Standard Chartered Names Manus Costello as Group Chief Financial Officer | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis

Standard Chartered has announced that Manus Costello will be appointed Group Chief Financial Officer and join the bank’s board as an Executive Director, subject to regulatory approval.

 Costello is assuming the role on an interim basis with immediate effect.

Costello, 50, joined Standard Chartered in April 2024 as Global Head of Investor Relations, having previously spent 25 years in equity research. 

He was a founding partner and Global Head of Research at Autonomous prior to joining the bank. He will be based in London and report directly to Group Chief Executive Bill Winters.

Winters said he was delighted that Costello had agreed to take on the role. “Since joining Standard Chartered two years ago, he has made a significant contribution to the Group’s strategic positioning and engagement of stakeholders, while also bringing strong rigour and an entrepreneurial mindset to the role,” Winters commented.

The CEO also acknowledged Pete Burrill, who has served as interim Group Chief Financial Officer, saying he had made a valuable contribution in helping the bank maintain its financial and strategic momentum.

The bank also announced the appointment of Tanuj Kapilashrami as Group Chief Operating Officer with immediate effect. 

Kapilashrami, who has been a member of the Group Management Team since 2021 and joined Standard Chartered in 2017, will oversee strategy, group-wide transformation, and the resilience of corporate functions as an enabler of the bank’s growth agenda, continuing to report to Winters.