Standard Bank names new offshore CEO

African banking giant Standard Bank Group has named Will Thorp as the new chief executive of its Offshore Group.

Thorp replaces Mark Hucker, who is leaving to “pursue new opportunities”, the bank said in a statement. Hucker had been in the role since May 2011.

In the new role, Thorp will lead the bank’s offshore businesses in Jersey, Isle of Man and Mauritius, as well as distribution and support teams in London and Johannesburg, overseeing 400 staff.

Thorp has been with Standard Bank for 14 years, most recently as chief executive of Standard Bank Jersey Limited, as well as Island Head – Jersey. He has also been finance director of the bank’s Russian operation, based in Moscow, and global finance director – investment banking, based in both London and Johannesburg.

He moved to Jersey in 2012 as Chief Financial Officer for Standard Bank Offshore Group.

Thorp described his appointment as “a real privilege”, adding: “our links to the Bank’s employees on the ground in 20 countries throughout Africa means that we are ideally placed to be the Bank of choice for anyone wanting to do business on the continent.”

Steven Braudo, Chief Executive of Standard Bank Wealth thanked Thorp’s predecessor, Hucker, saying his contribution to the company had been “significant”.

On his LinkedIn page, Hucker states that he is “looking for the next challenge”.

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James Fernyhough
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