Standard_Chartered Appoints New CFO, COO
Analysis based on 6 articles · First reported May 18, 2026 · Last updated May 19, 2026
The appointments of Manus Costello as CFO and Tanuj Kapilashrami as COO at Standard Chartered are expected to bring stability and a renewed focus on strategic growth. This leadership change, following the unexpected departure of Diego De Giorgi, is likely to be viewed positively by investors as the bank prepares to unveil new financial targets and continues its 'Fit for Growth' cost-cutting exercise.
Standard Chartered has appointed Manus Costello as its new Group Chief Financial Officer, succeeding Diego De Giorgi who unexpectedly resigned in February to join Apollo Global Management. Costello, previously the global head of investor relations at Standard Chartered and a veteran in equity research, will oversee finance, treasury, investor relations, and corporate development. His appointment is subject to regulatory approval, with Peter Burrill having served as interim CFO. Concurrently, Standard Chartered also named Tanuj Kapilashrami as Group Chief Operating Officer. These appointments come ahead of the bank's investor event in Hong Kong, where it plans to unveil updated financial targets and growth strategies, building on its recent record first-quarter earnings.
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