1982

Aged 43.  Mr Chen holds a Bachelor of Science Degree in Electrical Engineering from Princeton University, a Master of Science Degree in Applied Mathematics from Harvard University and a Master Degree in Business Administration from the Wharton School of the University of Pennsylvania. 

He joined the Hong Kong Jockey Club  in 2000 and is currently its Director of Racecourse Business. Mr Chen is a member of the Advisory Committee on Teacher Education and Qualifications and served as a part-time member of the Central Policy Unit between 1998 and 2000.

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

5:00pm School Tour

6:30pm Cocktail and Dinner

For more information please contact Daniel Wan or Desmond Yip.