By Selena Li
HONG KONG (Reuters) – The chief executive of Standard Chartered’s China securities unit has left the firm – a departure that comes about 16 months after the launch of the business, two sources with knowledge of the matter said.
Grace Geng, the unit’s first CEO, left this month, they added.
Reuters was not able to learn if a replacement for Geng has been appointed.
Geng did not immediately respond to a request for comment. Asia-focused StanChart also did not respond to a request for comment.
Geng was formerly with Morgan Stanley’s China securities arm for a decade before she joined StanChart in 2021.
The Bejing-based unit employs 52 full-time staff who are licensed by the Securities Association of China, registration records showed.
(Reporting by Selena Li; Editing by Edwina Gibbs)
