She is the new president of Standard Chartered China!
2024-08-27
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On August 27, Standard Chartered Bank announced the appointment of Lu Jing as President, CEO and Vice Chairman of Standard Chartered Bank (China) Co., Ltd. (hereinafter referred to as "Standard Chartered China"), effective immediately. She will be responsible for managing Standard Chartered Bank's business in mainland China and report to Standard Chartered Bank's Chief Executive Officer for Hong Kong and Greater China and North Asia, Ms. Huen.
Zhang Xiaolei, former president, chief executive officer, vice chairman of Standard Chartered China and regional chief executive officer for China and Japan, has been appointed global co-president of Standard Chartered Bank's financial institutions business and will be based in Hong Kong.
Public information shows that Lu Jing has 30 years of industry experience and has held several senior management positions in well-known large Chinese and foreign banks. Since joining Standard Chartered in 2014, Lu Jing has served as Managing Director of Standard Chartered China's Corporate and Investment Banking Business and Deputy President of Standard Chartered China, playing a key role in promoting the continued steady growth of Standard Chartered China's Corporate and Investment Banking Business.
Philip Humpty, Chief Executive Officer of Standard Chartered Group International, said: "China is a strategically important market for Standard Chartered Bank and we are committed to supporting its long-term development. Over the past decade, our China business has achieved strong growth and financial performance, and Standard Chartered's position as a leading international bank has continued to strengthen. I would like to especially thank Zhang Xiaolei for her contribution and outstanding leadership in China over the past decade. Lu Jing has extensive management and business experience and has made significant achievements in developing and promoting corporate and investment banking businesses and creating value for clients through innovative financial services. She has a deep understanding of the opportunities brought by China's financial opening-up and new economy, as well as market dynamics and client needs. I look forward to Standard Chartered Bank's continued success in mainland China under Lu Jing's leadership."
Jing Lu, the new President, CEO and Vice Chairman of Standard Chartered China, said: "I am very honored to take on this new position and look forward to working closely with the management team and all my Chinese colleagues. China's continued opening-up and the long-term development prospects of the Chinese economy will continue to bring huge development opportunities to foreign financial institutions. By giving full play to Standard Chartered Bank's unique advantages as a super 'connector', we are committed to being customer-centric and continuing to provide high-quality and innovative financial products, services and solutions to customers in China, entering China and going from China to the world. We will also actively promote cooperation opportunities between China and other markets in the world, contribute to the high-quality development of the Chinese economy, and achieve high-quality development of Standard Chartered in China."
Standard Chartered Bank's latest financial report shows that in the first half of 2024, China's onshore revenue and offshore revenue excluding the impact of interest rate fluctuations both recorded double-digit growth, among which China-ASEAN and China-Middle East corridor business revenue also maintained double-digit growth. China continues to be the largest contributor to the group's network revenue.
Text｜Reporter Dai Manman Intern Zhang Yuyue
