, Group Media Relations
Standard Chartered Bank
+447766443662
Shaun.Gamble@sc.com

Catherine Woods
Global Head of Communications, Support Functions
Standard Chartered Bank
+65 6596 7913
Catherine.Woods@sc.com