KKR hires Singapore-based senior advisor

Standard Chartered's former CEO, Michael Denoma, will help the firm build its business in Asia, the Middle East and Europe.

Global buyout firm Kohlberg Kravis Roberts has appointed Singapore-based Michael Denoma as a senior advisor.

Denoma was most recently the chief executive officer of Standard Chartered Bank’s global consumer bank, a role he held from 2000 to 2008. He was also a group executive director and head of strategy for the overall bank, which he joined in 1999. His prior experience also includes having been the CEO and board chairman of food technology group Asia Foods and senior vice president of marketing for Citibank's Asian activities.

Denoma’s expertise in Asian, Middle Eastern and European markets will be important to KKR as the firm continues expanding its business in those regions, Henry Kravis and George Roberts, co-founders of the firm, said in a statement.

He joins a global network of senior advisors that give KKR operational and strategic insight on transactions and portfolio companies. The firm's other senior advisors include Sanjiv Ahuja, former chief executive officer of telecommunications operator Orange; John Bond, former group chairman of banking group HSBC Holdings; and Bruce Duncan, chairman of Starwood Hotels & Resorts Worldwide.

In addition to his role at KKR, Denoma is currently in an advisory role at global consulting major McKinsey & Company’s technology board. This June, he was also appointed as chairman of Taiwanese private bank Chinatrust Commercial Bank.