Standard Chartered (STAN) Appoints Manus Costello as Permanent CFO

AI Summary

Standard Chartered (STAN) has appointed Manus Costello as its permanent Chief Financial Officer. This appointment follows his recent role as interim CFO where he contributed to strategic financial decisions. The decision is expected to provide continuity in leadership as the bank navigates ongoing market challenges. The market may react positively to the stability within the bank's management structure, which could influence investor confidence moving forward.