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StanChart chairman in Dhaka

stan-chart-chairmanSir John Peace, chairman of Standard Chartered PLC, is now in Dhaka on a two-day official visit. Peace will meet senior officials of the government, and clients and staff of Standard Chartered Bank.

This is the first time a chairman of the British banking giant is visiting Bangladesh.Peace is accompanied by Sunil Kaushal, regional CEO for India and South Asia, the bank said in a statement yesterday.

Peace was appointed the chairman of Standard Chartered Plc in 2009, after joining the board in 2007 as deputy chairman.

Standard Chartered is listed on the London, Hong Kong and Mumbai stock exchanges and ranks among the top 20 companies in the FTSE 100 by market capitalisation.

In Bangladesh, StanChart is the largest foreign bank, in addition to being the oldest one in the country operating for more than 105 years.
Peace was knighted in 2011 for services to business and the voluntary sectors. He is also the chairman of Burberry Group Plc and Experian PLC.

He has been associated with these companies in various roles since 2000. Burberry is a leading global luxury brand with worldwide retail operations. Experian Plc is a global information services company providing data and analytical tools to clients in over 90 countries.

Peace has a strong financial services and retailing background. In 1980, he was one of the founders of CCN Systems, an early pioneer of credit scoring techniques, risk models and the development of customer segmentation systems.

CCN also provided credit card processing services to financial and retail organisations. CCN went on to become Experian Plc.

In 2000, Peace became the Group CEO of GUS Plc, of which Experian and Burberry were a part. He spearheaded a major restructuring strategy to refocus the group, including the acquisition and disposal of more than 50 businesses worldwide.

In 2002, Burberry was floated on the London Stock Exchange with Peace as its chairman.

In 2006, GUS Plc was demerged and Experian became a FTSE 100 business in its own right, again with Peace as its chairman.
Peace is committed to supporting his local community and has a long-standing interest in education.

He was the chairman of the Board of Governors of Nottingham Trent University for 10 years.

A key theme during his time as chairman was the development of an entrepreneurial culture, including the appointment of a new vice chancellor from the private sector, a new five-year strategic plan and a large investment in estates.

He has been a trustee of the Djanogly City Academy in Nottingham since 1999. The Academy was one of the first of five schools in England to be recognised by the Chinese government for its excellence in teaching Mandarin and supporting the training of language teachers.

Peace chairs the Nottingham Growth Board Forum focusing on issues associated with the recession and local unemployment and is the East Midlands Ambassador for Business in the Community.

He is Lord Lieutenant of Nottinghamshire, a fellow of the Royal Society of Arts and has an honorary doctorate from The University of Nottingham.

Source: Daily Star

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