Standard Bank promotes Peake to CFO

Standard Bank has promoted Jonathan Peake to chief financial officer, handing him responsibility for the finance and treasury teams across its offshore businesses in Jersey, Isle of Man and Mauritius.

Standard Bank promotes Peake to CFO

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Formerly head of risk, a role he has held since joining Standard Bank in July 2013, Peake will replace Will Thorp, subject to regulatory approval, following Thorp’s promotion to chief executive of the bank’s Jersey operation as announced in May.

Prior to Standard, Peake worked at Deutsche Bank International where he was head of risk management.

Before that he worked at KPMG in the forensics team, tackling fraud investigation and advisory work in financial services.

He is a member of the Institute of Chartered Accountants of Scotland, having first trained with PwC.

Mark Hucker, chief executive of Standard Bank Offshore Group (Jersey, IoM and Mauritius), said: “Since joining us Jonathan has made a real difference in the risk role and I’ve no doubt he is going to add further value in new position as CFO.

His ability to deal with complex situations in the challenging environments in which we operate will add significant strength to our leadership team.”

Peake added: “Having been working at Standard Bank for the last two years I know that I’m going to be heading up a team of dedicated professionals. This is an exciting time for the Bank with its renewed focus on Africa and the tremendous growth potential and challenges of this incredibly dynamic continent.”