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October 09, 2015 12:58 PM ET


Company Overview of Standard Chartered Bank Korea Limited

Company Overview

Standard Chartered Bank Korea Limited primarily engages in the corporate and retail banking, investment, and foreign exchange and trust businesses in South Korea. The company operates through Retail, Corporate and Institutional, Commercial, and Other segments. It offers deposit products, including demand and savings deposits, regular savings, time deposits, equity-linked deposits, and foreign currency deposits; loans; funds and trusts services; cards; insurance products; working capital management, business expansion, business protection, and yield enhancement solutions; and priority and private banking services. The company also provides online, mobile, and other banking services. As of Dec...

47 Chongro (Kongpyung-dong)



South Korea

Founded in 1929

Key Executives for Standard Chartered Bank Korea Limited

Chief Executive Officer and President
Group Chief Executive
Age: 53
Chief Information Officer and Executive Vice President
Chief of Corporate Network and Executive Vice President
Chief Consumer Risk Officer and Executive Vice President
Compensation as of Fiscal Year 2015.

Standard Chartered Bank Korea Limited Key Developments

Standard Chartered Bank Korea Ltd. and Standard Chartered Korea Ltd. Announce Executive Changes

Standard Chartered Bank Korea Ltd. announced that it appointed Park Jong-bok, head of retail clients and executive vice president, as CEO and president. Park will assume the role Jan. 8, 2015, and will also have the title of chairman and CEO of the bank's holding firm, Standard Chartered Korea Ltd. Park, who has worked in the banking since 1979. Former CEO Ajay Kanwal stepped down from his roles in October in a bid to head the U.K. banking group's northeast Asian regional headquarters.

Standard Chartered Bank Korea Announces Executive Changes

Ajay Chamanlal Kanwal, CEO and president of Standard Chartered Bank (Taiwan), will replace the Standard Chartered Bank Korea's current CEO and president, Richard Hill. The company recently applied for eligibility screening for Ajay Chamanlal Kanwal to appoint him CEO of the company. Richard Hill, CEO and president of Standard Chartered Bank Korea, will move to Standard Chartered's Indonesian subsidiary.

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