StanChart appoints new CEO for UAE
Dubai, September 5, 2011
Standard Chartered has appointed Jonathan Morris as the new chief executive officer for the UAE.
Morris succeeds Jeremy Parrish, who has been in the UAE for the past five years, initially as CEO for Abu Dhabi and Al Ain, and more recently as UAE CEO. Parish will assume the role of the Bank’s CEO in Switzerland.
“We are pleased to announce the appointment of Jonathan as CEO for the UAE, which is one of our most important markets globally,” said V Shankar, group executive director.
“His understanding and experience in the region will help Standard Chartered further deepen its relationships with customers and clients in the UAE.”
“With over 53 years’ experience in the Emirates, we are already well positioned but believe that Jonathan is an outstanding choice to take our business to new heights. I’d like to thank Jeremy for his support in building our business in the UAE and for his commitment to the country,” he added.
“Having worked for Standard Chartered for many years, including a significant amount of time in the Middle East, it is a privilege to now lead the UAE business,” Morris said.
“I am looking forward to continuing the growth of our business and to strengthening our relationships with customers, clients, staff, regulators and communities."
Morris moves to the UAE from Standard Chartered in Bahrain where he was the CEO.
He has worked extensively across the Standard Chartered footprint (Asia, Africa and Middle East), including previous experience in the region, where he was responsible for corporate banking clients in the UAE and Oman. – TradeArabia News Service