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FX Head to Leave Standard Chartered

Richard Leighton is leaving Standard Chartered where he is global head of foreign exchange responsible for all FX and FX options products globally and fixed income in Europe.

A spokesperson for Standard Chartered in Singapore tells Squawkbox: “Richard Leighton, global head of FX,hasindicated his desire toretire after a fruitful careerwith Standard Chartered.

“He continues to be responsible for the bank’s delivery of FX products and the role will transition to Nitin Gulabani, global head of rates, from August 2010.”

Before joining the bank in 2003, Leighton worked in the currency and commodities areas at JP Morgan Chase and Midland Bank/HSBC. He was appointed global head of FX at Standard Chartered in London in 2006. His previous position was head of forex options, which was incorporated into his new role. Last year the bank additionally appointed Leighton as head of trading for fixed income, Europe, with all fixed income traders in London reporting into him. Leighton could not be reached for comment by press time.

Gulabani joined Standard Chartered in 2007 (Squawkbox October 15, 2007) as global head of of interest rate derivatives from Deutsche Bank where he was Asia Pacific head of currencies and commodities in Singapore. Prior to that he was co-head of FX trading at the German bank.

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