StanChart appoints Jose Vinals as new chairman
London
STANDARD Chartered has named former deputy governor of the Bank of Spain Jose Vinals as its new chairman, ending a 16-month search for a new leader to continue a sweeping turnaround plan at the Asia-focused lender.
Mr Vinals will join the bank as chairman designate on Oct 3 and succeed John Peace on Dec 1, StanChart said on Wednesday. "José brings deep and extensive economic, political and regulatory experience of our markets and an exceptional grasp and understanding of the international financial system," chief executive Bill Winters said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Japanese yen slides back towards 34-year low after brief spike
China’s Bank of Communications Q1 profit rises 1.44%
HSBC’s private bank shuts independent asset management business in HK, Singapore
Nomura Q4 net profit jumps almost eight-fold on retail income surge
Rescue pup to meme star: the real-life ‘Dogecoin’ dog
Money laundering accused Zhang Ruijin slapped with 5 more charges days before scheduled guilty plea