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Standard Chartered in Europe and the Americas
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.
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.
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.
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
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.
Jörg Hessenmüller
Chief Operating Officer, Standard Chartered Bank AG
Jörg joined the Bank in May 2024. He was most recently Senior Advisor at Roland Berger. Prior to that, he served as Chief Operating Officer, Member of the Management Board of Commerzbank AG, and was previously Executive for Group Strategy and Digitisation for Commerzbank as well as CFO and Board member at Polish mBank.
He began his career in 1989 at Dresdner Bank and worked in interest rate derivatives trading and Treasury before taking on managerial roles in Financial Controlling. In 2009, as part of the integration of Dresdner Bank into Commerzbank, he became Global Divisional Head of Investment Banking Finance.
Our regulatory disclosures
Please click here for a list of our regulatory disclosures and other related documents