Money & Banking

Standard Chartered appoints new Group CIO

Beena Parmar Mumbai | Updated on March 25, 2015 Published on March 25, 2015

Michael Gorriz. File Photo   -  BL

Standard Chartered (StandChart) today announced the appointment of Michael Gorriz as Group Chief Information Officer.

He will join in the third quarter of 2015 and be based in Singapore, reporting directly to incoming Group Chief Executive, Bill Winters, the foreign bank said in a statement.

Michael will succeed Jan Verplancke, Director, current Group Chief Information Officer, who will retire after 10 years of service. Jan will leave on the completion of an appropriate hand-over period, the bank said.

Michael has prior experience at Daimler AG as Vice President and CIO. Michael (55) is a physicist and engineer by background and progressed through specialist research and design in aerospace to a general management role in Daimler Mexico. Over the past 14 years, he held various CIO roles with the group and since 2008 was responsible for strategy, planning and development of all IT systems, as well as the operation of all data centres and communication networks at Daimler AG.

Peter Sands, Group Chief Executive, StanChart, "Michael is an immensely talented CIO, who has worked across our footprint. As a leader in digital transformation, he has the capabilities and experience to drive innovation and change in technology and operations, which are key to delivering our productivity goals and to enhancing our service to clients.”

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Published on March 25, 2015
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