Standard Chartered has announced the retirement of Richard Goulding as Chief Risk Officer and Jan Verplancke as Chief Information Officer and Group Head of Technology and Operations from the Group, and as Directors of the Court of Standard Chartered Bank.

Goulding, 55, is retiring from the Group after eight years as Chief Risk Officer.

The Group said it will announce his successor in due course.

He 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 Peter Sands, Group CEO, and the Board Risk Committee.

Goulding joined Standard Chartered in 2002 as Chief Operating Officer for the Wholesale Bank, and was appointed CRF in 2006.

Verplancke, 51, is retiring from the Group after 10 years as Chief Information Officer and Group Head of Technology and Operations.

The Group will make an announcement on his successor shortly.

Verplancke, who joined Standard Chartered in 2004, will also stay on until his successor has been appointed and will leave on the completion of an appropriate hand-over period.

His successor will also continue to report to Group CEO.

In line with its listing requirements, the Group also announced that the day-to-day reporting line of Standard Chartered's Group Corporate Development and Strategy functions will move from Sands to Andy Halford, Group Finance Director with immediate effect.

Sands said: "I would like to thank Richard and Jan for their leadership and contribution to the Group. I have worked very closely with Richard and Jan for many years and I wish them both well on their retirements."

"The intention was that the Group Corporate Development and Strategy functions would report to Andy as soon as he was fully established in his role at Group Finance Director. I am pleased to announce that now is the right time".

Standard Chartered offers banking services in some of the world's most dynamic markets including Asia, Africa and the Middle East.