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At Standard Chartered, each country is managed
by a Country CEO, who directs the country’s operations through management teams of business units and support functions.
Consumer and Wholesale Banking Heads have a strong reporting line within country as well as business.
Regional structures provide direction and control to a number of countries and seek synergies and opportunities across the region.
Product and support functions operate within the
regional structures to support the regional and country managers, drive consistency across countries and provide linkages to other parts of the organisation. Standard Chartered operates in a number of geographies through subsidiaries.
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| South Asia |
In India, Standard Chartered operates in over 30
cities and ranks top in the country’s corporate mergers and acquisitions. We are swift in designing new services which cater for new
wealth, and we completed a new consumer finance platform in only 72 days.
In the region, we work with the United Nations to find new ways of providing microcredit to promote financial inclusion and reduce poverty.
The biggest challenge we face in South Asia is demographic. In India, within six years, the average age will be 25. This new generation presents business opportunities for an organisation like ours that is rooted in India's history. To help realise our ambitions and deepen relationships with a growing customer base, we are creating new products and services to cater for its future. Our people are working hard to tackle the challenges of transparency, governance, the environment and health.
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| Asia Pacific |
Standard Chartered has been in China for over
150 years and is the first foreign bank in China. In
2007 we grew our workforce in China by 40%. We
are the sole international investor in the China
Bohai Bank, the first Chinese bank to be given a
national licence. We are continuing to invest
heavily in the exciting Pearl River Delta, China’s
most dynamic economic region.
In Singapore we are among the first four foreign
banks awarded a Qualifying Full Bank (QFB)
licence in 1999, a strong endorsement of the
Bank’s long-term commitment and the important
role it has played in the country’s economic
development.
In Hong Kong, we are delivering record profits.
Malaysia is home to our Global Shared Service
Centre and in Korea (the region’s third largest
market) we have the largest dealing room.
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| MEPA |
Standard Chartered is the first bank to open in
Jordan and the only foreign bank active in
Afghanistan. We have been in Pakistan for 140
years and are helping to modernise the country’s banking sector. In 2005 we underscored our
commitment to Pakistan with a US$1million gift to
its people for earthquake relief.
We are active in grassroots charity and projects
that support economic sustainability. Our ‘Cricket
with a Cause’ attracted pledges for every run
scored by the Bank’s team and we sponsored the
Dubai Marathon.
In response to cultural demands, we continue to
research and develop our Islamic banking
products and services which conform to Shariah
law. With predicted growth rates of 15% per year,
Islamic banking is set to become a major part of
the Bank’s business in the years ahead.
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| Africa |
Standard Chartered has been in Africa since 1863.
It is an important market in our history and it
promises great things for our future. Today our
award-winning workforce covers the continent in
13 countries, including Kenya, Ghana, Zambia,
Zimbabwe, Nigeria and South Africa.
Our social and environmental projects underscore
the Bank's commitment to Africa. We play a
leading role in the Commission for Africa, working
with the UK government to strengthen small and
medium sized companies. We work with Business
Action in Africa, an international coalition of
businesses, to fight poverty. Our ‘Seeing is
Believing’ campaign has funded over 5,000
operations across the region.
Africa is witnessing a boom in its trade relations
with Asia and our Wholesale Banking expertise is
at the heart of these rapidly developing relations.
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| UK and Europe |
Standard Chartered has been in London since 1853. Today over 1,500 of our people are based in London, including our Chairman and CEO.
From London we support our core markets in Asia, Africa and the Middle East and provide Wholesale
Banking services to multinational companies and other financial institutions based in the UK and continental Europe. Our UK presence is a hub for the Bank’s global account management of European business.
In 2004, the UK’s Financial Services Authority introduced a ground-breaking initiative to ensure
that banks treated their customers fairly. We have applied its principles globally and practised them
in both Consumer and Wholesale Banking.
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| Americas |
Standard Chartered has been a dynamic player in the US financial markets for over 100 years. In North America, our core business is providing multinational companies with specialised financial products and insights into global markets. In New York, our dollar clearing service (for corporate clients operating in our core markets) clears almost US$100 billion every day.
In Latin America, we provide cross-border services to local clients, mainly financial
institutions and commodity corporations.
Emerging countries such as Brazil have offered the Bank business opportunities as they look for
ways to develop business with our traditional markets in Asia.
Today over 1,800 employees in a variety of specialised roles are active in New York,
California, Argentina, Brazil, Colombia, Mexico, Peru and Venezuela.
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| Diversity for Employees |
| Create a larger talent pool for recruitment, enabling us to attract, develop and retain the best talent. |
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| Diversity for Communities |
| Enhance our brand by better understanding & respecting the markets & communities in which we operate |
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| Diversity for Customers |
| Support the development of cutting edge products and services for customers |
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