Peter Flavel, who recently moved from the role of global head of The Standard Chartered Private Bank, has left the group, this publication has learned.

Flavel, who had been succeeded in that role by Shayne Nelson, had moved to take up the post of global head and CEO for personal banking at Standard Chartered.

However, he has now left the group and has “decided to pursue a career outside of the bank” a spokesperson for Standard Chartered said.

“He made a significant contribution to building the Private Bank over the last three years. We wish him all the best in his future endeavours,” the spokesperson said.

James Galloway, currently chief marketing officer, will assume additional responsibility for personal banking, the bank added.