Directorate Change
Summary by AI BETAClose X
10 June 2026
STANDARD CHARTERED PLC
ANNOUNCES A CHANGE TO ITS BOARD
Standard Chartered PLC (the "Company") today announces the appointment of Mr Tanate Phutrakul (aged 61) as an independent non-executive director of the Company with effect from 1 July 2026. Tanate will join the Audit and Board Risk Committees from the same date.
Tanate is a highly experienced international banker and former Group Chief Financial Officer and member of the Executive Board of ING Group, a company listed on Euronext Amsterdam and the New York Stock Exchange. He brings deep expertise in financial strategy, capital management, operating within complex regulatory environments and managing large-scale banking transformation programmes. Tanate has a good understanding of, and affiliation to, the Group's footprint particularly those markets within Asia.
Tanate joined ING in 1998 as Managing Director of ING Barings Securities Thailand. From 2003 until 2008 he served in successive roles as Head of Wholesale Banking and Chief Financial Officer of TMB Bank in Thailand. He returned to ING in 2008 and went on to serve as Chief Financial Officer of ING's Operations and IT division, ING Retail Banking International and ING Belgium, before being appointed as the Group Chief Financial Officer of ING Group and member of their Executive Board in 2019, a role he held for seven years before retiring from ING Group in April 2026 after 24 years.
Maria Ramos, Group Chair said:
"I am delighted to welcome Tanate to the Board of Standard Chartered. His extensive international banking experience, together with his strong financial expertise, will bring further valuable insight and perspective to the Board discussion."
Tanate Phutrakul said:
"I am pleased to be joining the Board of Standard Chartered, which is a highly regarded international bank with a distinctive footprint across key growth markets, and I look forward to contributing my experience to support the Group's continued growth and development."
ENDS
For further information, please contact:
Nick Probert
Group Media & Financial Communications
+44 (0)7856579033
Additional Information:
Remuneration statement in relation to Tanate Phutrakul
The independent non-executive directors do not participate in any of the Company's incentive arrangements. As an independent non-executive director, Tanate Phutrakul will have a contract for services with the Company. Tanate Phutrakul will receive a fee of GBP123,000 per annum for his services as an independent non-executive director, with additional fees of GBP43,000 per annum as a member of the Audit Committee and GBP43,000 per annum as a member of the Board Risk Committee, pursuant to the Directors' remuneration policy. This is disclosed in accordance with the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the "Hong Kong Listing Rules").
Additional information - Tanate Phutrakul
Tanate Phutrakul has no relationship with any other Director, member of senior management or substantial or controlling shareholder of Standard Chartered PLC.
Tanate Phutrakul currently holds 3,000 shares in the Company. Tanate Phutrakul's appointment as a Director of the Company is subject to election by shareholders at the 2027 AGM and annual re-election thereafter.
Save as disclosed above, there is no other information to be disclosed under the requirements of UK Listing Rule 6.4.8 (1-6) and Rule 13.51(2) of the Hong Kong Listing Rules in relation to Tanate Phutrakul's appointment.
Tanate Phutrakul has confirmed:
· his independence as regards each of the factors referred to in Rule 3.13(1) to (8) of the Hong Kong Listing Rules;
· that he does not have any past or present financial or other interest in the business of the Company or its subsidiaries or any connection with any core connected person of the Company; and
· that there are no other factors that may affect his independence at the time of his appointment.
Standard Chartered
We are a leading international banking group, with a presence in 54 of the world's most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.
For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 4 minutes ago Breedon Group
- 32 minutes ago HGCapital Trust
- 1 hour ago London Stock Exchange Group
- 1 hour ago Tatton Asset Management
- 2 hours ago Zotefoams