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StanChart's China securities unit CEO departs 16 months after launch, sources say

StanChart's China securities unit CEO departs 16 months after launch, sources say

Reuters15-07-2025
HONG KONG, July 15 (Reuters) - The chief executive of Standard Chartered's (STAN.L), opens new tab China securities unit has left the firm - a departure that comes about 16 months after the launch of the business, two sources with knowledge of the matter said.
Grace Geng, the unit's first CEO, left this month, they added.
Reuters was not able to learn if a replacement for Geng has been appointed.
Geng did not immediately respond to a request for comment. Asia-focused StanChart also did not respond to a request for comment.
Geng was formerly with Morgan Stanley's China securities arm for a decade before she joined StanChart in 2021.
The Bejing-based unit employs 52 full-time staff who are licensed by the Securities Association of China, registration records showed.
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