Posts on Jan 1970

HONG KONG -(Dow Jones)- Standard Chartered PLC (STAN.LN) said Wednesday its head of consumer banking in Hong Kong, Benjamin Hung, will succeed Peter Sullivan as the lender’s Hong Kong chief executive, effective Jan. 1.

Sullivan will retire as chief executive Dec. 31, the U.K.-based lender said in a statement.

The bank said Hung’s appointment still needs regulatory approval. Standard Chartered said in the statement that Hung joined the bank in 1992 and led the local consumer banking operation to a record profit in the first half.

(END) Dow Jones Newswires

10-09-07 2350ET

The class of ’84 made a donation to the school on 8-Sep-07. It was a joyous occasion during the meeting with our Headmaster at the school.