LONDON, 5-8-2015 — /EuropaWire/ — Today, Standard Chartered Bank announces the appointment of Mark Smith, 53, as its new Group Chief Risk Officer. Mark will join the Bank in January 2016, and will be based in London.
In his new role, Mark will be responsible for managing Credit, Market, and Operational Risk across the Group. He will report directly to Group Chief Executive Officer Bill Winters as a member of the Bank’s recently announced Management Team. Pam Walkden will continue as interim Group Chief Risk Officer until Mark joins the Bank.
Mark joins the Bank from HSBC Bank plc, where he is currently Chief Risk Officer Europe, Middle East and Africa and Global Head, Wholesale Credit and Traded Risk. He has enjoyed a long and successful career at HSBC, having joined Midland Bank as a graduate trainee in 1982 prior to its acquisition by HSBC. Mark has also served as Chief Operating Officer, Global Corporate and Institutional Banking, and held roles in London and Hong Kong.
Bill Winters, Chief Executive Officer of Standard Chartered, said, “Mark is a highly capable individual who brings with him a wealth of experience from his previous roles, bolstered by a deep understanding of our footprint. I and the rest of our Management Team look forward to working closely with Mark as he leads our Global Risk Function at this important time for the Bank.”
For further information please contact:
External Communications Officer
Standard Chartered Bank
+44 (0)20 7885 6429
We are a leading international banking group, with more than 90,000 employees and a 150-year history in some of the world’s most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East, where we earn around 90 per cent of our income and profits. 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 as well as the Bombay and National Stock Exchanges in India.