Standard Chartered promotes Mandy DeFilippo to its highest US executive position.
Standard Chartered Appoints Mandy DeFilippo as U.S. and Americas CEO
In a significant move for gender diversity in leadership roles, Mandy DeFilippo has been appointed as the CEO for Standard Chartered's U.S. and Americas region, effective from March 24. DeFilippo will be the first woman to hold this post, marking a milestone in the bank's history.
DeFilippo brings a wealth of experience in financial markets, banking, and risk management to the role. Prior to her new position, she worked at Citadel Securities as the managing director and chief operating officer of legal and compliance, and of risk and operations. Her extensive background is seen as valuable by the bank.
DeFilippo will report to Roberto Hoornweg, the bank's CEO of Europe, Americas, Middle East, and Africa. Sal Vitale, who was named as head of coverage for the U.S. and Americas at Standard Chartered in January, will also be part of the team.
The appointment of DeFilippo is one of two major U.S. appointments this year for Standard Chartered. The bank has also seen Maria Ramos named as the next board chair, replacing José Viñals who is retiring in May. Ramos joined Standard Chartered in 2021 and became senior independent director and chair of the board's risk committee the following year.
Elsewhere in the banking sector, Elizabeth "Betty" Harn's appointment as President and CEO of Marquette Bank, effective August 1, 2025, is another significant advancement in female leadership. Harn is currently the only female CEO among the 25 largest banks in the Chicagoland area and has over 25 years of experience at Marquette Bank.
While women make up over 50% of the total workforce in many large U.S. banks, their representation at executive and senior management levels remains significantly lower. The appointments of DeFilippo and Harn are steps towards addressing this imbalance.
DeFilippo expressed her eagerness to bring international experience to Standard Chartered and partner with the Americas team. The banking industry is undergoing various disruptions, with one approach being the purchase of licensing rights. However, the future of the industry remains to be seen, with many different disruptors emerging.
In addition to DeFilippo, women hold CEO roles in several other Standard Chartered markets, including Germana Cruz in Latin America, Judy Hsu in wealth and retail banking, and Anna Urbanska in the Polish bank. Meanwhile, Jane Fraser remains at Citi as the only other woman leading a top-10 American bank. Lisa McGeough is the CEO at HSBC US, and Pam Kaur was named the first woman chief financial officer at the British bank. Jamie Dimon remains at the helm at JPMorgan Chase, with Marianne Lake and Jennifer Piepszak as potential successors for the consumer-banking CEO role.
[1] Marquette Bank Press Release, "Marquette Bank Announces Elizabeth "Betty" Harn as President and CEO", link
[2] Chicago Business Journal, "Marquette Bank names Elizabeth "Betty" Harn as new CEO", link
[3] American Banker, "Women make up over 50% of bank workforce but are underrepresented in senior roles", link
Mandy DeFilippo's extensive background in finance and risk management will be beneficial in her new role as CEO of Standard Chartered's U.S. and Americas region, which marked a significant milestone for women's health in the banking sector, as she becomes the first woman to hold this post. On a similar note, Elizabeth "Betty" Harn's appointment as President and CEO of Marquette Bank in 2025 signifies another step forward for women in leadership roles in the health-and-wellness sector, as she will be the only female CEO among the 25 largest banks in the Chicagoland area.
