August 12, 2008. Shanghai Campus - CEIBS President Zhu Xiaoming today visited Mr. Lance Browne, Chairman of Standard Chartered Bank, China at the financial institution’s offices in the Shanghai Lujiazui Finance & Trade Zone.

During an address in which he gave an overview of the CEIBS Lujiazui International Finance Research Centre, President Zhu said he looked forward to mutual collaboration and cooperation with Standard Chartered Bank in the future. Mr. Browne, who expressed his sincere thanks to President Zhu for making the visit, noted that as an honorary citizen of Shanghai, he hopes to make a contribution to Shanghai’s economic and financial development, a goal shared by the CEIBS Lujiazui International Finance Research Centre.

In China, Standard Chartered Bank set up its first branch in Shanghai in 1858, and has remained in operation for the past 150 years. Standard Chartered Bank (China) Limited is one of the first banks to incorporate officially in China in April, 2007. This demonstrates the Bank's commitment to the China market, and its leading position as a foreign bank in the banking industry.

Standard Chartered China has one of the largest foreign bank networks -- with 14 branches (Nanchang branch to be opened), 30 sub-branches and 2 representative offices in China. In 2008, Standard Chartered China was crowned as the Best Foreign Retail Bank in China by the Asian Banker. In 2007, Standard Chartered China was granted the "Top 10 Financial Institution Award" and the "Best SME Services Award" by China CFO World, and has been named "China's Best Corporate Citizen" by 21st Century Business Herald.

About the CEIBS Lujiazui International Finance Research Centre

The CEIBS Lujiazui International Finance Research Centre was launched by China Europe International Business School (CEIBS) and Shanghai Lujiazui (Group) to serve as an authoritative and influential think tank for the development of Shanghai as an international financial centre. The Centre’s mission is to:

• Conduct research on the critical issues related to the development of Shanghai as an international financial centre;
• Integrate resources at home and abroad, and provide a high-level platform for interaction, discussion and collaboration;
• Offer first-class research, consulting and training services to financial institutions;
• Train senior international financial professionals capable of leading Chinese finance institutions into global competition;
• Provide expert financial consulting services to the local governments.