Foreign Correspondents Association of Singapore

Member Login

Lunch with Standard Chartered Singapore CEO Ray Ferguson

  • 06 Jun 2012
  • Conrad Hotel
  • 12.30pm sharp
  • $60

This event is for Members only.


Meet Ray Ferguson, the Chief Executive of Standard Chartered Bank in Singapore since 2009.

As CEO, Singapore, his key focus is the growth and governance of the Bank's operations in the city-state.

This will be an on-the-record session on the current state of the banking industry in the region and Standard Chartered's positioning in an increasingly competitive landscape.

According to the bank's H1 2011 results, Singapore was the second largest contributor to Group income and profit, after Hong Kong

Earlier this year, Standard Chartered announced the leasing of approximately 154,000 square feet in Changi Business Park from Ascendas. The new extension to the current Standard Chartered @ Changi building, which is owned by Standard Chartered, caters to continued growth over the next three to five years. This investment supports Standard Chartered's recently announced aspiration to achieve an income level of US$3 billion by three years (for the year 2014).

The new six-storey purpose built facility at Changi is expected to be ready for occupation by 2014.

Standard Chartered Bank in Singapore delivered record income of US$2.186 billion for the financial year ended 2011, up 26 per cent year-on-year (YOY) and crossing US$2 billion for the first time. Operating profit crossed US$1 billion and grew 40 per cent YOY to US$1.002 billion despite margin pressure and market sentiment.

There was a problem with your submission.

Errors have been highlighted below.

Thank you for registering with FCA. We will contact you shortly.

- Name cannot be empty
- Email cannot be empty
- Phone cannot be empty