Standard Chartered Welcomes Maria Ramos to Its Remuneration Committee

Standard Chartered PLC announced that it has appointed Maria Ramos as a member of the Remuneration Committee and that Naguib Kheraj, Deputy Chairman will step down as a member of the Audit Committee and Remuneration Committee. These changes take effect from 5 July 2021. 

Maria was appointed an independent non-executive director of Standard Chartered PLC and to the Court of Standard Chartered Bank in January 2021. Maria is Chair of AngloGold Ashanti Limited,an independent, global gold mining company and a non-executive director of Compagnie Financière Richemont SA, a Switzerland-based luxury goods holding company. She is also a member of the Group of Thirty, sits on the International Advisory Board of the Blavatnik School of Government at Oxford University, the advisory board of the Bretton Woods Committee, and the Board of Protectors of Ikamva Labantu Charitable Trust.

Maria has extensive CEO, banking, commercial, financial, policy and international experience. Based in South Africa, Maria served as chief executive officer of ABSA Group Limited, a diversified financial services group serving 12 African markets from 2009 to 2019. Before joining ABSA, Maria was the group chief executive of Transnet Ltd, the state-owned freight transport and logistics service provider for five years. Prior to her CEO career, Maria served for seven years as director-general of South Africa's National Treasury where she played a key role in transforming the National Treasury into one of the most effective and efficient state departments in the post-apartheid administration. Maria has served on a number of international boards, including Sanlam Ltd, Remgro Ltd, and SABMiller plc and was a non-executive director of The Saudi British Bank and Public Investment Corporation Limited.