britains standard chartered bank ceo to step down
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Britain's Standard Chartered bank: CEO to step down

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Arab Today, arab today Britain's Standard Chartered bank: CEO to step down

Asia-focused British bank Standard Chartered's chief executive will step down in June
London - AFP

Asia-focused British bank Standard Chartered's chief executive will step down in June, the company said on Thursday, following poor results, job cuts and fines for failing to detect possible money-laundering.
"Peter Sands will stand down from the Board and as Group Chief Executive in June 2015," the bank said in a statement, adding that he would be replaced by former JP Morgan co-CEO Bill Winters.

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