Standard Chartered has appointed Diana Layfield as Regional Chief Executive Officer, Africa, with effect from 22 June 2011. Layfield succeeds Mike Hart, who becomes Vice Chairman for the Bank’s operations in Africa.
Layfield will be responsible for driving the Bank’s business and brand across Africa. Currently Group Head of Strategy and Corporate Development, Layfield has previously held senior management roles in the Bank as Chief Operating Officer for Wholesale Banking and as Group Head, Global Corporates.
Hart has led Standard Chartered’s franchise in Africa since 2006, delivering record results while growing the business, and has also been an active proponent of the Bank’s community programmes across Africa. Hart has held numerous senior positions in the Bank, including Group Head of Audit and Group Head of Operations. He will continue to work very closely with the Bank’s franchise in Africa in his new non-executive role.
V. Shankar, CEO, Europe, Middle East, Africa and Americas, said: “Diana and Mike’s appointments will ensure Standard Chartered continues to be Africa’s leading international bank, strengthening still further our 150 year old commitment to the continent. This is a hugely exciting time for our fast growing business in Africa. Diana and Mike will ensure we are well placed to take advantage of the many opportunities we see, including from deepening economic and trade relationships with Asia.”