Treasury Management Internation Logo

Standard Chartered adds two senior appointments to manage new Client Services unit in Financial Markets


Standard Chartered has created a new client-focused unit within its Financial Markets business to provide a comprehensive range of services including optimisation of pricing and execution, access to liquidity hubs, client clearing, and an array of portfolio services within the derivatives market.

As part of Standard Chartered’s strategy of staying relevant to its clients and being responsive to their evolving needs, the Execution, Clearing, Liquidity and Portfolio Services unit (also known as ECLiPSe), will help the Banks’ clients meet the challenges brought about by global derivatives regulation and the increased costs of operating in the over the counter (OTC) derivatives market.

Standard Chartered are also pleased to announce the appointments of Andrew Sterry and Luke Brereton as Co-Heads of ECLiPSe. Reporting to Neh Thaker, Global Head, Options Trading & Platforms, Andrew and Luke are based in London and Singapore, respectively, where they can optimally engage clients across the Bank’s footprint.

Andrew brings to the Bank a wealth of experience in client servicing and delivering technology solutions honed over years of working in leading financial institutions, including Deutsche Bank, Lehman Brothers, and Citigroup. He was most recently European Head of OTC Clearing at Citigroup based in London, where he led the interpretation of the impact of European regulation on clients and architected the business strategy.

Luke also joined Standard Chartered from Citigroup in London, where he was European Head of Origination for Citi Futures and OTC Clearing. Luke is a specialist in OTC derivatives, having been instrumental in leading the sales effort for client clearing services, and growing OTC derivatives outsourcing services during his previous roles at RBS and ABN AMRO, respectively.

Supporting Andy and Luke in this initiative is Brett Reeves, who is Head of Technical Sales. Brett is based in London and was most recently Director of OTC Client Clearing at Commerzbank AG.

Commenting on the appointments, Neh Thaker said, “The OTC derivatives market is going through an unprecedented change. We see a need to help our clients navigate the myriad regulatory changes and focus on optimising the efficiency of their derivatives execution and ongoing portfolio management. The new client services unit led by Andrew and Luke will enable us to offer an enhanced service to our clients. This confidence is built upon our strong balance sheet and stable credit rating, coupled with an extensive footprint, which we believe will differentiate Standard Chartered from our peers.”

Most recent episodes

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...


HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...


The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...


HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....


Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...


HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...


Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...


Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...


Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...


Instant Payments: Instant Rewards

TMI’s Eleanor Hill sits down in the virtual TreasuryCast studio with J.P. Morgan’s Global Head of Real-Time Payments, Cyrus Bhathawalla, to discuss how treasurers can capitalise on the evolving nature of real-time payments. Our guest contemplates the elements...