Paul Skelton swaps HSBC for StanChart

The 28-year HSBC veteran joins rival in new role of global head of banking just a year after being named head of commercial banking for Asia-Pacific.

Standard Chartered has recruited Paul Skelton from rival HSBC for the new role of global head of banking, it announced on Thursday.

Skelton, who was named head of commercial banking, Asia-Pacific at HSBC 12 months ago, will join StanChart in Singapore in December. He will report to his former HSBC colleague Simon Cooper, the bank's chief executive for corporate and institutional banking.

Skelton will take responsibility for corporate and financial institution client relationships, StanChart said in a statement.

We are organising ourselves around our clients, putting them front and centre of everything we do. This is reflected in our coverage...

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