LONDON - Standard Chartered (OTC:SCBFF) PLC has announced the appointment of Maria Ramos as the successor to José Viñals as Group Chair, effective after the 2025 Annual General Meeting (AGM) on May 8, 2025. Viñals will retire from the Board as he completes his nine-year tenure.
Ramos, 65, joined the Board of Standard Chartered as an Independent (LON:IOG) Non-Executive Director in January 2021. She was later appointed Chair of the Board Risk Committee and Senior Independent Director in 2022. With a distinguished career spanning both the private sector and government, Ramos has served as CEO of Absa Group Limited for a decade and has held various leadership roles, including as director-general of South Africa's National Treasury.
Her appointment follows an extensive global search led by Phil Rivett, Chair of the Selection Panel, which considered a diverse pool of candidates. Ramos's deep understanding of the banking sector and her experience in emerging and developing markets were highlighted as key factors in her selection.
Ramos expressed gratitude for her appointment and commended Viñals for his leadership and contribution to the bank. She is set to retire from the board of Compagnie Financière Richemont (SIX:CFR) SA on March 31, 2025, and holds positions on several international advisory boards.
Bill Winters, CEO of Standard Chartered, welcomed Ramos, noting her strategic vision and deep industry experience. He anticipates her leadership will contribute to the company's growth and innovation.
Viñals expressed confidence in Ramos's ability to continue the bank's progress and is committed to a smooth transition.
The information in this article is based on a press release statement from Standard Chartered PLC.
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