Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

StanChart CFO Halford to retire, hires former BofA senior banker

by Uma
0 comment

StanChart CFO Halford to retire, hires former BofA senior banker

(Reuters) -Standard Chartered said on Thursday Andy Halford has decided to retire as chief financial officer, with former Bank of America senior banker Diego De Giorgi set to replace him.

De Giorgi, who was most recently co-chief executive of special purpose acquisition company Pegasus Europe, will join the company on Sept. 1, the bank said in a statement.

Halford is one of British banking’s longest-serving executives, having held the role of CFO since July 2014, helping steer the Africa and Asia-focused bank through a period of extensive restructuring.

De Giorgi will initially join as CFO designate, before taking on the role formally and joining the bank’s board in the first quarter of 2024. He will report to StanChart’s long-standing CEO Bill Winters and will be based in London.

De Giorgi previously held senior roles at Bank of America Merrill Lynch, including head of global investment banking and is a former Goldman Sachs banker. He has also served as a non-executive director at Italy’s UniCredit.

(Reporting by Radhika Anilkumar in Bengaluru and Iain Withers in London; Editing by Dhanya Ann Thoppil and Sharon Singleton)