C-Suite Changes At Standard Chartered

Tom Burroughes

7 September 2018

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.