Standard Chartered PLC (STAN.LN) Thursday said it appointed Mark Dowie as its new group head of corporate finance.

Dowie will be based in Singapore and will report to the group's chief executive of wholesale banking, Mike Rees.

He replaces Sean Wallace, who is also currently group head of origination and client coverage at the bank. Dowie was formerly joint head of investment banking for Asia at UBS.

-By Sam Holmes, Dow Jones Newswires; +65-6415-4157; samuel.holmes@dowjones.com