Standard Chartered announces Moatlhodi Lekaukau as new Chief Executive Officer for Botswana

Johannesburg, 4 November 2011

Diana Layfield, Regional Chief Executive Officer for Africa, said:

"We are pleased to announce the appointment of Moatlhodi as CEO for Botswana. His extensive experience will help Standard Chartered further deepen relationships with our customers and clients. With over 114 years' experience in Botswana, we are already well positioned but Moatlhodi is an outstanding choice to take our business to new heights".

Moatlhodi, Chief Executive Officer-designate for Botswana, commented:

"It is a privilege to join Standard Chartered as CEO for Botswana. I am excited about the opportunities to develop our business in Botswana and to serve our customers, clients, staff, regulators and the community".

Moatlhodi is a qualified Chartered Accountant and is currently a Partner at Deloitte & Touche Corporate Finance, South Africa, where he is Head of Mergers & Acquisitions. Moatlhodi will join Standard Chartered in February 2012.

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Note to editors:

Moatlhodi Lekaukau

Moatlhodi was appointed Head of Mergers & Acquisitions at Deloitte & Touche Corporate Finance in October 2010, advising major corporate clients on restructuring, project management, capital raisings, deal initiations and transaction negotiations. He has held a wide range of posts since joining Deloitte & Touche in January 2000, in both the South African and USA practices. Moatlhodi was educated in Botswana, Zimbabwe and the University of Cape Town, South Africa and is a member of the South African Institute Of Chartered Accountants.

About Standard Chartered - leading the way in Asia, Africa and the Middle East

Standard Chartered is a leading international banking group. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 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. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges as well as the Bombay and National Stock Exchanges in India.

With 1,700 offices in 70 markets, the Group offers exciting and challenging international career opportunities for around 85,000 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. Standard Chartered's heritage and values are expressed in its brand promise, 'Here for good'.

For more information on Standard Chartered, please visit www.sc.com.

Lauren Callie
Head Business Communications, Africa
Mobile: + 27 82 894 5581

Ithabeleng Letsunyane
Head of Corporate Affairs, Botswana
Tel: + 267 3601685

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