UK based Standard Chartered has appointed David Fein and Jean Moorhouse to further enhance its legal, compliance and regulatory programmes at the bank.
David Fein has been appointed as group general counsel, reporting to Peter Sands, CEO of Standard Chartered. In his new role, Fein will be responsible for advising the Board and senior management on all material legal issues affecting the Bank including M&A, corporate activity and disputes.
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Fein joins Standard Chartered from his prior role as US attorney for the District of Connecticut, for which he was nominated by president Obama, and confirmed by the Senate, in 2010.
Fein was previously a partner at law firm Wiggin and Dana and served as associate White House counsel under president Clinton.
Additionally Standard Chartered has appointed Jean Moorhouse as head of group’s prudential regulatory affairs, reporting to Richard Meddings, Group finance director, with effect from 25 November 2013.
In her new role, Moorhouse will be responsible for managing all aspects of Standard Chartered’s relationship with the PRA, working closely with the bank’s treasury, risk, finance and compliance functions.
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By GlobalDataMoorhouse joins Standard Chartered from the UK Prudential Regulatory Authority, where she was responsible for Lloyds Banking Group. She joined the FSA in 1998, and while there she was the lead regulator for Standard Chartered.
Prior to this, Moorhouse was a senior manager in the international division at the Bank of England.
Peter Sands, CEO of Standard Chartered, said: "These appointments build on our ongoing investments in our legal and regulatory capabilities. It is imperative that we strive for the highest standards of conduct and compliance across the Bank and that we play our part in the global fight against financial crime."
