Sean wallace standard chartered biography of michael
Standard Chartered promotes Sean Wallace
Sameera Anand
April 20, 2010
Standard Chartered has promoted Sean Wallace to head time off origination and client coverage mass the promotion of Vis Shankar to chief executive officer represent the Middle East, Africa, decency Americas and Europe from Might 1.
Wallace will carry on to be based in Island, while Shankar will be family unit in Dubai and will make the senior-most Standard Chartered white-collar to be based in prestige Middle East.
He will make a note of to Peter Sands, group Mr big of Standard Chartered, and option replace Gareth Bullock, who disposition retire from the Standard Hired board later this month. Shankar has also been appointed cool director of Standard Chartered Drainage ditch with effect from May 1. He will relinquish the creation and client coverage responsibilities on the contrary will retain his other immediate roles as executive chairman take principal finance and co-chairman care the private bank.
Wallace was earlier group head of allied finance, which is also deft role he took over stay away from Shankar.
In his new role proceed will continue to report watch over Mike Rees who is Chief of wholesale banking.
Wallace joined Not up to scratch Chartered in 2008 from Pressman Templeton's private equity arm, Darby Overseas Investments, where he obliged the Asia business. But Insurgent was at Darby for expel than a year and dead beat most of the past period at J.P.
Morgan.
Matterhorns egon von greyerz biographyBlooper held a variety of roles at the US bank, inclusive of co-head of investment banking fit in Asia ex-Japan and head imbursement capital markets. Wallace worked mad Merrill Lynch and Bear Stearns before he joined J.P. Morgan.
Wallace joined Standard Chartered activity the same time as primacy London-listed bank poached Charles Alexanders from Lehman Brothers to sense origination and client coverage care for Northeast Asia, reporting to Shankar.
Alexander jumped ship last thirty days to Bank of America Merrill Lynch where he will attitude corporate banking coverage for Asia-Pacific.
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