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

Fitch Places Asia Plus on Rating Watch Evolving

Fitch Ratings (Thailand) has today placed Asia Plus Group Holdings Securities Public Company Limited ‘s (ASP) National Long-Term Rating of ‘A-(tha)’ and National Short-Term Rating of ‘F2(tha)’ on Rating Watch Evolving (RWE)....

Asahi Kasei Mortgage #A# Rating Affirmed And Removed From C Outlook Stable

TOKYO (Standard & Poor's) May 28, 2015--Standard & Poor's Ratings Servicestoday said that it has affirmed its 'A' long-term corporate credit rating onJapan-based Asahi Kasei Mortgage Corp., a captive finance subsidiary of AsahiKasei group. At the...

Sime Darby Bhd. Downgraded To #A-# From #A# On Lower Deleveraging Outlook Negative

SINGAPORE (Standard & Poor's) May 28, 2015--Standard & Poor's Ratings Servicessaid today that it had lowered its long-term corporate credit rating on SimeDarby Bhd. to 'A-' from 'A'. The outlook is negative. We also lowered ourlong-term issue...

Photo Release: SCB brings three business gurus to share their experience and unleash innovation to top up SME businesses

Siam Commercial Bank, led by Mr. Yol Phokasub (middle), President, andMr. Vipon Vorasowharid (3rd from left), First Executive VicePresident, Business Banking Group, presided over the opening ceremonyof the "5th SCB SME...No Secret to Success - Unleash...

SCB brings three business gurus to share their experience and unleash innovation to top up SME businesses

Siam Commercial Bank has organized a well received "No secret to Success" seminar for five years in a row, inviting more than 2,000 SME owners to learn about first-hand experiences and secret tips for applying innovations to top up business from three...

Related Topics