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Standard Chartered Foundation
Our Board of Trustees
The Foundation is governed by senior leaders from Standard Chartered alongside external experts.
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Tracey McDermott, CBE
Independent Trustee | Chair
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Raymond Ang
Trustee
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Bella Bird
Independent Trustee
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Daniel Hodge
Trustee
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Iraj Ispahani
Independent Trustee
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Tanuj Kapilashrami
Trustee
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Patrick Lee
Trustee
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Caroline Ngigi
Trustee
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Board Diversity Statement
Standard Chartered Foundation (SCF) is registered with Companies House in England and Wales as an incorporated charity by a guarantee (as of 29 April 2019, registration number 11968592) and the Charity Commission for England and Wales (as of 19 August 2019, registration number 1184946).
SCF is a wholly owned subsidiary undertaking of Standard Chartered Bank (the Bank), a company incorporated in England with limited liability by Royal Charter (reference number ZC000018). The ultimate holding company is Standard Chartered PLC (the Group), a company registered in England and Wales (company number 00966425) and as such is part of a distinctive footprint and international outlook.
All Board of Trustees’ appointments are based on merit with each candidate assessed against objective criteria, with the prime consideration of maintaining and enhancing the Board’s overall effectiveness. The principles of equality, diversity and inclusion are embedded in SCF operations to help deliver the charity’s purposes and its public benefit requirement.
The Group Board Diversity Policy (the Policy) recognises the benefit of having a Board made up of individuals with a diverse mix of gender, social and ethnic backgrounds, knowledge, personal attributes, skills and experience.
The Policy applies to SCF Board of Trustees. In order to enhance the diversity of the Board of Trustees, SCF is committed to:
- Ensuring that our Board and committees reflect the diverse markets in which we operate.
- Ensuring the Board of Trustees comprises a good balance of skills, experience, knowledge, perspective and varied backgrounds.

Raymond Ang
Trustee
Appointed
Raymond was appointed to the Standard Chartered Foundation Board of Trustees in January 2025.
Career
Raymond is Global Head, Private Bank and Affluent Clients, and Head, Wealth and Retail Banking, Greater China and North Asia, for Standard Chartered.
His banking career spans over 30 years having held various senior leadership positions in Asia with extensive regional and country responsibilities. He has deep experience in Private and Affluent Banking, servicing clients across the wealth continuum.
Raymond joined from UBS AG where he was their Singapore Private Banking Location Head based in Singapore. During the nine years at UBS, he held a number of senior roles, including Head of North Asia, Japan and Indonesia, Head of Ultra High Net Worth Southeast Asia, and Head of Sales for Asia Pacific.
Before joining UBS, Raymond was with the Carlyle Group focused on leveraged buyout situations in North Asia. Amongst other investments, he was instrumental in rebuilding and subsequently exiting a commercial bank in Taiwan. He also spent eight years in DBS Bank at the group level and was instrumental in building out their wealth, priority banking and unsecured lending businesses across Asia in the early 2000s. He began his career at Citibank NA in 1994 as a Global Management Associate in the consumer banking franchise.
Raymond is a graduate and alumni of Harvard Business School and Indiana University School of Business. He has worked and lived in Hong Kong, Taiwan, Thailand and Singapore.

Bella Bird
Independent Trustee
Appointed
Bella was appointed to the Standard Chartered Foundation Board of Trustees in September 2024.
Career
Bella is an expert in international development, having worked for 30 plus years in positions in the UK government and the World Bank, in Africa, Asia, London and Washington DC in the USA, as well as with a number of non-governmental organisations early in her career.
Bella has held senior management positions for close to 20 years, as a Director with the World Bank and before that as a UK Senior Civil Servant with the former Department for International Development (DFID).
Bella has extensive experience both at field and policy level in developing, financing and implementing programmes that bring positive impact to people across the developing world. She has had oversight of programmes of a value of up to USD6 billion and covering economic and social policy, enterprise development, human development and youth employment, among other areas.
She has worked in a variety of country contexts, including middle income emerging economies and countries emerging from conflict. Bella has deep experience in developing collaborative partnerships with international organisations, senior government leaders and partners in business.
In addition to her role as an Independent Trustee for the Standard Chartered Foundation, Bella also holds the position of Trustee for the charity Everyone’s Invited.

Daniel Hodge
Trustee
Appointed
Daniel (Dan) was appointed to the Standard Chartered Foundation Board of Trustees in October 2024.
Career
Dan is Group Treasurer at Standard Chartered. After obtaining a Geography degree from Oxford University, Dan started his professional career at Arthur Anderson in 1994, where he provided tax consultancy services. Having qualified as a chartered accountant (ACA) in 1997, he moved to Schroders Investment Bank where he advised public and private sector clients on project financing.
Dan moved to Barclays Bank in 1999, where he spent 21 years, the last 12 of which as Managing Director. At Barclays he initially worked in Structured Capital Markets in the investment bank for 10 years before moving to Treasury for nine years and then to Compliance for two years. During that time, he held the roles of Treasurer for Corporate and Investment Banking, Group Treasurer (for four years from 2014 to 2018) and Chief Compliance Officer for Barclays International.
Whilst at Barclays, Dan also served on the Board of Asba Bank from 2017 to 2020, where he was a member of three sub-committees: Risk and Capital Management, Credit and Remuneration.

Iraj Ispahani
Independent Trustee
Appointed
Iraj was appointed to the Standard Chartered Foundation Board of Trustees in April 2019.
Career
Iraj is the CEO of Ispahani Advisory Ltd. and is based in London. Ispahani Advisory advises family businesses on business strategy, governance, people and education. The firm operates internationally across EMEA and APAC and specialises in working with family and private businesses, private foundations and wealth owners.
Iraj also serves as a Group Director and Board Member of the Ispahani Group, a family business headquartered in Bangladesh which marked 200 years in 2020. Prior to joining the family business, Iraj held global and regional leadership roles in banking at JP Morgan and organisational development at Korn Ferry.
In January 2020, Iraj was appointed Chair of The Shakespeare’s Globe Council. Prior to this, Iraj served as Deputy Chairman and Trustee of Shakespeare’s Globe. He also served as Chairman of the Remuneration Committee and Chairman of the Nominations Committee and is an advisor to UNICEF in the UK and Bangladesh. In January 2021, Iraj was appointed as a member of the UK Development Board of the International Committee of the Red Cross (ICRC).
Iraj is an editor of the Family Business and Responsible Wealth Ownership: Preparing the Next Generation, published by Globe Law and Business. He is a founding advisor and a member of the advisory group of a new programme led by the Institute for Sustainability Leadership at Cambridge on multi-generational leadership. Iraj is also a founding advisor of the Responsible Family Business and Wealth Ownership programme created by Cambridge Judge Business School.
Iraj was previously a member of the Seeing is Believing Management Committee, Standard Chartered global initiative to tackle avoidable blindness in collaboration with The International Agency for the Prevention of Blindness (IAPB).

Tracey McDermott, CBE
Independent Trustee | Chair
Appointed
Tracey was appointed to the Standard Chartered Foundation Board of Trustees in April 2019 and became Chair in April 2024.
Career
Tracey is the Chair of the Standard Chartered Foundation. She was most recently the Group Head Conduct, Financial Crime and Compliance at Standard Chartered from January 2019 until December 2024. She originally joined the Bank as Group Head of Corporate, Public and Regulatory Affairs in March 2017 subsequently adding Brand and Marketing to her portfolio in December 2017 and Compliance in March 2018.
Tracey was previously the Acting Chief Executive of the Financial Conduct Authority (FCA) from September 2015 to June 2016. She joined the then Financial Services Authority (FSA) in 2001 where she held a number of senior roles, including: Director of Supervision and Authorisations, and Director of Enforcement and Financial Crime.
Tracey also served as a Board Member of the FSA from April 2013, as a member of the Financial Policy Committee of the Bank of England, and as Non-Executive Director of the Prudential Regulatory Authority (PRA) from September 2015 to June 2016. Prior to joining the FCA, Tracey worked as a lawyer in private practice, having spent time in law firms in the UK, USA and Brussels. In 2016, Tracey received a CBE (Commander of the Order of the British Empire) for her services to financial service consumers and markets.

Caroline Ngigi
Trustee
Appointed
Caroline was appointed to the Standard Chartered Foundation Board of Trustees in February 2026.
Career
Caroline is Global Head, Conduct, Financial Crime and Compliance Advisory, Transaction Banking and Africa, at Standard Chartered.
Caroline is a compliance professional with over 20 years’ experience spanning across Europe, Africa, Middle East and Asia. She is responsible for partnering with the business to effectively provide oversight and challenge in the identification and management of Conduct, Financial Crime and Compliance (CFCC) risks for Transaction Banking, Digital Channels and Data Analytics business for CIB globally.
She has been in Standard Chartered Bank for over 10 years holding multiple senior roles at a country, region and group level, leveraging off this exposure to support sustainable business growth. Her areas of expertise include managing regulatory relations and risk management in digital platforms, data, trade finance, cash management, corporate lending, equity research, corporate finance, custody and funds administration products. Prior to joining Standard Chartered, she was VP Compliance at Barclays London and at Credit Suisse Europe.
Caroline has been a recipient of various outstanding performance awards for her contribution to the compliance profession and recognised for talent development which is one of her key passions.
She holds a Bachelor of Laws (LLB), a Master of Laws (LLM) as well as multiple professional certifications: ACAMS, FINRA and CISI.

Tanuj Kapilashrami
Trustee
Appointed
Tanuj was appointed to the Standard Chartered Foundation Board of Trustees in September 2024.
Career
Tanuj is Chief Strategy & Talent Officer at Standard Chartered. She leads Corporate Strategy, Group-wide Transformation and Corporate functions (Brand & Marketing, Corporate Affairs, Corporate Real Estate Services, Human Resources and Supply Chain Management) for the Bank. Leading at the intersection of strategy, transformation, people and brand, she is responsible for how the Bank develops, executes and communicates its strategy.
Tanuj joined the Bank in March 2017 as Group Head, Talent, Learning & Culture, and was appointed Group Head, Human Resources in January 2019.
Tanuj has over two decades of experience in the global financial services sector. Prior to joining Standard Chartered, she built her career at HSBC, where she undertook a range of country, regional and global leadership roles across multiple markets (including Hong Kong, Singapore, India, Dubai and London).
Tanuj is a recognised thought-leader on the future of work. She is often featured in leading global media including the Economist, Financial Times, Bloomberg and the BBC, as well as in publications such as the Harvard Business Review, on a range of topics including culture, leadership, inclusion, and skills. Her first book The Skills-Powered Organization – The Journey to the Next Generation Enterprise was published by the MIT Press in 2024.
Tanuj is a recognised thought-leader on the future of work. She is often featured in leading global media including the Economist, Financial Times, Bloomberg and the BBC, as well as in publications such as the Harvard Business Review, on a range of topics including culture, leadership, inclusion, and skills. Her first book The Skills-Powered Organization – The Journey to the Next Generation Enterprise was published by the MIT Press in 2024.

Patrick Lee
Trustee
Appointed
Patrick was appointed to the Standard Chartered Foundation Board of Trustees in April 2025.
Career
Patrick is Standard Chartered’s CEO for Singapore, ASEAN & South Asia, responsible for steering and executing business development and strategy. These are key strategic markets for Standard Chartered and Singapore is home to the Bank’s global businesses and Technology & Operations functions.
Before assuming this role, Patrick was CEO Singapore, and Head of Global Banking, Singapore, where he was responsible for the Bank’s corporate and institutional client businesses.
Before joining Standard Chartered in 2012, Patrick was Managing Director, Head of Southeast Asia Investment Banking at Nomura. Prior to that, he was Head of Singapore/Malaysia Investment Banking at UBS and Executive Director, Investment Banking at Morgan Stanley. He has over 30 years of experience in the banking industry, including corporate and investment banking, product and sector coverage, and has worked in Singapore, Hong Kong and London.
Patrick is a Co-Founder and Board Director of Leap Philanthropy Ltd, a Singapore-based charity active in the region. He is also a Board Director of Clifford Capital (established as a specialist provider of structured finance solutions). He is an Executive Committee member of Singapore Trade Data Exchange Services Pte Ltd (SGTraDex), and serves on the Board of Climate Impact X Pte Ltd as an Alternate Director. In 2022, Patrick was named an ‘IBF Distinguished Fellow’ by the Institute of Banking and Finance (IBF) Singapore for his contributions to the growth and development of the financial sector.
Patrick graduated with BA (First Class Honors) and MA in English from Trinity College, Cambridge.