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Press release

Standard Chartered PLC announces Board changes

25 Mar 2014
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1 min

Following the announcement on 29 November 2013 that Jamie Dundas and Rudy Markham will step down from the Board as independent Non-Executive Directors in 2014, the Board confirms, in line with LR 9.6.12, that the effective date of their resignations will be 1 May 2014.

Lars Thunell who joined the Board as an independent Non-Executive Director in November 2012 will succeed Jamie as Chairman of the Board Risk Committee with effect from 1 April 2014.  Naguib Kheraj who joined the Board as an independent Non-Executive Director in January 2014 will succeed Rudy as Chairman of the Audit Committee with effect from 1 May 2014.

Sir John Peace, Chairman of the Board, commented: “I would like to thank both Jamie and Rudy for their considerable and valuable contribution to Standard Chartered.  Their continuity of service and commitment has provided an in-depth knowledge and understanding of the Group which has been of enormous value over the years.”

For further information please contact:

Sarah Lindgreen
Deputy Head of Media Relations
Tel: +44 20 7885 8764
Email: sarah.lindgreen@sc.com

Standard Chartered

We are a leading international banking group, with a presence in 52 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and 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.

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