Standard Chartered has announced the retirement of Jan Verplancke as chief information officer and group head of technology and operations as well as Richard Goulding as chief risk officer from the group.

The two senior executives are also retiring from their roles as directors of the Court of the bank.

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Goulding is retiring from the group after eight years as chief risk officer (CRO). Goulding joined Standard Chartered in 2002 as COO for the wholesale bank, and was appointed CRO in 2006.

Goulding will be staying with Standard Chartered until his successor has been appointed, and will leave once an appropriate hand-over period has been completed.

Verplancke, who joined Standard Chartered in 2004, will also stay on until his successor is appointed, the bank said.

Both successors will continue to report to Peter Sands, group chief executive, Standard Chartered.

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However, the lender is changing its day-to-day reporting line of its Group Corporate Development and Strategy functions, moving it from Sands to Andy Halford, group finance director, with immediate effect.

Sands said: "The intention was that the Group Corporate Development and Strategy functions would report to Andy as soon as he was fully established in his role at Group Finance Director. I’m pleased to announce that now is the right time."

The news of the retirement comes the same day the bank has announced it will cut another 2,000 jobs in its retail banking division, apart from the 2,000 previously announced to cut costs and boost profits. As part of the move, Standard Chartered will then shut down its unprofitable institutional cash equities, equity research and equity capital markets business.