![\"Diego](\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/05\/SC_NewPeopleCards-MT_1392x600_DiegoDG-1747684726-scaled-1759153164.jpeg\")
\t\tDiego De Giorgi joined Standard Chartered in 2023. (Image: StanChart)\t<\/p>\n\t\t\tTuesday 10 February 2026 9:55 am\n\t\t\t<\/p>\n
\t\tDiego De Giorgi joined Standard Chartered in 2023. (Image: StanChart)\t<\/p>\n
The finance boss of Standard Chartered has made a swift exit from the bank as he takes up a top job at asset manager<\/a> Apollo. <\/p>\n Diego De Giorgi, who joined the bank in September 2023<\/a> before becoming chief financial officer in January 2024, stepped down to lead Apollo\u2019s European, Middle East and Africas region.<\/p>\n The FTSE 100 bank\u2019s<\/a> stock tumbled near five per cent in early trading to 1,807.50p.<\/p>\n Giorgi had previously served an 18-year stint at Goldman Sachs, with eight of those as a partner, before becoming chief operating officer for the global investment banking division.<\/p>\n The finance chief is credited with being the driving force behind Standard Chartered\u2019s \u2018Fit for Growth program.<\/p>\n The plan was introduced in 2024 kicked off a three-year transformation with the aim to simplify, standardise and digitise the lender\u2019s operations and reduce expenses by near $1.5bn in three years. <\/p>\n Standard Chartered loses CEO contender<\/p>\n \u201cWhilst banks are ultimately run by many more people than the key C-suite members, this departure is a particular blow for Standard Chartered in our view,\u201d analysts at Jefferies said.<\/p>\n They added Giorgi was viewed as a top contender by investors to succeed chief executive Bill Winters \u2013 who is the longest-standing banking boss among the big British banks.<\/a><\/p>\n \u201c[Giorgi] had a transformational effect on investor communications over the past several years, contributing not just to financial performance but also better communications which have helped the share price multiple,\u201d analysts said.<\/p>\n The Asian-focused lender said it had appointed Peter Burrill as interim chief financial officer and with a permanent appointment to be made in due course.<\/p>\n \u201cAs deputy CFO, Pete has extensive sectoral experience,\u201d Winters said.<\/p>\n \u201cHe likewise provides valuable continuity to the leadership of our finance function and takes on the position as a well-regarded member of our global leadership team. Under his interim stewardship we remain well-positioned to capitalise on the strategic focus and momentum of our business.\u201d<\/p>\n \t\t\t\t\tRead more<\/p>\n