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Standard Chartered PLC directorate change

14 Jan 2013

As part of the previously announced multi-year Board succession programme, the Board of Directors (the “Board”) of Standard Chartered PLC (the “Company”) announces that Ms Val Gooding and Mr Richard Delbridge will be stepping down from the Board with effect from 1 May 2013.

These changes follow the recent appointment of four new independent Non-Executive Directors to the Board.  As announced in September 2012, Dr Lars Thunell and Mrs Margaret Ewing joined the Board on 1 November 2012, and Mr Om Bhatt and Dr Louis Cheung joined the Board on 1 January 2013.
Val and Richard have been independent Non-Executive Directors of the Company since 2005 and 2010 respectively.  The Company confirms that there are no additional matters that need to be brought to the attention of shareholders in respect of the stepping down of these two Directors.

Sir John Peace, Chairman of the Board, said:

“Val and Richard have been excellent Non-Executive Directors and a privilege to work with over the years.  I would like to take this opportunity to thank them both for their outstanding contribution to the Company.”

Further information regarding the ongoing Board succession programme will be provided ahead of the 2013 Annual General Meeting.

For further information please contact:

James Hopkinson
Head of Investor Relations
T: +44 20 7885 7151

Jon Tracey, Head of Media Relations
T: +44 20 7885 7613


Standard Chartered

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.

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