Standard Chartered appoints Diego De Giorgi as new group CFO

By Gloria Methri

Standard Chartered has appointed Diego De Giorgi as its new Group Chief Financial Officer (GCFO) and Group Executive Director (GEDD). De Giorgi assumed the position as GCFO designate on 1 September and is expected to join the board as GED in Q1 2024, subject to regulatory approval. He will be based in London and report directly to the Group Chief Executive, Bill Winters.

Diego brings over three decades of experience in financial services. He was most recently the Co-Chief Executive of Pegasus, one of Europe’s largest Special Purpose Acquisition companies. Prior to this, Diego was an independent non-executive director of UniCredit S.p.A.

From 2013 to 2019, he served in leadership roles at Bank of America Merrill Lynch (BAML). He was the Co-Head then Head of Global Investment Banking from 2015 to 2019 and the Co-Head of Corporate & Investment Banking for the EMEA region between 2013 and 2015.

Before that, Diego joined Goldman Sachs in 1994 and worked in roles across the Equity Capital Markets and Financial Institutions Groups in London. He later became the Chief Operating Officer for the company’s Investment Banking division prior to departing in 2012.

Bill Winters, Group Chief Executive said, “I am delighted that Diego has agreed to join the Group as GCFO Designate. With over three decades of experience in the global financial services sector, he brings strong business experience, deep commercial acumen, strategic expertise, and leadership skills. I very much look forward to working with Diego in the years ahead as we continue to deliver on our strategy and financial targets.

Diego De Giorgi said, “I am honoured to have been offered this role at Standard Chartered and to have the opportunity to work closely with Bill, the Board, and the Management Team to capture the opportunities presented by the Bank’s extraordinary footprint. I look forward to helping maximise the great potential of Standard Chartered while maintaining financial discipline and capital strength.”