7 January 2021, Frankfurt – Standard Chartered Bank AG has appointed Torry Berntsen as a new member and Chair of its Supervisory Board.
Berntsen has been with Standard Chartered (the Bank) since 2016, serving as CEO and Head of Corporate and Institutional Banking for the Americas. Following his appointment as CEO, Europe and Americas, and CEO, Europe and UK for the Bank, he will also serve as Chair of Standard Chartered Bank AG’s Supervisory Board, replacing Tracy Clarke who has retired after 35 years with the Bank.
With nearly 40 years of banking and financial services experience, prior to joining Standard Chartered, Berntsen was most recently the President and a Director of Independent Bank Group (IBTX) where he was involved in all aspects of the Company’s operations, including spearheading its investor relations efforts as well as managing all of its financial institutions relationships and partnerships. Prior to IBTX, he spent 25 years in various senior management roles at The Bank of New York Mellon (BNY Mellon). His last position in BNY Mellon was Senior Executive Vice President, Sector Head, Global Client Management where he was responsible for leading the relationship efforts with financial institutions, corporate, government, not-for-profit, and real estate clients worldwide.
Commenting on his appointment, Torry Berntsen said: “Our European business is integral to Standard Chartered’s franchise and plays an instrumental role in connecting our client base to the Bank’s unique network in Asia, Africa, and the Middle East.
“I have had the pleasure of working with Heinz and the team over the past couple of years and I look forward to continuing that work with everyone at Standard Chartered Bank AG.”
Heinz Hilger, CEO of Standard Chartered Bank AG, added: “We are thrilled to be welcoming Torry to the team. Standard Chartered Bank AG is one of the our fastest growing client franchises and is key to delivering the Bank’s aspirations in the region, while we continue to be a trusted institution for our European clients and those wishing to do business in Europe.
“I would also like to take this opportunity to thank Tracy Clarke for her immense contribution to Standard Chartered Bank AG since its inception.”
Standard Chartered Bank AG was formally established following the granting of a full banking licence in December 2018 and operates as Standard Chartered’s EU hub. Following the appointment, the Supervisory Board of Standard Chartered Bank AG is now comprised of: Torry Berntsen (Chair), Klaus Entenmann (Independent Non-Executive Director), Peter Burrill (Group Head, Central Finance and Deputy CFO, Standard Chartered Bank), and Stephen Sheridan (Managing Director, Standard Chartered).
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