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Thursday, November 26 - 2009

Standard Chartered appoints Regional Chief Executive, Middle East and North Africa

  • United Arab Emirates: Monday, January 08 - 2007 at 09:07
  • PRESS RELEASE

Standard Chartered Bank, a leading international bank in the region, has appointed Shayne Nelson as its Regional Chief Executive for the Middle East and North Africa.

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Nelson will responsible for the implementation of the Group's business strategies and overall Corporate Governance for the region.

With over 25 years of wide-ranging experience in the banking industry, Nelson was previously Chief Executive Officer and Managing Director for Standard Chartered Bank Malaysia Berhad prior to this appointment.

Joining Standard Chartered in 1997 his previous roles have included Regional Head of Credit for Hong Kong, China and North East Asia before being appointed Chief Risk Officer for Wholesale Bank, a global position covering over 50 countries within the Standard Chartered network.

Nelson has held numerous challenging positions throughout his career in two of Australia's major banks, Westpac Banking Corporation and the National Australia Bank. His roles in these two banks included periods in corporate finance, debt restructuring and senior positions in retail and wholesale banking.

"Shayne's in-depth and varied global banking experience makes him the most fitting candidate to lead corporate governance and franchise development on behalf of Standard Chartered in the region," said a senior Standard Chartered spokesperson.

He is a graduate member of the Australian Institute of Company Directors as well as an associate Fellow of the Australian Institute of Managers.
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Notes and media contacts

For further information please contact:-

Niall McLoughlin
Regional Head of Corporate Affairs, Standard Chartered Bank
Tel: +971 (0) 4 5070467
Fax: +971 (0) 4 3594174
Mobile: +971 (0) 50 6251329

Standard Chartered - leading the way in Asia, Africa and the Middle East

Standard Chartered PLC is listed on both the London Stock Exchange and the Hong Kong Stock Exchange and is consistently ranked in the top 25 among FTSE-100 companies by market capitalisation.

Standard Chartered has a history of over 150 years in banking and operates in many of the world's fastest-growing markets with an extensive global network of over 1,400 branches (including subsidiaries, associates and joint ventures) in over 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas.

As one of the world's most international banks, Standard Chartered employs 60,000 people, representing over 90 nationalities, worldwide. This diversity lies at the heart of the Bank's values and supports the Bank's growth as the world increasingly becomes one market.

With strong organic growth supported by strategic alliances and acquisitions and driven by its strengths in the balance and diversity of its business, products, geography and people, Standard Chartered is well positioned in the emerging trade corridors of Asia, Africa and the Middle East.

Standard Chartered derives over 90 per cent of profits from Asia, Africa and the Middle East. Serving both Consumer and Wholesale Banking customers worldwide, the Bank combines deep local knowledge with global capability to offer a wide range of innovative products and services as well as award-winning solutions.

Trusted across its network for its standard of governance and corporate responsibility, Standard Chartered takes a long term view of the consequences of its actions to ensure that the Bank builds a sustainable business through social inclusion, environmental protection and good governance.

Standard Chartered is also committed to all its stakeholders by living its values in its approach towards managing its people, exceeding expectations of its customers, making a difference in communities and working with regulators.

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