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    STAN   GB0004082847

STANDARD CHARTERED PLC

(STAN)
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Standard Chartered : appoints Roel Louwhoff as Group Chief Digital, Technology and Innovation Officer

06/18/2021 | 08:30am EDT

London/Singapore - Standard Chartered (the Group) today announced the appointment of Roel Louwhoff as Group Chief Digital, Technology & Innovation Officer.

Louwhoff, has been Chief Operations and Transformation Officer at ING since 2014 and will be based in Singapore reporting to Group Chief Executive Officer Bill Winters.

Michael Gorriz, who has served as Group Chief Information Officer since 2015, will retire in December to concentrate on his external board and advisory roles in Europe and Asia.

Winters said: 'Roel joins us at a critical time in our transformation into the agile, digital and future-focused organisation we need to be. We will benefit from his perspective as a digital leader and I look forward to working with him on taking our technology platform to even greater heights. He takes over from the solid foundations Michael has laid: a strong and diverse technology leadership team and a modern, cloud-based architecture that is the bedrock for the Bank's digital ambitions. We are grateful for Michael's many contributions.'

Louwhoff added: 'I relish the prospect of taking on a new global challenge at Standard Chartered: helping to further digitise the business and supporting our customers and employees around the globe. I look forward to joining the international tech team and innovation engine, SC Ventures, and playing a part in their further success.'

Subject to regulatory approval, Louwhoff will begin his new role effective 1 November 2021.

ENDS -

For further information please contact:

Julie Gibson, Group Media Relations

+44 020 7885 2434

julie.gibson@sc.com

Standard Chartered

We are a leading international banking group, with a presence in 59 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.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on Twitter, LinkedIn, Instagram and Facebook.

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2021 14 987 M - -
Net income 2021 2 018 M - -
Net Debt 2021 - - -
P/E ratio 2021 9,14x
Yield 2021 3,31%
Capitalization 18 472 M 18 487 M -
Capi. / Sales 2021 1,23x
Capi. / Sales 2022 1,17x
Nbr of Employees 82 084
Free-Float 93,6%
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 5,93 $
Average target price 7,66 $
Spread / Average Target 29,0%
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Managers and Directors
William Thomas Winters Group Chief Executive Officer & Executive Director
Andrew Nigel Halford Group Chief Financial Officer & Executive Director
José Viñals Group Chairman
Michael Gorriz Group Chief Information Officer
David Whiteing Group Chief Operating Officer