Standard Chartered appoints Head of Consumer Bank Treasury

Bank continues to expand its retail banking platform with a dedicated Treasury service

31 January, Qatar - Standard Chartered hosted an exclusive event for their Priority and Medium Enterprise customers at the West Bay Branch on the evening of 27th January.

The Head of Standard Chartered's Consumer Bank, Dermot Fitzgerald took the opportunity to announce the launch of a dedicated Treasury desk for Retail customers and the appointment of Matthijs Westra, who is heading this service.

Matthijs Westra joins the Qatar franchise from Standard Chartered Bank in Bahrain where he managed the Bank's Treasury Sales for Northern Gulf Levant & Oman. Prior to this role, Matthijs was with ABN AMRO's Private Bank in Dubai in the role of Treasury & Structured Products Specialist. He holds a Bachelor's degree in Economics from Hogeschool Windesheim in the Netherlands.

Products offered by the Consumer Bank Treasury include Market Research, competitive interest rates and pricing on day to day transactions, Multi Currency accounts; customized and tailor made Investment solutions and special pricing on remittances locally and abroad.

Dermot Fitzgerald, Head of the Consumer Bank in Qatar said, "Matthijs' appointment is a reflection of Standard Chartered Bank's strategy for the retail business across the Group that focuses on offering tailored solutions for our discerning customers through our highly skilled people".

Matthijs commented, "Standard Chartered Bank is well positioned to continue the growth in Qatar. With our structuring capabilities and global footprint, we continue to play an important role in this growth story. The launching of the Treasury Desk is an integral element of this process; that will provide exceptional products, services and solutions to our valued customers."

For further information please contact:

Haya Mashhood
Head, Corporate Affairs
Standard Chartered Bank
Qatar
Tel: +974 4248450
Fax: +974 4248111
Mobile: +974 5847178
Email: Haya.Mashhood@sc.com

Notes to Editors

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

Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, 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 profits 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 for its customers across its markets. The Bank derives more than 90 per cent of its operating income and profits from Asia, Africa and the Middle East, generated from its Wholesale and Consumer Banking businesses. The Group has around 1,750 branches and outlets located in over 70 countries. The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities.

Leading by example to be the right partner for its stakeholders, 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. It employs 75,000 people, nearly half of who are women. The Group's employees are of 115 nationalities, of which 60 are represented among senior management.

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