Standard Chartered has announced the retirement of Richard Goulding as chief risk officer after eight years in this role. The bank will announce his successor "in due course," the company stated.

Goulding will stay on until his successor has been appointed, and will leave on the completion of an appropriate hand-over period later in the year. His successor will continue to report to Group Chief Executive Peter Sands and the risk committee.

Goulding joined Standard Chartered in 2002 as chief operating officer for the Wholesale Bank, and was appointed chief risk officer in 2006.

In other news, Standard Chartered also announced the retirement of Jan Verplancke as chief information officer and group head of technology and operations after 10 years in these roles. The company intends to announce his successor shortly.