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| Banker of the Year: Peter Sands, CEO, Standard Chartered |
Think of a chief executive of a leading bank who has remained in his position throughout the global financial crisis, and who hasn’t faced a single call for his replacement.
Think of a bank that has delivered a profit in every single reporting period during that turbulent time, and that has more than doubled both income and profits over the past six years.
Think of a chief executive whose strategy has rarely if ever been questioned, and who has faced little scrutiny of his compensation because of the bank’s performance – despite taking home a package of $8.1 million in 2011.
Think also of a banking leader who is prepared to argue forcefully and publicly on behalf of the industry, while acknowledging that mistakes have been made and there must be changes to the regulatory and risk models governing global banking.
You’re thinking of Peter Sands.
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| Peter Sands, chief executive of Standard Chartered and winner of Banker of the Year |
Sands became chief executive of Standard Chartered in November 2006.