Surprise choice for global head of capital markets is all part of the plan, says StanChart’s Feder

Standard Chartered has a new line-up as Anand Kumar takes over capital markets from Carsten Stoehr, who has moved up to become global head of financial market sales. But rather than suggest the bank is shifting direction, the changes underpin its commitment to greater cross-department collaboration, according to Lenny Feder, global head of financial markets, writes Lorraine Cushnie.