SCB bolsters S'pore team

SCB bolsters S'pore team

SINGAPORE (Dow Jones): Standard Chartered PLC announced Wednesday three new senior manager appointments to its Singapore team, to cope with the expansion of its Indonesian and Thailand businesses.

Michael De Noma has been appointed as group head of banking. He will be responsible for the group's consumer banking activities in Southeast Asia, the Philippines and India.

Andrew Duff is now the new head of corporate and institutional banking in Singapore, responsible for developing a corporate banking business plan and driving the business in the city state. Prior to Standard Chartered, Duff had headed the corporate and merchant banking business of an international bank in Malaysia.

David Proctor joined the UK bank in August to become the regional executive for Southeast Asia and India, corporate and institutional banking. He had worked with a U.S. bank for the previous 14 years.