Two senior appointments in legal and regulatory

Standard Chartered has today announced two senior appointments to further enhance its legal, compliance and regulatory programmes.

David Fein joins as Group General Counsel, reporting directly to Peter Sands, Group Chief Executive. He will advise the Board and senior management on all material legal issues affecting the Bank including M&A, corporate activity and disputes.

David joins Standard Chartered from his prior role as United States Attorney for the District of Connecticut, for which he was nominated by President Obama, and confirmed by the Senate, in 2010. He has extensive experience identifying and fighting financial crime, and strong relationships with both federal and state authorities. As United States Attorney, David was appointed Vice-Chair of the US Attorney General’s Advisory Committee’s White-Collar Crime Subcommittee, and created the Connecticut Securities Commodities and Investor Fraud taskforce.

David was previously a partner at law firm Wiggin and Dana and served as associate White House counsel under President Clinton, among other high-profile legal roles. He joins the bank this month.

Jean Moorhouse joins as Head of Group Prudential Regulatory Affairs from the UK Prudential Regulatory Authority (PRA), and will report to Richard Meddings, Group Finance Director. Jean will manage all aspects of Standard Chartered’s relationship with the PRA, working closely with the bank’s treasury, risk, finance and compliance functions.

Jean is currently the PRA’s lead supervisor responsible for Lloyds Banking Group. She joined the FSA in 1998, and while there she was the lead regulator for Standard Chartered. Jean has been working with the Prudential Regulatory Authority since it was established in April this year. Prior to this, Jean was a senior manager in the international division at the Bank of England. Jean will join the Bank on 25 November.

Peter Sands, Group Chief Executive, said: “These appointments build on our ongoing investments in our legal and regulatory capabilities. It is imperative that we strive for the highest standards of conduct and compliance across the Bank and that we play our part in the global fight against financial crime.”

For further information please contact:

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

Julie M. Gibson
Head of Business and Corporate Communications, Americas
+1 917.209.5872
Julie.gibson@sc.com