Standard Chartered Names Jose Viñ als New Chairman
July 27 2016 - 11:40AM
Dow Jones News
LONDON—Standard Chartered PLC named former Spanish central
banker Jose Viñ als as its next chairman, after searching for more
than a year to replace the outgoing John Peace.
Mr. Viñ als will start in October and officially take over the
role from Mr. Peace on December 1.
Naguib Kheraj, the Standard Chartered director who led the
search for a new chairman, will become Mr. Viñ als' deputy, the
bank said.
Mr. Viñ als, all but unknown in Britain, is currently the
financial counselor and director of the monetary and capital
markets department of the International Monetary Fund. He joined
the IMF in 2009 after rising to deputy governor in a 25-year career
at the Bank of Spain.
Standard Chartered announced in February 2015 that Mr. Peace
would leave the bank in 2016. But the search dragged on for months
longer than expected as candidates willing to globe-trot and help
oversee the bank's restructuring proved thin on the ground.
(END) Dow Jones Newswires
July 27, 2016 11:25 ET (15:25 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.