Standard Chartered appoints David Tang to its Board as Independent Director

– UK, London –  Standard Chartered PLC (LON: STAN), today announced the appointment of David Tang as an independent non-executive director with effect from 12 June 2019. David will also join the Company’s Brand, Values and Conduct Committee.

José Viñals, Group Chairman said: “David has deep understanding and experience of emerging technologies in the context of some of our key markets, most notably mainland China. He is well respected in senior technology circles within China and maintains a global outlook. His role as a partner of NGP Capital will provide a valuable and interesting perspective to the Board discussions, most significantly in relation to the emerging technology sector.”

“I am delighted to welcome David to Standard Chartered and look forward to his contribution in our Board and committee discussions,” he added.

About David Tang

David is based in Beijing, China and has more than 30 years of international and Chinese operational experience in the technology and venture capital industries, covering investments, sales, marketing, business development, research & development and manufacturing. David is currently the Managing Director and Partner of NGP Capital in Beijing, managing investments in a range of technology startup and emerging technology companies.

Prior to joining NGP Capital, David was the Corporate Senior Vice President and President of AMD, Greater China. From 2004 to 2010, David held various positions within Nokia, including Chairman of Nokia Telecommunications Ltd and Vice Chairman of Nokia Investment Co. Ltd. David has also served as Vice President of the European Union Chamber of Commerce in China, Vice Chairman of the China Association of Enterprises with Foreign Investments, and Vice Chairman of the Beijing International Chamber of Commerce.

David is a non-executive director of Kingsoft Corporation Limited, a Chinese software and Internet services company, listed on the Hong Kong Stock Exchange and a non-executive director of YY Inc. a leading live streaming social media platform in China, listed on the Nasdaq. David has a Bachelor of Science degree in Computer Science and Engineering from California State University at Long Beach and an MBA from California State University at Fullerton.

About Standard Chartered

Standard Chartered is a leading international banking group, with a presence in 60 of the world’s most dynamic markets, and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and 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 In

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