STANDARD CHARTERED FURTHER STRENGTHENS RMB OFFERING TO EUROPEAN CLIENTS WITH NEW APPOINTMENT 

Standard Chartered has appointed Susan Yu as Director within its RMB Solutions team in Europe.  As part of the Bank’s commitment to capture RMB opportunities, Susan will be responsible for supporting Standard Chartered’s European Financial Institution clients with their strategic RMB agendas and access to the China market.

Susan joined Standard Chartered in 2012 and has held roles within the Bank’s securities services and global investors and insurance teams. Susan is part of Standard Chartered’s global RMB Solutions team which focuses on building and delivering RMB capabilities to clients, providing dedicated on-the-ground experts to support corporate and institutional clients with their RMB needs. Specialists are located in a number of RMB key centres including London, New York and Singapore with the core team located in Hong Kong and Shanghai.

The global RMB Solutions team reports into Andrew Au, Regional Head, Global Banking, Greater China and North Asia, who joined Standard Chartered in January 2018.  Andrew is a banking veteran with more than 30 years’ experience in the industry with his last role being China CEO for Citi.

Clare Francis, Regional Head of Global Banking, Europe said; “The opening up of China’s capital markets creates a number of business opportunities for global financial institutions (FI’s) such as onshore securities investment, currency exposure hedging, efficient capital solutions, and business expansion into China. Our knowledge and expertise of the market makes us an ideal partner for European FI’s when it comes to supporting their China strategies as the currency continues to internationalise.”

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