Standard Chartered PLC (the “Company”) announces the appointment of Maria Ramos (aged 61) as an independent non-executive director to its Board of Directors with effect from 1 January 2021. Maria will join the Company’s Audit and Board Risk Committees and will also become an independent non-executive director of Standard Chartered Bank on appointment.
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Maria brings a wealth of CEO, banking, commercial, financial and international experience to the Board. Based in South Africa, she served as chief executive officer of ABSA Group Limited (previously Barclays Africa Group), a diversified financial services group serving 12 African markets from 2009 to 2019. Before joining ABSA, Maria was the group chief executive of Transnet Ltd, the state-owned freight transport and logistics service provider for five years. Prior to her CEO career, Maria served for seven years as director-general of South Africa’s National Treasury (formerly the Department of Finance) where she played a key role in transforming the National Treasury into one of the most effective and efficient state departments in the post-apartheid administration.
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Maria also brings considerable non-executive experience, having served on international boards, including Sanlam Ltd, Remgro Ltd, and SABMiller plc. She currently serves as a non-executive director on the Board of Richemont SA and AngloGold Ashanti Limited, as well as Saudi British Bank and Public Investment Corporation Limited. She is also a member of the Group of Thirty and an accomplished academic, having taught at various universities and institutions.
The Company also announces that David Tang (aged 65), independent non-executive director who was appointed in June 2019, and is a member of the Brand, Values and Conduct Committee is to be appointed to the Board Risk Committee from 1 October 2020. David has a deep understanding and substantial experience in a number of our key markets, most notably Greater China, and will make a valuable contribution to the Committee’s discussions, especially in relation to emerging technologies, digital and associated risks.
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