Directorate Change

Standard Chartered PLC
22 April 2008

Standard Chartered PLC
22 April 2008



                        Standard Chartered Board Changes

 Standard Chartered PLC to appoint Steve Bertamini as Group Executive Director


The Board of Directors of Standard Chartered PLC ('Standard Chartered', the 
'Company' or the 'Group') announces the appointment of Stefano Paolo Bertamini 
('Steve'), age 43, as Group Executive Director with effect from 1 June 2008, and
that Michael Bernard DeNoma ('Mike'), Group Executive Director since 2000, is
stepping down to pursue other career opportunities.


Mr DeNoma, 52, will step down from the Board from 1 June 2008. He steps down
after a long and distinguished career with Standard Chartered having joined the
Company in 1999 as Group Head of Consumer Banking. He became a Director in May
2000 and is also responsible for the Group Strategy function.


Mr Bertamini, 43, has been appointed as Chief Executive Officer, Consumer
Banking with effect from 19 May 2008. He will report directly to Peter Sands,
Group Chief Executive, and will be based in Singapore. Steve will be appointed
as Group Executive Director and will join the Board with effect from 1 June
2008.  This appointment is subject to regulatory approval.


Steve joins Standard Chartered from GE where he spent 22 years, most recently as
Chairman and CEO of GE North East Asia, with responsibility for Greater China,
Korea, and Mongolia. He was also responsible for GE's acquisition and merger
business in the Asia-Pacific region from 2004 and President of GE Capital Asia
since January 2001. Prior to that, Steve was Chief Executive Officer of GE
Australia and New Zealand. He led the establishment of GE's Consumer Finance
business in Asia in 1993 and was its Managing Director from 1994 to 1998.


Additionally, Group Strategy will report directly to Peter Sands with immediate
effect.


As is its usual practice, Standard Chartered will give a trading update at its
Annual General Meeting on 7 May 2008.


Mervyn Davies, Chairman of Standard Chartered PLC, said 'Mike has been a highly
valued member of the Board for the past eight years during which time the Bank
has grown significantly. Mike has done an exceptional job. He has been a
pleasure to work with both during my time as Chairman and previously as CEO. We
wish him every success in the future.


'I am very pleased that Steve will be joining the Board as Group Executive
Director of Standard Chartered PLC. He brings a wealth of experience from and
strategic insight into the markets in Asia, and will be a great addition to the
Board.'


Peter Sands, Group Chief Executive of Standard Chartered PLC, said 'Under Mike's
leadership our Consumer Banking business has been transformed, delivering
significant shareholder value from the growth of Wealth Management and SME,
whilst building our franchise in markets such as Korea, China, Pakistan and
Taiwan.


'I would like to also thank Mike for his contribution to the success of the
Group over the recent years. He has been a true champion of the Standard
Chartered brand and values as well as our ambassador for the Greatest Race on
Earth marathon series.  I wish him well for the future.


'I am delighted to welcome Steve to the Bank. Steve has outstanding leadership
capability and a proven track record in building successful retail businesses
and franchises in our key markets. I am confident that under his leadership, we
will achieve our aspirations for the Consumer Banking business.'


Mike DeNoma, Group Executive Director, said, 'The Consumer Banking business has
transformed - it's a great business with a great team.  Now is the right time
for me to end this chapter in my career and to move on to new adventures closing
what has been a wonderful near-decade with the Bank.'


--- ENDS ---

For further information please contact:


Steve Atkinson            Head of Investor Relations       [phone]


Arijit De                 Head of Media Relations          [phone]


Notes to editors


Mike DeNoma joined Standard Chartered in July 1999 and was appointed to the
Board of Standard Chartered PLC, as a Group Executive Director, in May 2000.
Mike is responsible for the Group's Consumer Banking business worldwide and
leads the Group's Strategy function. He is based in Singapore.


Prior to joining Standard Chartered, Mike was the founder and CEO of Asia Foods
Limited (in the People's Republic of China), the Chief Operating/Marketing
Officer at Hutchinson Whampoa and Citibank's Senior Vice President for Marketing
for Asia. Before joining Citibank in 1990, he held senior positions at PepsiCo
Inc. Mike started his career at Procter & Gamble.


Mike will step down from the Board of Standard Chartered PLC from 1 June 2008.
He will also step down as a Director of Standard Chartered Bank (Hong Kong)
Limited.


Mike is a Director of the Board of Trustees for Singapore Management University,
a Director for the International Center for Missing & Exploited Children and a
Director of the Singapore Sports Council.


An American citizen, Mike has a BA from Ohio University and MBA from Wharton
Business School. He is married with six children.


Steve Bertamini has been Chairman and CEO of GE North East Asia and Vice
President of General Electric Co. since October 2005. Prior to that, Steve was
Chief Executive Officer of GE Australia and New Zealand and President of GE
Capital Asia since January 2001. He was responsible for GE acquisition and
merger business in the Asia-Pacific region from 2004. Steve served as Director
of United Group Ltd from 5 April 2001 to 8 April 2002.


Steve joined GE Capital Services' Management Development Programme in 1986 in
Dallas, Texas and subsequently held a variety of positions in GE Capital's
businesses. In 1993 he moved to Hong Kong to establish GE Consumer Finance
business in Asia and was appointed Managing Director of GE Consumer Finance Asia
in 1994. In October 1998 he was appointed COO for GE Australia & New Zealand. In
November 1999 he was named Group CEO for GE Consumer Finance & Insurance,
Australia & New Zealand.


Steve was also the chairman of GE's volunteer activities in North East Asia,
Vice Chairman of the China Conference Board and a member of the Junior
Achievement Board in China.


Steve was born in Munich, Germany and grew up in Europe, North Africa and North
and South America. He graduated from University of Texas in Austin with a
Bachelor's degree of Business in Finance and Management in 1985 and earned his
MBA at the University of North Texas in 1991.


Steve enjoys weightlifting, golf, tennis and skiing. He and his wife Brigett
have a daughter and two sons.


Standard Chartered - leading the way in Asia, Africa and the Middle East


Standard Chartered PLC, listed on both the London Stock Exchange and the Hong
Kong Stock Exchange, ranks among the top 25 companies in the FTSE-100 by market
capitalisation. The London-headquartered group has operated for over 150 years
in some of the world's most dynamic markets, leading the way in Asia, Africa and
the Middle East.  Its income and the number of employees have more than doubled
over the last five years primarily as a result of organic growth and
supplemented by acquisitions.


Standard Chartered aspires to be the best international bank in its markets
through leading by example to be the right partner for its stakeholders. The
group now employs 73,000 people, representing 115 nationalities, in more than
1,700 branches and outlets located in over 70 countries.  The bank derives more
than 90 per cent of its operating income and profits from Asia, Africa and the
Middle East, with balanced income derived from both Wholesale and Consumer
Banking.


The group is committed to building a sustainable business over the long term and
is trusted worldwide for upholding high standards of corporate governance,
social responsibility, environmental protection and employee diversity.


For more information, please visit: www.standardchartered.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange