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Germany

About

We’re here for good

We’re proud to connect the world’s most dynamic markets to drive growth and prosperity

Who we are and what we do

We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

Person, Human, Clothing

Standard Chartered in Germany

We have a long history in Europe and first started providing financial products and services for German corporates and financial institutions in 1907. Germany is one of the Bank’s fastest growing client franchises and is pivotal to delivering our strategic aspirations in Europe and continuing to meet the needs of our European clients and those wishing to do business in Europe.

Standard Chartered Bank AG is the hub for our EU activities, and as we increase our focus on our business and clients based in Europe, we are well-positioned, both geographically and strategically, to further develop our business and remain at the heart of Europe.

Standard Chartered in Europe and the Americas

We take pride in our ability to bridge the physical distance between our clients in the Region, who are looking to expand into our Emerging Markets network, and vice versa.

The Europe and the Americas business is a centre of expertise for the Bank’s major product offerings, allowing us to provide a wide range of services, platforms and capabilities to meet the growing needs of our clients.

As one of the Bank’s fastest-growing client regional franchises, our business in Europe and the Americas is pivotal to delivering the strategic aspirations of the Bank.

We opened our UK office in 1853 and these London headquarters are the main centre in Europe for Corporate and Institutional Banking client coverage. It is also a Booking Centre for our Private Banking, Priority Banking (led from Jersey) and Retail Banking services in the Falklands. Our EU hub, Standard Chartered Bank AG, which is located in Frankfurt, strengthens our presence across Europe and enables us to better serve our strategic and evolving European client base.

Standard Chartered is also present in multiple locations across North and South America, with our Americas headquarters located in New York. Our Americas franchise, through our Corporate and Institutional Banking business, is committed to providing financial products and services to multi-national corporations, financial institutions and development organisations.

Our leaders in Germany

The Supervisory Board

The Standard Chartered Bank AG Supervisory Board will be responsible for supervising the Management Board.

The Standard Chartered Bank AG Supervisory Board comprises of:

  • Torry Berntsen, Chairman of Standard Chartered Bank AG’s Supervisory Board and Executive Vice-Chairman, Corporate & Investment Banking, Europe, Americas, the Middle East & Africa
  • Peter Burrill, Group Head, Central Finance and Deputy CFO
  • Molly Duffy, Head of Financial Markets, Europe and Americas
  • Klaus Entenmann, Independent Non-Executive Director
  • Gerhard Hofmann, Independent Non-Executive Director
  • Tracey McDermott, Group Head, Conduct, Financial Crime, Compliance
  • Michael Spiegel, Group Head of Transaction Banking

The Management Team

Nicolo Salsano

Chief Executive Officer, Standard Chartered Bank AG

Nicolo joined the Bank in October 2023 as Chief Executive Officer of Standard Chartered Bank AG. Prior to joining Standard Chartered, Nicolo served as Chief Executive Officer and Speaker of the Management Board for HSBC Germany since 2021. Prior to being named CEO, he held the role of Head of Corporate and Institutional Banking and was a member of the Management Board of HSBC Germany since 2018. 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 degree from the European Business School in Oestrich-Winkel, Germany.

Nicolo head shot
Heinz Hilger headshot

Michael Hellbeck

Chief Risk Officer, Standard Chartered Bank AG

Michael Hellbeck is the Chief Risk Officer and a Member of the Management Board of Standard Chartered Bank AG.

He joined Standard Chartered Bank in August 2010 as Chief Operating Officer & Head of Regulatory Affairs / Country Head of Compliance in Korea. In 2014 he transferred to Standard Chartered Bank Singapore (Group) as global Transaction Banking – Trade COO. From January 2018, Michael joined Standard Chartered Bank in Germany to help manage the Brexit Response Program and build out the Risk Management function for SCB AG. Prior to joining Standard Chartered Bank, Michael Hellbeck worked for 27 years at Deutsche Bank in Germany, Singapore, Korea, Taiwan and the Philippines, in various roles including credit risk management, client coverage and COO / country management. Michael has a bachelor in Banking Sciences from Frankfurt School of Management & Finance.

Caroline Eber-Ittel

Head of Client Coverage Continental Europe and Chief Executive Officer (CEO) for France

Caroline Eber-Ittel is Head of Client Coverage Continental Europe and Chief Executive Officer (CEO) Paris branch, having joined the bank in August 2013.

Based in Paris, Caroline is responsible for expanding the Bank’s client relationships with Corporates and Financial Institutions.

She started her career at HVB, working in the corporate development department prior to joining Deutsche Bank, undertaking different roles in risk management, financing and client coverage. Caroline was Managing Director, Head of Corporate Banking for Deutsche Bank France from 2009.

Alexander Engel

Alexander Engel

Chief Financial Officer, Standard Chartered Bank AG

Alexander has served as Chief Financial Officer (CFO) of Standard Chartered Bank AG since March 1, 2019, which was formally established and acts as Standard Chartered’s EU hub following the granting of a full banking license in December 2018.

Prior to joining Standard Chartered, Alexander was CFO of solarisBank AG in Berlin. Prior to that, he worked for Deutsche Bank for over 10 years, most recently as Managing Director Global Purchasing and Cost Management, Head of Strategic Cost Management and Analytics in London.

Our regulatory disclosures

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