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Standard Chartered (2888) named Maria Ramos to succeed Jose Vinals as chair.
Ramos joined the board as an independent non-executive director in January 2021, and previously ran Africa-focused lender Absa Group. She was picked as chair after an “extensive global search,” Standard Chartered said in a statement Tuesday.
Vinals has been in the role for almost nine years, approaching the maximum recommended term under UK corporate governance rules. Ramos will replace him at the bank’s annual meeting on May 8, subject to regulatory approval.
“Maria is a proven leader with deep industry experience and strategic vision,” said chief executive Bill Winters. “I very much look forward to working with her as we deliver the next phase of our growth.”
BLOOMBERG
