Standard Chartered's Chairperson for Greater China Kathering Tsang steps down

She took an early retirement.

Standard Chartered Bank (Hong Kong) Limited has recently announced that Katherine Tsang, Chairperson for Greater China, has decided to take an early retirement with effect from 1 August 2014.

According to a release from Standard Chartered, Tsang took an early retirement to pursue new personal challenges after serving the Bank for 22 years.

Tsang joined the Bank in 1992 and has held various senior positions since then.

Here's more from Standard Chartered:

She has a track record of consistently delivering superior business performance.

Under her leadership as Executive Vice Chairman and CEO China, our China franchise has grown significantly and achieved unprecedented financial performance.

Commenting on her departure, Jaspal Bindra, Group Executive Director and CEO Asia, says, “As the Chairperson for Greater China, Katherine has contributed tremendously to the Bank’s strategic and sustainable growth in the region, including the development of the RMB business for the Bank as well as for the industry.

I thank Katherine for her great contribution and wish her the best in her new chapter.”