StanChart CEO Addresses Succession Question
Standard Chartered CEO Bill Winters said he will see through the execution of the bank’s upcoming strategy, amid questions about his succession.
Standard Chartered CEO Bill Winters addressed questions about his succession, noting that he will present the British lender’s next strategy at its capital markets event in May and stay to execute the plan.
«The board has also been clear they would like me to see through this strategy in terms of my own succession,» Winters said during a presentation of the bank’s annual results, without providing additional details.
Earlier this month, Diego De Giorgi, Standard Chartered’s chief financial officer who was widely viewed as the top candidate to replace Winters, abruptly left the bank to join New York-based alternatives manager Apollo as a partner and head of EMEA.
In 2025, Standard Chartered’s pre-tax profit rose 16 percent year-on-year to nearly $7 billion with a return on tangible equity of 14.7 percent, reaching its 13 percent target a year ahead of its three-year plan.
