Standard Chartered Plc Continues to Reshuffle Executive Group

Standard Chartered Plc has again shaken up its executive personnel group, announcing a series of moves across a number of its business operations – in particular, the group has named two new group heads, according to a Reuters report.

Last week, Standard Chartered Plc secured the services of veteran FX and prime brokerage specialist Robert Gomprecht, who joined the group as its newest Head of e-FX Sales.

Standard Chartered’s latest moves encompass a number of appointments, as well as a marquee resignation. Regarding the latter, the bank’s Group Executive Director Viswanathan Shankar has resigned to pursue other interests. The move snaps a thirteen-year stint at the bank, which will see Mr. Shankar leaving by April 30, 2015.

According to Peter Sands, Standard Chartered’s CEO in a recent statement on the departure, “Shankar has decided to make a change of direction in his career and I wish him all the best.” Mr. Sands himself is slated to depart in June.

In other moves, Standard Chartered has also today appointed Michael Gorriz as its newest Chief Information Officer (CIO). Mr. Gorriz joins Standard Chartered from Mercedes-maker Daimler AG, having served in a similar role.

Finally, Standard Chartered has also made two group head appointments, naming Jonathan Paul as its Group Head, Financial Markets and Sumit Dayal as Group Head, Corporate Finance.