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StanChart Names Rees To New Position As Group Head Of Treasury In London

BANKS

Standard Chartered Bank has named Michael Rees as its new group head of treasury, effective today, September 1. Rees, who has been acting as the regional treasurer for South East Asia based in Singapore for the past three years, succeeds London-based Paul Barker who is leaving the bank at the end of the month, an official says.

Rees, who will report to group executive director Peter Wood, will continue to based in Singapore during the initial months of his appointment, although he will spend