Peter Sands

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Peter Sands at the World Economic Forum , East Asia 2009

Peter Sands (born January 8, 1962 ) is Executive Director of the Global Fund to Fight AIDS, Tuberculosis and Malaria (GFATM) and a former British bank manager . From November 2006 to 2015 he was CEO of Standard Chartered Bank , one of the UK's largest banks. Since leaving the bank, he has concentrated on issues relating to the financing of global health initiatives.

Life

After attending the Crown Woods Comprehensive School in London and the United World College of the Pacific in Canada , from which he graduated with the International Baccalaureate , he went to Brasenose College in Oxford . He began his professional career in the UK Foreign Office . But then decided with a Harkness- scholarship to Harvard University to go where he met the Master of Public Administration completed. Peter Sand worked for McKinsey since 1988 , where he specialized in banking and technology. He was named a partner of McKinsey in 1996 and a director in 2000.

In May 2002, Peter Sands became Group Finance Director of Standard Chartered PLC despite having no financial education. In November 2006 he became the bank's CEO. Between 2002 and 2008, the operating result doubled and the number of employees tripled to 75,000. Standard Chartered weathered the subsequent financial crisis more unscathed than any other major British bank, thanks to its solid capital base and traditional focus on emerging Asian markets. In fact, 2009 was the seventh time in a row that it closed with a record result. The UK bank bailout plan, which has served as the template for many of the world's initiatives, is based on a plan developed by Sands. However, Standard Chartered itself has not claimed government money or central bank support. Peter Sands served on the board of directors of the International Banking Federation (IIF) and chaired the IIF Special Committee on Effective Regulation.

Peter Sands served on the board of the Global Business Coalition on HIV / AIDS, Tuberculosis and Malaria (GBC) The UK government appointed him a member of the Independent Review of Higher Education Funding and Student Finance. He was also a member of the UK's Good Work Commission, which aims to lay the foundations for fulfilling work in the 21st century.

In 2010 he was awarded the European Banker of the Year award.

After leaving Standard Chartered Bank, Sands first went to Harvard University and worked on global public health projects. In 2016/17 he headed a World Bank working group on financing pandemic preparedness.

Peter Sands is married to the writer Betsy Tobin and has four children.

Web links

Individual evidence

  1. a b c d e f Standard Chartered Bank: Key People - Peter Sands ( Memento from September 20, 2010 in the Internet Archive )
  2. a b Peter Sands - biography. (PDF) Retrieved March 26, 2019 (English).
  3. ^ A b c d Andrew Davidson: Peter Sands: The banker who's still smiling. In: The Sunday Times. September 28, 2008, accessed July 10, 2010 .
  4. Michael Maisch: Growth in the Crisis: Standard Chartered plans IPO in India. In: Handelsblatt. March 3, 2010, accessed July 10, 2010 .
  5. Lucy Farndon, Daily Mail: Focus: Sands steers Standard on steady course. In: thisismoney. March 4, 2010, accessed July 10, 2010 .
  6. ^ Katherine Griffiths: Standard Chartered chief Peter Sands was quiet architect of Britain's bank rescue. In: The Telegraph. October 15, 2008, accessed July 10, 2010 .
  7. Jill Treanor, Julia Kollewe: Standard Chartered chief donates £ 2.1m bonus to charity. In: The Guardian. March 3, 2010, accessed July 10, 2010 .
  8. Regulations: Banks paint a bleak picture. In: Basler Zeitung. June 10, 2010, accessed July 10, 2010 .
  9. ^ IIF: 2010 Spring Membership Meeting Press Conference Opening Statements. Retrieved July 10, 2010 (English).
  10. Global Business Coalition on HIV / AIDS, Tuberculosis, and Malaria: Leadership. Retrieved July 10, 2010 (English).
  11. ^ Independent Review of Higher Education Funding and Student Finance: Members' biographies. (No longer available online.) Archived from the original on November 12, 2009 ; Retrieved July 10, 2010 (English).
  12. ^ The Work Foundation: The Good Work Commission. (No longer available online.) Archived from the original on December 16, 2010 ; Retrieved July 10, 2010 (English).
  13. ^ Brian Groom: Employees feel strain of rise in work intensity. In: Financial Times. June 28, 2010, accessed July 10, 2010 .