Standard Chartered's Investment Banking Chief, Simon Cooper, to Depart

Standard Chartered's investment banking head, Simon Cooper, to leave as Roberto Hoornweg and Sunil Kaushal take over. Judy Hsu and Ben Hung assume new roles.

Mar 12, 2024 - 07:36
Mar 12, 2024 - 07:37
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Standard Chartered's Investment Banking Chief, Simon Cooper, to Depart
Standard Chartered's Investment Banking Chief, Simon Cooper, to Depart

Standard Chartered announced on Tuesday that Simon Cooper, the head of investment banking, will be leaving his position. This change comes as Roberto Hoornweg and Sunil Kaushal are appointed as co-heads of corporate and investment banking.

Additionally, Judy Hsu, currently serving as CEO of the consumer business, will take on the added responsibility of overseeing the Greater China and North Asia markets. Meanwhile, Ben Hung, the current CEO of the bank's Asia business, will transition to the new role of President, International.

Standard Chartered's CEO, Bill Winters, emphasized that these changes aim to strengthen the team and focus on driving transformation efforts for increased growth and returns across all business lines.

Cooper, who was once viewed as a potential successor to Winters, will be departing from the bank.

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