StanChart announces senior legal and regulatory appointments

Stocks and Financial Services Press Releases Friday September 27, 2013 09:24
Standard Chartered--27 Sep--Asian Banker
September 19th 2013 - Standard Chartered has today announced two senior appointments to further enhance its legal, compliance and regulatory programmes.

David Fein joins as Group General Counsel, reporting directly to Peter Sands, Group Chief Executive. He will advise the Board and senior management on all material legal issues affecting the Bank including M&A, corporate activity and disputes.

David joins Standard Chartered from his prior role as United States Attorney for the District of Connecticut, for which he was nominated by President Obama, and confirmed by the Senate, in 2010. He has extensive experience identifying and fighting financial crime, and strong relationships with both federal and state authorities. As United States Attorney, David was appointed Vice-Chair of the US Attorney General’s Advisory Committee’s White-Collar Crime Subcommittee, and created the Connecticut Securities Commodities and Investor Fraud taskforce.

David was previously a partner at law firm Wiggin and Dana and served as associate White House counsel under President Clinton, among other high-profile legal roles. He joins the bank this month.

Jean Moorhouse joins as Head of Group Prudential Regulatory Affairs from the UK Prudential Regulatory Authority (PRA), and will report to Richard Meddings, Group Finance Director. Jean will manage all aspects of Standard Chartered’s relationship with the PRA, working closely with the bank’s treasury, risk, finance and compliance functions.

Jean is currently the PRA’s lead supervisor responsible for Lloyds Banking Group. She joined the FSA in 1998, and while there she was the lead regulator for Standard Chartered. Jean has been working with the Prudential Regulatory Authority since it was established in April this year. Prior to this, Jean was a senior manager in the international division at the Bank of England. Jean will join the Bank on 25 November.

Peter Sands, Group Chief Executive, said: “These appointments build on our ongoing investments in our legal and regulatory capabilities. It is imperative that we strive for the highest standards of conduct and compliance across the Bank and that we play our part in the global fight against financial crime.”

--www.theasianbanker.com (September 27 2013)--

Latest Press Release

Four CLI Funding V LLC #A (sf)# Ratings One Rating Withdrawn

NEW YORK (Standard & Poor's) Oct. 20, 2014--Standard & Poor's Ratings Services today affirmed its 'A (sf)' ratings on CLI Funding V LLC's series 2013-1, 2013-2, 2013-3, and 2014-1 transactions. At the same time, we withdrew our 'A (sf)' rating on...

Virgolino Downgraded To #CCC-# From #B# And Placed On Watch Negative On Higher Refinancing Risk

SAO PAULO (Standard & Poor's) Oct. 20, 2014--Standard & Poor's RatingsServices lowered its global scale corporate credit and debt ratings onVirgolino de Oliveira S.A. – Acucar e Alcool (GVO) to 'CCC-' from 'B'. We alsolowered our Brazil...

IMF Projects Robust Growth in Sub-Saharan Africa, Amid Shifting Global Forces

Introducing the October 2014 IMF Regional Economic Outlook: Sub-Saharan Africa, Ms. Antoinette Sayeh, Director of the IMF’s African Department commented today: “The strong growth trends of recent years in the sub-Saharan Africa region are...

Sociedad Estatal de Participaciones Industriales Affirmed At #BBB/A-2# In Line With Ratings On Outlook Stable

MADRID (Standard & Poor's) Oct. 20, 2014--Standard & Poor's Ratings Services today affirmed its 'BBB/A-2' long- and short-term issuer credit ratings on Spanish government-owned holding company Sociedad Estatal de Participaciones Industriales...

Shanghai International Port (Group) Co. Ltd. Assigned #A+# Rating With Stable Outlook

HONG KONG (Standard & Poor's) Oct. 20, 2014--Standard & Poor's RatingsServices said today that it had assigned its 'A+' long-term corporate creditrating to China-based port operator Shanghai International Port (Group) Co.Ltd. (SIPG). The outlook...

Related Topics