Standard Chartered announces Andy Halford to its Board as Group Finance Director

– UK, London – Standard Chartered PLC today announces the appointment of Andrew Nigel Halford (“Andy”), age 55, to the Board as Group Finance Director and Group Executive Director.  In line with the Board’s announcement on 9 January 2014, Richard Meddings will step down from the Board with effect from 30 June 2014.

Andy joins the Company on 16 June 2014. He becomes Group Finance Director and will be appointed to the Board with effect from 1 July 2014. He will report directly to Peter Sands, Group Chief Executive, and will be based in the UK.

Andy joins Standard Chartered from Vodafone Group Plc where he spent 15 years, 9 years  as Chief Financial Officer until he stepped down in March 2014. He is a non-executive director of Marks and Spencer Group plc. Andy joined Vodafone in 1999 as Financial Director for Vodafone Limited, the UK operating company, and in 2001 became Financial Director for Vodafone’s Northern Europe, Middle East and Africa Region. From 2002 to 2005 Andy was Chief Financial Officer of Verizon Wireless in the US before becoming  a member of the Board of Representatives of the Verizon Wireless partnership until 2013. Prior to joining Vodafone he was Group Finance Director at East Midlands Electricity Plc. Andy is a former Chairman of The Hundred Group of Finance Directors in the UK and is a Fellow of the Institute of Chartered Accountants in England and Wales.

Peter Sands, Group Chief Executive, commented:  “Andy is an outstanding finance director with deep experience of managing a complex, international business in dynamic and changing markets.  He will bring complementary expertise to our team as we continue to grow our business and drive further value for our shareholders.”    

Sir John Peace, Chairman, added: “I am thrilled to welcome Andy to Standard Chartered.  He is an exceptional leader, bringing extensive financial, consumer and technology experience, most recently at one of the world’s leading telecoms companies, and will be a very welcome addition to our Board.”

Andy Halford, Group Finance Director Designate, said: “Standard Chartered has substantial opportunities for growth across some of the world’s most dynamic markets, so I am delighted to be joining the team at such an exciting time.  I look forward to helping the business continue to drive sustainable and profitable growth while maintaining its position of financial strength.”

About Standard Chartered

We are a leading international banking group, with more than 86,000 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.

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