Standard Chartered Bank Appoints Abdulla Bukhowa as Head of Global Markets Bahrain

14 November 2010, Manama, Bahrain - Standard Chartered Bank Bahrain announces the appointment of Abdulla Bukhowa as the Head of Global Markets for Bahrain. In his new role, Abdulla Bukhowa will be responsible for the strategy, development and management of the Bank's Global Market business in Bahrain, underscoring the Bank's commitment to building and growing its Bahrain business. Abdulla brings with him more than 14 years of extensive knowledge and international banking experiences.

Jonathan Morris, Chief Executive Officer of Standard Chartered Bank Bahrain said, "Abdulla's appointment reaffirms Standard Chartered's commitment to strengthening the treasury business and serving the needs of our client base in the Kingdom. His appointment will reinforce our ambition to drive and grow our financial markets capabilities. He will be a member on the Bank's Bahrain Management Committee which takes decisions on all aspects of the Bank's performances in the kingdom. With Abdulla joining us, it is also evident of our desire to build our senior management leadership from within the Gulf which aligns with our vision of becoming the region's international bank of choice. We are delighted that Abdulla will be joining to lead the Bank's treasury team."

Abdulla joins Standard Chartered Bank Bahrain from the Central Bank of Bahrain where he was the Head of Portfolio Management. He is a seasoned professional, with over 14 years of deep industry experience and will greatly assist us in our continued focus on building out the Global Markets business.

Commenting on his appointment, Abdulla said, "Standard Chartered has built up a strong name for itself and is now recognised in the industry as one of the fastest growing banks across the world. This is a unique opportunity for me to be part of the vibrant financial atmosphere distinct to this region and look forward to working closely with the Bahrain team to further strengthen our position in this market."

Standard Chartered Bahrain has a history of 90 years of operations in Bahrain and the Middle East. Standard Chartered is the First Bank in Bahrain and has a network of 7 branches and a sales outlet.

For further information, please contact:

Nimmi Kamal
Head Corporate Affairs Bahrain, Standard Chartered Bank
Tel: +973 3977 076
E-mail: Nimmi.Kamal@sc.com

Standard Chartered - leading the way in Asia, Africa and the Middle East

Standard Chartered PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns around 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years.

With 1,700 offices in 70 markets, Standard Chartered offers exciting and challenging international career opportunities for more than 80,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank's heritage and values are expressed in its brand promise, 'Here for good'.

For more information on Standard Chartered, please visit: www.standardchartered.com