LONDON--U.K.-based, Asia-focused lender Standard Chartered PLC (STAN.LN) said Wednesday it has appointed Naguib Kheraj Senior Independent Director from June 16, replacing Ruth Markland who is stepping down from the board by the end of 2015.

Naguib Kheraj has been an independent non-executive director of the company since January 2014 and has chaired the Audit Committee since May 2014.

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

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