People Moves
C-Suite Changes At Standard Chartered
The bank said the changes mean it can intensify focus on operations while freeing up tech teams to pursue innovation and make the bank's systems more robust.
Standard
Chartered has created the expanded role of group chief
operating officer, hiring former Commonwealth Bank of Australia
senior figure David Whiteing. He is based in Singapore and
reports to StanChart’s chief executive, Bill Winters.
The COO role brings together the chief operating officer’s team
with the bank’s global and country operations teams, which
formerly sat within information technology operations.
At CBA, Whiteing was group executive and chief information
officer for enterprise services. He joins StanChart on 10
September, subject to regulatory approval.
Doris Honold, the existing group COO, will work with Whiteing and
Michael Gorriz (group chief information officer) to split
operations from technology and integrate them with its existing
COO function. She will remain as part of the management team and
her next role will be announced in due course, the bank said in a
statement.
“These changes will allow us to increase our focus on operations
while liberating our technology teams to focus on our resilience
and our aggressive innovation agenda. The combined COO and
operations group will provide better support for our clients and
business and function leaders,” it said.
Gorriz continues to lead StanChart’s digital transformation and
innovation programmes.
Among recent moves, the UK-listed bank appointed Ravi
Ramakrishnan as managing director, market head, Global South
Asian Community (GSAC), private banking. It also appointed
Sajith Menon and Benedict John as directors and relationship
managers of GSAC. Ramakrishnan is based in Singapore,
reporting to Srinivas Siripurapu, regional head, private banking,
ASEAN and South Asia, and global head, GSAC. Also based in
Singapore, Menon and John report to Vishal Jain, managing
director, market head, South and South East Asia, private
banking. Prior to joining the bank, both were directors in
private banking at Bank of Singapore.
