Dan Azzi, Chief Executive Officer for Standard Chartered in Lebanon

Dan Azzi, Chief Executive Officer for Standard Chartered in Lebanon

Seasoned banker with global expertise to focus on growing bank’s business in Lebanon

Beirut, Lebanon, 15 April, 2013 – Standard Chartered announced today the appointment of Dan Azzi as Chief Executive Officer for its operations in Lebanon. This is the first time that the Bank appoints a Lebanese to lead its strategy in the country. Prior to taking up this position, Dan was Regional Head of Global Markets and Co-Head of Wholesale Banking for the Middle East, North Africa and Pakistan (MENAP) based in Dubai.

Commenting on Dan’s appointment, Christos Papadopoulos, Regional CEO, Standard Chartered MENAP said:

“Standard Chartered has a strategic presence in Lebanon and we see good potential for us to continue supporting its economy. This appointment comes as part of our direction to develop Arab Nationals to lead the Bank’s businesses in the region. Dan brings a wealth of experience to the role which will be important both in terms of driving our on-shore business and further developing our network business.”

Dan joined Standard Chartered in 2008 as Head of Trading and in 2009 he was appointed as Regional Head, Global Markets and Co-Head Wholesale Banking, for MENAP. He brings to his new role a wealth of experience with leading global financial institutions, including Bear Stearns Asia Ltd., where he was Senior Managing Director/Head of Synthetic Equity & Securities Finance for Asia & Japan. Before that, he spent 7 years with Deutsche Bank in New York and Hong Kong.

Dan holds a Bachelor’s degree from the American University of Beirut, a Master’s degree from the University of Illinois (Urbana), and an MBA from Columbia University in New York. He has lived, worked in, and travelled to over 70 countries.

Dan Azzi, Chief Executive, Standard Chartered Bank sal – Lebanon said:

“The Lebanese economy continues to be resilient and adaptive in the face of local political challenges and regional conflicts continuing to register growth rather than contraction. The country has great potential and we remain committed to supporting our customers and clients. With our in-depth knowledge of the local market, strong network and international capabilities, we are well positioned to continue providing world class financial services in the country.”

Standard Chartered has been operating in Lebanon since the year 2000. The Bank is the first international bank that is locally incorporated in Lebanon. Standard Chartered Bank sal has three branches, three priority banking centres and free access to all ATM networks in Lebanon. The Bank employs around 120 employees, with 100 per cent of the workforce comprising Lebanese nationals. Lebanon is also a rich source of talent for the Standard Chartered group especially in the Middle East region.