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SBK - Standard Bank Group Limited - Appointment of director

Release Date: 11/10/2010 17:18
Code(s): SBK
Wrap Text

SBK - Standard Bank Group Limited - Appointment of director Standard Bank Group Limited Incorporated in the Republic of South Africa Registration Number 1969/017128/06 JSE share code: SBK NSX share code: SNB ISIN ZAE000109815 ("Standard Bank Group") APPOINTMENT OF DIRECTOR Standard Bank Group announces the resignation of Deputy Chairman Kaisheng Yang, who was nominated to the board by the Industrial and Commercial Bank of China ("ICBC") in 2008. The board would like to thank Mr. Yang for his invaluable contribution to the group. The board is pleased to announce the appointment of Hongli Zhang (45) as director and Deputy Chairman with immediate effect. Mr. Zhang, currently Senior Executive Vice President of ICBC, has recently assumed responsibility for the relationship between ICBC and the Standard Bank Group. Fred Phaswana Chairman, Standard Bank Group Johannesburg 11 October 2010 Sponsor Standard Bank Independent sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 11/10/2010 17:18:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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