Standard Chartered promotes Mandy DeFilippo to its highest-ranking U.S. executive position
Mandy DeFilippo has taken on a new role as the Chief Executive Officer (CEO) for Standard Chartered's U.S. and Americas region, effective March 24. This appointment marks a significant move for DeFilippo, who is joining Standard Chartered from Citadel Securities, where she served as managing director and chief operating officer of legal and compliance, and of risk and operations.
DeFilippo's extensive experience in the financial sector will be instrumental in her new role. Prior to Citadel, she held several senior roles at Morgan Stanley, including global head of business unit risk management for its fixed income division. She is also a lecturer at Harvard Law School and served as chair of the International Capital Market Association for several years.
DeFilippo's appointment reflects Standard Chartered's commitment to expanding its footprint in the Americas. She will be responsible for overseeing and leading the bank's operations and strategy across the United States and the Americas. In this role, she will work closely with Lisa Pollina, Vice Chairman Americas for SC Ventures and Standard Chartered, and report to Roberto Hoornweg, the bank's CEO of Europe, Americas, Middle East and Africa.
Hoornweg believes that DeFilippo's broad experience across financial markets, banking, and risk management will be valuable in responding to the needs of Standard Chartered's U.S. and Americas clients. DeFilippo herself has expressed her eagerness to bring her international experience to Standard Chartered and partner with the Americas team to drive strategic growth.
This appointment makes DeFilippo the first woman to hold Standard Chartered's U.S. and Americas CEO post. Women also hold CEO roles in several other Standard Chartered markets, signifying a positive trend towards gender diversity in leadership positions within the bank.
Standard Chartered has made two major U.S. appointments this year, with DeFilippo and Sal Vitale, who has been named as the head of coverage for the U.S. and Americas at Standard Chartered, effective January 2022.
Meanwhile, Maria Ramos has been named the next board chair at Standard Chartered, replacing José Viñals. Ramos spent a decade as CEO of South Africa-based Absa Group until 2019 and joined Standard Chartered in 2021.
In other news, Pam Kaur has been appointed as the first woman chief financial officer at HSBC, and Jennifer Piepszak became the chief operating officer at JPMorgan Chase last month. Gunjan Kedia will become the second woman to lead a top-10 American bank, replacing Andy Cecere on April 15, while Jane Fraser is the only other woman leading a top-10 American bank (Citi).
Marianne Lake is a potential successor at JPMorgan Chase, and Lisa McGeough has been appointed as the CEO of HSBC US, effective January 1.
These appointments and changes in leadership roles are a testament to the growing importance of diversity and gender equality in the financial sector, as well as the ongoing efforts to drive strategic growth and expansion in the U.S. and Americas markets.
- In addition to her role at Standard Chartered, Mandy DeFilippo also serves as a lecturer at Harvard Law School, demonstrating her commitment to education and women's health, particularly in the field of law.
- The appointment of Maria Ramos as board chair at Standard Chartered marks a significant milestone in women's leadership roles, as she joins other notable women like Jane Fraser at Citi and Gunjan Kedia at a top-10 American bank, who also hold leading positions.
- As the first woman chief financial officer at HSBC, Pam Kaur's appointment is not only a step towards gender diversity in the leadership landscape of finance but also signifies a positive shift in the health-and-wellness and business sectors.
