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1. John Peace 2. Peter Sands 3. Rudy Markham Chairman Group Chief Executive Senior Independent John Peace joined the Board as Deputy Peter was appointed Group Chief Executive Non-Executive Director Chairman in August 2007. He was appointed on 20 November 2006. He joined the Board Rudy was appointed to the Board on Acting Chairman on 14 January 2009, and on 14 May 2002 as Finance Director, with 19 February 2001. He is a non-executive Chairman on 2 July 2009. John is chairman responsibility for finance, risk, strategy director of Legal & General Group Plc, of plc and Group plc. He and technology and operations. He joined AstraZeneca PLC and United Parcel Service, is also a member of the board of governors from consultancy Inc., a member of the board of the Financial of Nottingham Trent University, deputy McKinsey & Company, where he was Reporting Council and a member of the lieutenant for the County of Nottinghamshire a director working in the banking and Supervisory Board of CSM.nv. He is also and a fellow of the Royal Society of Arts. technology sectors in a wide range non-executive chairman of Moorfields Eye Between 2000 and 2006, he was chief of international markets. Age 49. Hospital and non-executive director of the executive of GUS plc, having joined the board Operational Board of the Foreign and in 1997. With a strong financial services, Commonwealth Office. He served as chief retailing background and chairmanship financial officer at from 2000 to 2007, experience, John brings extensive having joined the board in 1998 as strategy international experience and exemplary and technology director. Rudy has governance credentials. He has a thorough considerable knowledge of the markets in working knowledge of Asia. Age 62. which we operate and, through his time at Unilever, broad experience in one of the world’s most successful international corporations, gaining multinational financial experience. Whilst serving on the Board he has demonstrated a detailed understanding of financial, risk and governance issues. Rudy has demonstrated excellent stewardship as Chairman of the Audit Committee, and as a result of his length of service and commitment, he provides an in-depth knowledge of the Group that is invaluable to the Board, the Audit Committee, the Board Risk Committee and the Nomination Committee. Age 65.

84 Standard Chartered Annual Report 2010 www.standardchartered.com Corporate governance

Board of directors

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4. Richard Meddings 5. Steve Bertamini 7. Richard Delbridge Group Finance Director Group Executive Director Non-Executive Director Richard was appointed Group Finance Steve was appointed Group Executive Richard joined the Board on Director on 20 November 2006, and is Director and Chief Executive, Consumer 1 January 2010. He is a non-executive responsible for finance, corporate treasury, Banking on 1 June 2008. He previously director of University College London group strategy, corporate development spent 22 years with GE, most recently as Hospitals Foundation Trust. In 1976, and risk. Richard joined the Board on chairman and chief executive of GE North he joined JPMorgan and was group 16 November 2002 as Group Executive East Asia. He was appointed president of comptroller and later managing director Director with responsibility for risk and GE Capital Asia in January 2001, and of the London offices. In 1989, he was Group Special Assets Management. In assumed responsibility for the appointed director, group finance, February 2004 he assumed responsibility conglomerate’s merger and acquisition at Midland Bank plc, later becoming for legal and compliance, and from business in the Asia-Pacific region from group finance director, HSBC Holdings March 2005, added responsibility for 2004. Age 46. plc. In 1996, Richard was appointed growth and governance across Africa, the director and group chief financial officer Middle East, Pakistan, the UK, Europe and 6. Jaspal Bindra of National Westminster Bank Plc, a the Americas. He joined Standard Group Executive Director position he held until April 2000. Richard’s Chartered from PLC, where he Jaspal was appointed as Group Executive previous non-executive directorships served as chief operating officer Barclays Director from 1 January 2010, keeping his include Tate & Lyle PLC, JPMorgan Private Clients, and prior to that as group responsibilities for growth and governance Cazenove, Fortis NV, Fortis SA/NV, financial controller. He was group finance in Asia. Jaspal joined the Bank in 1998 and Balfour Beatty plc, Gallaher Group Plc, director of Woolwich plc. He is a is a director of Standard Chartered Bank. Innogy plc and Egg plc. He was a council non-executive director of Group plc and He has a wide range of international member and treasurer of the Open is a member of the Governing Council of experience, including Global Head of Client University for eight years until 2009. the International Chamber of Commerce Relationships where he played a key role in Richard brings with him banking and UK. Age 53. the introduction of the client-focused financial accounting knowledge. Age 68. strategy that has served Wholesale Banking so well. As Chief Executive Officer in India, he oversaw the successful acquisition and integration of Grindlays Bank and set India on its path to become the largest profit contributor in the Group today. Age 50.

www.standardchartered.com Standard Chartered Annual Report 2010 85 Board of directors

8. Jamie Dundas 11. Simon Lowth 15. Paul Skinner Non-Executive Director Non-Executive Director Non-Executive Director Jamie was appointed to the Board on Simon was appointed to the Board on Paul was appointed to the Board on 15 March 2004. He is chairman of Jupiter 1 May 2010. He is an executive director 3 November 2003. He is chairman of the Fund Management plc and deputy and chief financial officer of AstraZeneca advisory board of Infrastructure UK, a president and former chairman of PLC. Previously, he was financial director division of HM Treasury, mandated to bring Macmillan Cancer Support. Over his career, of Scottish Power plc and has 15 years’ a strategic focus to infrastructure Jamie has been a non-executive director of experience at McKinsey & Company, development as a driver of economic J Sainsbury plc and Drax Group plc, chief latterly as a senior director. Simon brings growth in the UK. He is also a non-executive executive of UK-based property company to the Board significant financial and risk director of L’Air Liquide SA and the Tetra MEPC, finance director of the Airport management experience gained from Laval Group and of the public interest body Authority Hong Kong and a director of his time with AstraZeneca PLC and of PricewaterhouseCoopers. He was Morgan Grenfell & Co Limited. Jamie brings Scottish Power plc. Age 49. formerly group managing director of Royal to the Board significant high level Dutch Shell and chief executive officer of its experience in Hong Kong and a strong 12. Ruth Markland global oil products business. Following his background in banking, including a deep Non-Executive Director retirement from Shell in 2003 he was understanding of the wholesale banking Ruth was appointed to the Board on chairman of from 2003 to 2009. marketplace. Age 60. 3 November 2003. She is chairman of He has also recently served as chair of the the board of trustees of charity WRVS Commonwealth Business Council, as a 9. Dr Han Seung-soo, KBE and a non-executive director of The Sage member of the Defence Board of the Non-Executive Director Group plc and a member of the supervisory Ministry of Defence and as a board member Dr Han is a former prime minister of the board of Arcadis NV. She was a partner at of the INSEAD business school. Paul has Republic of Korea and joined the Board international law firm Freshfields Bruckhaus extensive experience of customer-facing on 1 January 2010. He has a distinguished Deringer, managing their Asian offices. global businesses across our geographical political, diplomatic and administrative Having lived in Singapore and Hong Kong footprint and of managing a large global career serving as deputy prime minister for a total of 16 years, Ruth has significant commodities trading business. Age 66. and minister of finance, foreign affairs, and expertise in Asia and a deep understanding industry and trade before serving as prime of the regulatory environment. Age 58. 16. Oliver Stocken minister in 2008 and 2009. He also served Non-Executive Director as Korean ambassador to the US, chief 13. John Paynter Oliver was appointed to the Board on of staff to the president, president of Non-Executive Director 1 June 2004. He is chairman of Home the 56th Session of the United Nations John was appointed to the Board on Retail Group plc, Oval Limited and General Assembly, special envoy of the 1 October 2008. He is a non-executive Stanhope Group Holdings Limited. He is UN Secretary-General on Climate Change director of Jardine Lloyd Thompson also chairman of the MCC and chairman of and chairman of the 2009 OECD Ministerial Group plc, a non-executive director of the trustees of the Natural History Museum. Council Meeting in Paris. He is currently Standard Life Investments Limited and Previously he was deputy chairman of chairman of the Global Green Growth Standard Life Holdings Limited and is a 3i Group plc and finance director of Institute as well as a member of the UNSG’s senior advisor to Greenhill and Co. Barclays PLC. Oliver’s financial, banking High-Level Panel on Global Sustainability. International LLP. He was previously vice and international experience makes him a Dr Han brings with him valuable knowledge chairman of JPMorgan Cazenove. He valuable contributor to the Board. Age 69. of Asia and economics. Age 74. joined Cazenove in 1979, where he worked for 29 years. He was appointed partner in 17. Annemarie Durbin 10. Val Gooding, CBE 1986 and later headed corporate finance, Group Company Secretary Non-Executive Director its largest business. John brings a wealth Val was appointed to the Board on of experience in the fields of corporate 1 January 2005. She is a non-executive broking, financial advisory and institutional director of J Sainsbury plc, the Lawn Tennis investor knowledge. He has a deep Association and the BBC. She is a member understanding of financial markets and of the advisory board of the Warwick the corporate sector. Age 56. Business School, a trustee of the British Museum, lead non-executive director of the 14. Mike Rees departmental board at the Home Office and Group Executive Director a member of the advisory committee of Mike was appointed to the Board on Virgin Group. Between 1998 and 2008, 4 August 2009. He joined Standard Val was chief executive officer of healthcare Chartered in 1990 as chief financial officer organisation BUPA, which she joined from for treasury, and was appointed regional British Airways where she held several treasurer in Singapore, responsible for executive positions. One of Britain’s most our South East Asia treasury businesses, internationally recognised businesswomen, in October 1994. He was appointed Head Val has a high level of knowledge of of Global Markets in late 2000, and two financial services and regulation, marketing years later was appointed Chief Executive, and customer service as well as people Wholesale Banking, with responsibility for management and corporate strategy. all wholesale banking products in addition Age 60. to his responsibilities for global markets products. Age 55.

86 Standard Chartered Annual Report 2010 www.standardchartered.com