London - Standard Chartered (the Group) has welcomed the appointment of Ngozi Okonjo-Iweala, an independent non-executive director of the Group since 2017, as the new Director-General of the World Trade Organization.

Speaking on behalf of the Group, Chairman José Viñals said: 'Ngozi has made valuable contributions to the Board over the past three years and we've been very fortunate to have the benefit of her extensive experience in development economics, sustainable finance and governance. As a bank dedicated to promoting global trade, we hope and believe she will achieve great things at the WTO and wish her all the best in her new role.'

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For further information please contact:

Julie Gibson

Head of Group Media Relations

+44 020 7885 2434

julie.gibson@sc.com

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Standard Chartered plc published this content on 16 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2021 00:13:08 UTC.