Standard Chartered has appointed international banking industry veteran and former Australian rugby captain, Peter Sullivan, to a newly created position of deputy CEO and general manager for Hong Kong. He moves to the Territory from London and will report directly to Peter Wong, Standard Chartered's executive director and CEO.
Sullivan will supervise the heads of global markets, consumer and wholesale banking for Hong Kong and will also have day-to-day responsibility for the bank's local business. Standard Chartered says this will allow Wong to focus more of his attention on the bank's Greater China strategy.
Sullivan first joined Standard Chartered in 1995 and has held a number of senior positions.
He was most recently CEO of the bank's African operations covering 13 countries. Prior to that, he managed the acquisition and integration of ANZ Grindlays in Standard Chartered. He has also been head of product management and service delivery, after initiating the bank's cash management business as head of global cash management.
His 25 years of cumulated banking experience have also included a 14-year stretch with Citigroup, where he assumed an array of senior positions including regional head of cash management services for Europe, the Middle East and Africa.
Pre-banking days, Sullivan also earned the great distinction of playing 15 internationals for Australia and captaining the national squad in the early 1970s.
"Peter is a seasoned banking professional and a great addition to the Hong Kong team," Wong comments. "His leadership on the day-to-day management of the Hong Kong business will allow me to focus more time on our overall Greater China Strategy. The move puts us in an even better position to build on our existing strengths while tackling the challenges and benefits that will come from closer economic integration in the Greater China region."