StanChart CEO Addresses Succession Question
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Standard Chartered CEO Bill Winters confirmed he will oversee the execution of the bank's upcoming strategy amid succession questions. He plans to present the new strategy at the capital markets event in May and emphasized the board's desire for him to complete this strategy before any succession occurs. This follows the recent departure of CFO Diego De Giorgi, a potential successor, who left for a role at Apollo. In 2025, the bank reported a 16% increase in pre-tax profit, reaching nearly $7 billion, with a return on tangible equity of 14.7%.
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