Standard Chartered appoints Sandeep Das as Managing Director and Head Private Banking India

June 20, 2011, India Standard Chartered Private Bank today announced the appointment of Sandeep Das as Managing Director and Head of Private Bank, India.

Sandeeps appointment reflects the growing importance of Private Bank in India as Standard Chartered continues to build this business within its key markets. Sandeep has 20 years of experience with the bank and was earlier General Manager Premium Banking, Consumer Banking India, where he was responsible for leading and directing the business focus on the affluent and emerging affluent customer segments. In his new role, Sandeep will be responsible for envisaging and driving the Private Banks strategy for growth in India, a key market for the Bank.

Based in Mumbai, Sandeep will report to Stephen Richard Evans, Head of Private Bank, Europe, Middle East, Africa, India & the Americas and to Sanjeeb Chaudhuri, Regional Head, South Asia and Group Chief Marketing Officer for Consumer Banking. Sanjeeb Chaudhuri, Regional Head, South Asia and Group Chief Marketing Officer for Consumer Banking said: Sandeeps contribution to the consumer banking business over the last twenty years has been outstanding. With his long experience in the HNW space and strong relationships with Indian clients, Sandeep is very well suited to strengthen our position as a leading international private bank in India."

Stephen Richard Evans, Head of West Region at the Private Bank, said: India is a key part of Standard Chartered Private Banks network. As an international private bank that was founded and is headquartered in Asia,

the Private Bank has a deep understanding of Asias markets and is able to combine local insight and our global capabilities tailored for our Indian clients. Our ability to bring universal banking services that include retail, corporate and investment services to our clients is an advantage, specially for our clients who are entrepreneurs. His wealth of experience and expertise uniquely position him to lead the private banking business and accelerate its growth in India.

Sandeep joined Standard Chartered Bank in 1991 and has held several key positions in the Bank, making immense contributions. Some of his key roles included being the Regional Manager -Middle East NRI Services and General Manager, Wealth Management, India. Sandeep was later appointed General Manager Premium Banking & NRI Business in March 2009. More recently as General Manager Premium Banking, Sandeep was responsible for launching the best in market Priority Banking and Preferred Banking propositions which resulted in a significant increase in revenue growth and net promoter scores over the last 3 years. Recently Sandeep was officiating as the Head of Consumer Banking India for the last nine months in addition to his role of General Manager Premium Banking. Under Sandeeps leadership, Consumer Bank India posted record operating profits as a result of the robust execution of the High Value Segment strategy.
For further information, please contact: Pooja Sabharwal / Candice D'Souza Corporate Affairs Standard Chartered Bank Tel: +91 9920932795 / +91 98207 66844 Email: pooja.sabharwal@sc.com candice.dsouza@sc.com

Notes to Editors:
Standard Chartered Bank in India Standard Chartered Bank is Indias largest international bank with 94 branches in 37 cities, a combined customer base of around 2 million retail customers and more than 2,000 corporate and institutional relationships. Key businesses comprise Consumer Banking, including

deposits, loans, wealth management, private banking and SME banking; and Wholesale Banking, which includes cash transaction banking, treasury, corporate finance and custody services. For more information, visit www.standardchartered.co.in

Standard Chartered Private Bank Standard Chartered Private Bank is the private banking division of Standard Chartered. Headquartered in Singapore, the Private Bank provides exciting career opportunities to over 1,300 employees including over 450 relationship managers globally. It has 31 offices in Asia, Africa, Middle East, Americas and Europe. In India, Standard Chartered Private Bank has dedicated private banking branches in Mumbai, Delhi, Kolkata, Chennai and Bangalore. The Private Bank has grown strongly since its inception in May 2007. On top of its strong organic growth, it acquired American Express Bank in 2008, through which it has further improved its capabilities. The Private Bank has been showing continued strong growth: In 2009, it saw assets under management increase by 26% in Asia and 12% globally and its client base increased by 25%. In the first half of 2010, its asset under management has grown by 27% in Asia and 12% globally with over 2,500 clients.

The Private Bank leverages the natural strengths of Standard Chartered: A heritage of over 150 years in international banking, an international network across more than 70 countries and strong local presence in growth markets. This puts the Private Bank in an advantaged position to build and deepen relationship with its clients.

Standard Chartered Private Bank won the Outstanding Private Bank in Asia Pacific award, for the third year in a row, at the annual Private Banker International Global Awards 2010. It also received The Best Private Bank in Asia award by The Banker in 2010.

For more information, please visit: www.privatebank.standardchartered.co.in

Legal Disclaimer Standard Chartered Private Bank is the private banking division of Standard Chartered Bank (SCB). Private banking activities may be carried out internationally by different SCB legal entities and affiliates according to local regulatory requirements. Not all products and services are provided by all SCB branches, subsidiaries and affiliates. Some of the SCB entities and affiliates only act as representatives of the Standard Chartered Private Bank, and may not be able to offer products and services, or offer advice to clients. They serve as points of contact only.

In Hong Kong, Standard Chartered Private Bank is the private banking division of Standard Chartered Bank (Hong Kong) Limited (CE#AJI614) which is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong.

In Jersey, Standard Chartered Private Bank is the private banking division of Standard Chartered (Jersey) Limited. Standard Chartered (Jersey) Limited is regulated by the Jersey Financial Services Commission. Standard Chartered (Jersey) Limited is also an authorised financial services provider under license number 9790 issued by the Financial Services Board of the Republic of South Africa. Standard Chartered (Jersey) Limited is a wholly owned subsidiary of Standard Chartered Bank.

Standard Chartered Bank is incorporated in England and Wales with limited liability by Royal Charter 1853, Reference number ZC 18. The Principal Office of the Company is situated in England at 1 Aldermanbury Square London EC2V 7SB. Standard Chartered Bank is authorised and regulated by the Financial Services Authority under FSA register number 114276.