Supply chain finance giant Greensill strengthens top ranks

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SoftBank-backed Greensill is appointing Standard Chartered executive Tracy Clarke to its board, Sky News understands.

One of the top executives at Standard Chartered, the emerging markets lender, is to join Greensill next year as the supply chain finance provider strengthens its top ranks.

Sky News understands that Tracy Clarke, who is stepping down as the bank's chief executive for Europe and Americas and the head of its global private banking operations, is to become a non-executive director of Greensill in January. The appointment of Ms Clarke, who has worked for Standard Chartered for 35 years, is expected to be announced later this week.It is expected to be unveiled alongside that of Patricia Russo, the chair of Hewlett Packard Enterprise, as a senior adviser, according to insiders.

Ms Russo also holds seats on the boards of major US companies including GM and KKR, the private equity giant.The recruitment of the two senior businesswomen will come as Greensill continues to expand its operations beyond its core supply chain finance business. The UK-based fintech group, which counts the former prime minister David Cameron as an adviser, provides working capital to business customers around the world.

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