Standard Chartered Private Bank Appoints
Head of Sales in the Americas

Miami, December 9, 2009

The Standard Chartered Private Bank announced today the appointment of Diego Y. Polenghi as Senior Director, Head of Sales, Private Bank, Americas. He is based in Miami with primary responsibility to manage and expand Standard Chartered’s Private Banking sales effort in Latin America. Diego reports to Diego Folino, Head of Private Bank, Americas.

“We are delighted to welcome Diego to our team and look forward to his leadership in continuing to build our private banking business in Latin America. He is an experienced international banker and clients, prospects and staff will undoubtedly benefit from his expertise and perspective,” said Diego Folino.

With over 20 years of experience in Wealth Management, Diego has an extensive background in private banking and securities brokerage, with a primary focus on high net worth individuals and families in Latin America. Prior to joining Standard Chartered Bank, Mr. Polenghi was Head of Banque Privee BCP (Suisse) S.A. Latin America, based in Geneva, Switzerland. He has worked in the USA and Switzerland for Credit Suisse, UBS, Standard NY Securities and Beta Capital Management.

Diego holds a Bachelor Degree in Finance from School of Economics and Business Administration (SEBA/HWV), Zurich, Switzerland.

--ENDS--

For further information please contact:
Elaine Chin
Head of Corporate Affairs, Americas
Tel: +1 212 667 0239
E-mail: Elaine.Chin@sc.com

Note to editors:

The Standard Chartered Private Bank

The Standard Chartered Private Bank's heritage stems from over 150 years of international banking excellence that is the Standard Chartered Bank.

The Standard Chartered Private Bank works with clients and their families to understand not just their financial goals but also their fundamental beliefs and values. By offering true open architecture and best of breed products as well as delivering first-class service for the daily banking needs of its clients, The Standard Chartered Private Bank is ideally placed to help clients achieve what they want from their wealth.

We draw on the strength of the Standard Chartered Bank network to deliver a portfolio that is truly personal to the individual. Our clients benefit from a broad array of specialised products and services that can better meet complex needs as their wealth grows, ranging from margin trading, complex credit solutions, structured products, commodities and estate planning, to a wide range of investment products including mutual funds and discretionary portfolios, to the transactional deposits and savings accounts.

The Standard Chartered Private Bank has been named ‘Global Best Private Bank’ by Euromoney in 2008. Euromoney cited risk management, a focus on growth markets, achievements in performance, growth in client base and a commitment to service and advisory as success factors.

About Standard Chartered

Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100 by market capitalisation. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and profits have more than doubled over the last five years primarily as a result of organic growth.

Standard Chartered aspires to be the best international bank for its customers across its markets. The Group earns around 90 per cent of its income and profits in Asia, Africa and the Middle East, from its Wholesale and Consumer Banking businesses. The Group has over 1600 branches and outlets located in over 70 countries. The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities.

Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. It employs around 70,000 people, nearly half of whom are women. The Group's employees are of 125 nationalities, of which about 70 are represented in the senior management.

About Standard Chartered, Americas

Standard Chartered Bank operates in 11 markets in the Americas region, including the U.S., Canada, Mexico, the Caribbean, and, in Latin America, Argentina, Brazil, Chile, Colombia, Peru, Uruguay and Venezuela.

Standard Chartered has both a Wholesale Bank and a Private Bank in the Americas. The Wholesale Bank provides financial products and services to corporations, financial institutions and development organizations in the Americas. Key products include trade finance services, cash management, treasury, foreign exchange and interest rate products, commodity finance, and structured import and export finance services. Its primary function is to facilitate trade and investment flows between the Americas and the Group’s core geographies of Asia, Africa and the Middle East. The Standard Chartered Private Bank in Miami services clients based primarily in Latin America. It maintains an advisory center in Miami and client offices in Uruguay and Chile.