Standard Chartered Bank Appoints Chief Executive Officer, Brazil
New York, March 23, 2009
Standard Chartered Bank today announced that Airton Villafranca has joined the Bank as Chief Executive Officer and Head of Origination and Client Coverage, Brazil. Airton will be responsible for driving the country strategy and business of Standard Chartered Bank in Brazil.
“This appointment is timely, as Brazil is an important market to Standard Chartered due to the scale of its domestic economy and its growing ties with our footprint countries in Asia, Africa and the Middle East,” said David Stileman, Chief Executive Officer, Americas.
With a continuous presence in Brazil for over 35 years, Standard Chartered has built a strong Wholesale Bank business in the country, including the recent acquisition of certain Brazilian assets and people from Lehman Brothers.
The Bank seeks to broaden its offerings to Brazilian wholesale banking clients -- corporations and financial institutions -- and international clients from its core markets of Asia, Africa and the Middle East seeking to conduct business with Brazil. “We are delighted to welcome an executive with outstanding country knowledge and an understanding of the financial needs of our clients in Brazil and around the world,” said Jan-Erik Andersen, Regional Head of Origination and Client Coverage, Americas.
Airton brings with him nearly 27 years of banking experience. Since 2001, he has been with Banco Santander Banespa in Brazil, most recently as International Director, where he built the bank’s presence in Brazil and had responsibility for a wide range of wholesale banking functions, including trade, foreign exchange, structured trade, and correspondent banking.
From 1997 to 2001, he was a Managing Director with Chase Brazil, where he was responsible for the Financial Institutions, Sovereigns, and Trade Finance Groups. His earlier career included positions at Chemical Bank, and their Brazilian bank, Banco Norchem.
He holds bachelor degrees from the University of Sao Paulo in Economic Science and Business Administration and is fluent in English, Spanish and Portuguese.--ENDS--
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Standard Chartered – leading the way in Asia, Africa and the Middle East
Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100 by market capitalisation. The London-headquartered Group has operated for over 150 years in some of the world’s most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and profits have more than doubled over the last five years primarily as a result of organic growth and supplemented by acquisitions.
Standard Chartered aspires to be the best international bank for its customers across its markets. The Bank derives more than 90 per cent of its operating income and profits from Asia, Africa and the Middle East, generated from its Wholesale and Consumer Banking businesses. The Group has around 1,750 branches and outlets located in over 75 countries. The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities.
Leading by example to be the right partner for its stakeholders, the Group 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. It employs 75,000 people, nearly half of who are women. The Group’s employees are of 125 nationalities, of which 60 are represented among senior management.
For more information, please visit: www.standardchartered.com.