Peter Wong gets to the top

Peter Wong Tung Shun has been promoted to CEO of Standard Chartered in Hong Kong. Wong - previously head of Hong Kong consumer banking at the bank - will take over the position from Mervyn Davies, whose role of group executive director for North Asia encompassed the Hong Kong CEO role. Davies will keep his position of group executive director for North Asia while Wong will have responsibility for all the bank's Hong Kong operations, comprising treasury, corporate, institutional and co…