Standard Chartered’s chief financial officer Diego De Giorgi will leave the bank on Tuesday to join asset manager Apollo, where he will head up the EMEA region.
De Giorgi resigned from his role at the Asia- and Africa-focused financial company in January 2024, after completing a two-year term as CFO, according to a company statement. The departure of StanChart’s top investor comes amid an ongoing review that has helped boost profit outlooks, and as the company’s share price has significantly outperformed that of rival HSBC since 2025.
Mr De Giorgi was previously seen as a potential candidate to replace StanChart chief executive Bill Winters, who is the longest-serving head of a bank at a major UK bank.
The London-based lender has appointed Peter Brill as interim group chief financial officer and said a permanent appointment would be announced in due course.
Mr Brill joined Standard Chartered in 2017 and is currently Group Head of Central Treasury and Deputy Chief Financial Officer, and will be based in London and report to Mr Winters. De Giorgi replaces longtime Apollo partner Rob Seminara, who will remain in the region to support the transition and then assume new global responsibilities for Apollo later this year, the company said.
The asset manager said Mr. De Giorgi will oversee the company’s fast-growing regions as it expands into credit, equity and hybrid originations, as well as wealth and retirement solutions.
(Reporting by Roshan Thomas in Bengaluru and Serena Lee in Hong Kong; Editing by Sherry Jacob Phillips and Lincoln Feast)
