Standard Chartered PLC (HKSE:02888)
HK$ 94 -0.85 (-0.9%) Market Cap: 227.54 Bil Enterprise Value: 315.91 Bil PE Ratio: 8.02 PB Ratio: 0.58 GF Score: 73/100

Full Year 2023 Standard Chartered PLC Earnings Call Transcript

Feb 23, 2024 / 08:00AM GMT
Release Date Price: HK$62.45 (+3.65%)
William Thomas Winters
Standard Chartered PLC - Group Chief Executive & Director

Good morning and good afternoon, everybody, and welcome to our full year 2023 results presentation. Today, we have two firsts: for the first time in my career at Standard Chartered, I'm joined by a new CFO, Diego De Giorgi, who succeeded Andy Halford at the start of the year, and for the first time since I became CEO in 2015, I'm pleased to say that we've hit our double-digit return on tangible equity target.

So first order of business, a very warm welcome to Diego. With over 30 years' experience in the global financial services sector, Diego brings with him a broad and unique skill set, and I very much look forward to working with him in the years ahead as we deliver the next phase of the group's strategy.

As we passed the double-digit RoTE milestone, I also want to recognize the immense contribution that Andy Halford made to that achievement. Andy joined the bank a year before I did and expertly navigated the group's course through some very, very difficult waters early in our partnership. Andy has

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