May 08

The Chief Executive, Mr Donald Tsang, today (May 20, 2008) appointed the first batch of eight Under Secretaries to bolster the strength and capacity of the Government's team of political appointees under the political appointment system.

 Mr Kenneth Chen Wei-on ( Class of 1982), Under Secretary for EducationImage 

Standard Chartered Names Benjamin Hung As Hong Kong Chief Executive

HONG KONG -(Dow Jones)- Standard Chartered PLC (STAN.LN) said Wednesday its head of consumer banking in Hong Kong, Benjamin Hung, will succeed Peter Sullivan as the lender's Hong Kong chief executive, effective Jan. 1.

Sullivan will retire as chief executive Dec. 31, the U.K.-based lender said in a statement.

The bank said Hung's appointment still needs regulatory approval. Standard Chartered said in the statement that Hung joined the bank in 1992 and led the local consumer banking operation to a record profit in the first half.

(END) Dow Jones Newswires

10-09-07 2350ET

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