Standard Chartered Appoints Julio Rojas as CEO, Americas
New York, 16 May, 2011
Standard Chartered today announced the appointment of Julio Rojas as CEO, Americas. He will be based in New York and will report to V. Shankar, CEO of Europe, the Middle East, Africa and the Americas. Julio will take over executive responsibility for Standard Chartered's business in the Americas from David Stileman, who will become Chairman, Americas.
Julio will now develop and promote the Bank's strategy across the Americas region and lead on all aspects of governance and financial performance. He joined Standard Chartered in 1988 as head of business development for South America and has held a variety of management positions in Miami, London and New York. Most recently, he has had global responsibility for financial institutions clients including central banks, sovereigns, commercial banks, investors, multilaterals, microfinance institutions and non-governmental organizations.
Commenting on the appointment, Shankar said: "Julio is a seasoned international banker with deep knowledge of the Americas region. Throughout his many years on the Americas Management Committee, he has made a very important contribution to developing our Americas franchise. His strong understanding of our clients, network and business has also enabled him to make an exceptional contribution to the growth of our financial institutions business globally. He is a great asset to my management team and I am delighted that he is taking on this important role."
In addition to his responsibilities at Standard Chartered, Julio is a board member of BAFT-IFSA, an affiliate of the American Bankers Association.
In his new role as chairman, Americas, David Stileman will continue to support the bank's strategic development and client coverage in the Americas. He will also continue to represent Standard Chartered at the Clinton Global Initiative and maintain his position as deputy chairman and president of BritishAmerican Business, as a board member of the Partnership for New York City and an advisory board member at Corsair Capital.
David joined Standard Chartered in 1984 and has held senior leadership roles in corporate finance, corporate development and general management in Asia, the UK and the Americas.
"Since taking on the role of CEO of the Americas in late 2007," said Shankar, "David has played an instrumental role in setting and driving the Americas strategy, raising the performance and visibility of the Americas business and growing our business in Brazil, a key market for the bank. In his new capacity as chairman, David will support Julio and me as we continue to develop our strategic approach for the region and enhance connectivity with the global Standard Chartered network."
Both appointments are effective 1st June, 2011. A new global head of financial institutions will be announced in due course.
For more information, please contact: Julie M. Gibson Corporate Affairs, Americas Tel: +1 646.845.1114 Cel: +1 917 209 5872 E-mail: Julie.Gibson@sc.com
Note to editors:
Standard Chartered – leading the way in Asia, Africa and the Middle East
Standard Chartered PLC is a leading international bank, listed on the London and Hong Kong stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns around 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years.
With 1700 offices in 70 markets, Standard Chartered offers exciting and challenging international career opportunities for its 75,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank's heritage and values are expressed in its brand promise, 'Here for good'.
About Standard Chartered Bank in the Americas
Standard Chartered Bank operates in 12 markets in the Americas, including the U.S., Canada, Mexico, the Caribbean, Argentina, Brazil, Chile, Colombia, Peru, Uruguay and Venezuela. The bank's primary function in the region is to facilitate trade and investment flows between the Americas and Standard Chartered Bank's core geographies of Asia, Africa and the Middle East.
Standard Chartered's New York-based wholesale bank provides financial products and services to corporations, financial institutions and development organizations in the Americas. Wholesale banking comprises of Origination and Client Coverage, Transaction Banking, Financial Markets and Corporate Finance groups. Key products include trade finance services, cash management, treasury, foreign exchange and interest rate products, commodity finance, and structured import and export finance services.
From its head office in Miami, the Standard Chartered Private Bank in the Americas offers its Latin America-based clients unparalleled access to the growth markets along with traditional capabilities in investment advisory, securities execution, trust and fiduciary services and portfolio management. The Private Bank in the Americas operates on an advisory center model, emphasizing the role of the trusted financial advisor and capitalizing on the global product strength and intellectual capital of Standard Chartered.
For more information on Standard Chartered, please visit: www.sc.com.