Standard Chartered Bank adjusts some key roles in the technology and operations departments, with a senior executive having resigned earlier
After the departure of Chief Transformation, Technology, and Operations Officer Roel Louwhoff, Standard Chartered Bank adjusted key roles in its technology and operations departments. Alvaro Garrido has been appointed as the interim Group Chief Information Officer, and Darrell Ryman as the interim Group Chief Operating Officer, both reporting to CEO Bill Winters. Meanwhile, Chief Strategy and People Officer Tanuj Kapilashrami is responsible for overall transformation, as well as a cost-cutting plan named "Lean Growth," aiming to save approximately $1.5 billion over the next three years
After a senior executive resigned, Standard Chartered Bank adjusted some key roles in technology and operations.
According to a company spokesperson, Chief Transformation, Technology, and Operations Officer Roel Louwhoff has resigned. The company has appointed Alvaro Garrido as interim Group Chief Information Officer and Darrell Ryman as interim Group Chief Operating Officer. Both will report to CEO Bill Winters.
The bank stated that Chief Strategy and People Officer Tanuj Kapilashrami will be responsible for the group's transformation, including a new cost-cutting plan called "Lean Growth".
Standard Chartered Bank aims to save approximately $1.5 billion in costs over the next three years. This strategy includes over 200 internal initiatives aimed at reducing expenses
