Standard Chartered announces David Conner to the Board as Independent Director

– UK, London – Standard Chartered plc – In February 2015 we announced that Ms Ruth Markland and Mr Paul Skinner, CBE, two of our most long-standing independent non-executive directors would step down from the Board. Today we confirm that they will step down with effect from 31 December 2015. Ms Jasmine Whitbread, who joined the Board in April 2015, will succeed Paul as Chair of the Brand, Values and Conduct Committee from 1 January 2016.

In addition Dr Lars Thunell, an independent non-executive director and Chair of the Board Risk Committee has decided to step down from the Board. Lars has a number of other commitments and in light of the UN Secretary-General’s recently announced Climate Resilience Initiative, will be focusing a greater amount of his time on his role as Chairman of African Risk Capacity Ltd. Lars will ensure a smooth handover of his role as Chair of the Board Risk Committee to his successor before stepping down from the Board on 31 January 2016.

Mr David Philbrick Conner (aged 67) will join the Board as an independent non-executive director on 1 January 2016 and will also join the Board Risk Committee, Audit Committee and the Board Financial Crime Risk Committee at that time. He will succeed Lars as Chair of the Board Risk Committee from 1 February 2016. David has significant global banking experience, strong risk management credentials and an in-depth knowledge of Asian markets, having lived and worked across Asia for 37 years. David was CEO and director of OCBC Bank from 2002 until 2012 and remained as a non-executive director of OCBC Bank until 2014. Prior to that, he spent 26 years at Citibank in a number of senior Asian-based roles. He is currently a non-executive director of GasLog Partners LP.

Ms Elizabeth (Liz) Lloyd, CBE is to be appointed as Group Company Secretary on 1 January 2016 to succeed Miss Annemarie Durbin who will step down as Group Company Secretary with effect from 31 December 2015.

Sir John Peace, Chairman said “On behalf of the Board I would like to thank Ruth, Paul, Lars and Annemarie for their significant contributions to the Group. We wish them all well for the future.

“David Conner brings significant banking and risk management experience and a deep understanding of Asian markets. I am delighted to welcome him to Standard Chartered.”

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.

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.

here, the original post =>