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StanChart CEO Winters keen to stay through 2024 at least – Metro US

StanChart CEO Winters keen to stay through 2024 at least

Bill Winters, Group Chief Executive Officer of Standard Chartered Bank,
Bill Winters, Group Chief Executive Officer of Standard Chartered Bank, attends the World Economic Forum (WEF) annual meeting in Davos

LONDON (Reuters) – Standard Chartered Chief Executive Bill Winters is keen to stay at the bank at least until the delivery of its new goal to hit a double-digit return by 2024, he told Reuters on Thursday.

“We have put a refreshed set of guidance on the table today, I would love to deliver that guidance and deliver that package … it’s more than just sharpening up the financials, it’s changing the way that we operate,” he said.

Winters is by far the longest-serving CEO at a major British-based bank after the shock departure of Barclays CEO Jes Staley in November. Barclays, HSBC, Lloyds and NatWest have all had a change at the top in the past two years.

Winters’ remarks came as the bank set out the new profitability goals and reported a doubling of its annual profit.

(Reporting By Lawrence White and Anshuman Daga; Editing by David Goodman)

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