Ex-StanChart banker joins UK development finance firm

CDC, a development financial institution, has hired a former regional head of global banking at Standard Chartered to mobilise investment in developing countries.

  • By Jasper Cox
  • 28 Jan 2019

Stephen Priestley has joined as managing director, funds and capital partnerships, CDC announced on Monday.

He will “play a leading role” in rallying investment from outside the firm to provide capital to businesses in developing countries.

Priestley will lead the firm’s intermediated equity team, which sources, manages and ...

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