Nicolo Salsano appointed new Chief Executive Officer of Standard Chartered Bank AG

19 May 2023 [Frankfurt] – The Supervisory Board of Standard Chartered Bank AG (SCB AG), has appointed Nicolo Salsano (53), as Chief Executive Officer of Standard Chartered Bank AG, based in Frankfurt, Germany. Nicolo is expected to assume office on 2 October 2023.

Nicolo currently serves as Chief Executive Officer and Chairman of the Management Board for HSBC Trinkaus & Burkhardt GmbH. Prior to his appointment as Chief Executive Officer in May 2021, Nicolo was Head of Corporate and Institutional Banking and a member of the Management Board of HSBC Deutschland. Previously, Nicolo spent 17 years in executive positions at Credit Suisse across various locations including London, Frankfurt, and Hong Kong. He holds a Diplom-Kaufmann from the European Business School in Oestrich-Winkel, Germany.

Torry Berntsen, Chairman of Standard Chartered Bank AG’s Supervisory Board and CEO Europe and Americas at Standard Chartered, said: “We are delighted to welcome Nicolo Salsano as our new Chief Executive Officer of Standard Chartered Bank AG. His international background, deep understanding of our core markets in Asia and experience in all key areas of our Continental European business, make him the perfect fit.  Under his leadership, I believe the Bank in Continental Europe will continue its successful path.”

Nicolo Salsano commented: “Standard Chartered Bank is a market leader in its core markets and enjoys an excellent reputation amongst clients. I am very much looking forward to my new role at SCB AG and the opportunity of working with my colleagues on the Management Board and the whole Standard Chartered team to deliver Standard Chartered’s objectives.”

Nicolo succeeds Heinz Hilger who, after 10 years at Standard Chartered, has decided to pursue other opportunities outside the Bank. Heinz will remain as CEO of Standard Bank AG until the transition process has concluded.

Heinz was appointed Chief Executive Officer of SCB AG in July 2018 having previously served as Chief Executive Officer of Standard Chartered Germany and as Head of the Corporate, Commercial and Institutional Client business in Germany, Austria, and Switzerland. He has played an integral leadership role in building and driving Standard Chartered’s European strategy forward and, together with his management board colleagues, in securing the EU banking licence allowing the entity to serve as the main hub for our Continental European clients.

Torry Berntsen added: “On behalf of Standard Chartered and the SCB AG Supervisory Board, I would like to thank Heinz for his leadership and hard work over the past 10 years. We wish him all the best in his future endeavours.”

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For further information please contact:

Sonia Rossetti
Regional Head, Corporate Affairs and Brand & Marketing, Europe & Americas
Standard Chartered
+44 20 7885 7017
Sonia.Rossetti@sc.com

Note to Editor

Standard Chartered
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