Dr Lars Thunell
Independent Non-Executive Director
Dr Lars Thunell was appointed as an Independent Non-Executive Director of Standard Chartered PLC in November 2012.
Lars is a Senior Advisor to the Blackstone Group, and is a non-executive director and vice chairman of Sithe Global Power LLP, a director of Fisterra Energy and Chairman of Global Water Development Partners (all part of the Blackstone Group). He is also a director of the Middle East Investment Initiative and Access Health International, both an independent non-profit organisations and Chairman of African Risk Capacity Insurance Company Limited, a not for profit mutual insurance company and sits on an advisory panel at the African Development Bank.
Until June 2015, Lars was a non-executive director of Kosmos Energy. He was previously chief executive officer and executive vice president of the International Finance Corporation ("IFC"), a member of the World BankGroup, the largest global development institution focused on the private sector. In this role, Lars led the IFC's overall strategic direction in its mission to promote sustainable private sector development.
From 1997-2005, Lars was chief executive officer of SEB, Sweden's leading corporate bank. From 1994-1997 he was chief executive officer of Trygg-Hansa, and from 1992-1994, president and chief executive officer of Securum, the Swedish Government ‘bad bank’.