StanChart appoints Maria Ramos to its Remuneration Committee
Standard Chartered PLC (LON:STAN) today announces that Maria Ramos, Independent Non-Executive Director has been appointed as a member of the Remuneration Committee.
Naguib Kheraj, Deputy Chairman will step down as a member of the Audit Committee and Remuneration Committee. These changes take effect from 5 July 2021.
Maria Ramos was appointed an independent non-executive director of Standard Chartered PLC and to the Court of Standard Chartered Bank in January 2021. She has extensive CEO, banking, commercial, financial, policy and international experience.
Based in South Africa, Maria Ramos served as chief executive officer of ABSA Group Limited (previously Barclays Africa Group), a diversified financial services group serving 12 African markets from 2009 to 2019. Before joining ABSA, she was the group chief executive of Transnet Ltd, the state-owned freight transport and logistics service provider for five years.
Prior to her CEO career, Maria Ramos served for seven years as director-general of South Africa’s National Treasury (formerly the Department of Finance) where she played a key role in transforming the National Treasury into one of the most effective and efficient state departments in the post-apartheid administration.
She has served on a number of international boards, including Sanlam Ltd, Remgro Ltd, and SABMiller plc and more recently was a non-executive director of The Saudi British Bank and Public Investment Corporation Limited before stepping down in December 2020.
Maria Ramos is Chair of AngloGold Ashanti Limited and a non-executive director Compagnie Financière Richemont SA. She is also a member of the Group of Thirty, sits on the International Advisory Board of the Blavatnik School of Government at Oxford University, the advisory board of the Bretton Woods Committee, and the Board of Protectors of Ikamva Labantu Charitable Trust.