Standard Chartered's Singapore investor is holding tight to its view that the board is too heavy with bank executives after the appointment of four independent directors.
According to a source familiar with the matter, the Singaporean state investment fund Temasek saw Standard Chartered's board appointments last week as "a step in the right direction", but added the board's make-up still falls short of what Temasek, the bank's biggest shareholder, would like to see...............................................Full Article: Source
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