Saturday, April 19, 2014   

StanChart finance chief exits in major reshuffle
(01-09 18:10)

Standard Chartered said today finance director Richard Meddings is leaving at the end of June.
The London-based group also said the wholesale and consumer banking operations are being combined into one business from April and will come under Mike Rees. He becomes deputy group chief executive of the bank.
In a restructuring, the bank announced that Steve Bertamini, head of consumer banking, is also leaving.
Group Chief Executive Peter Sands said, the “reconfiguration’’ is critical to “reinvigorate our growth momentum. ‘’—The Standard


   
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