Ex-Standard Chartered boss sets up bookstore

Stacks Of Books

Months after his ouster as CEO of Standard Chartered, Peter Sands is setting up a bookstore in the same district as London’s Arsenal soccer stadium.

Bloomberg News reports that the former CEO, 53, registered Log Off Bookshop Ltd. at Companies House on June 4, days before he left the bank. He’s a director of the firm and shareholder, alongside his wife Betsy Tobin, an author, and Tessa Shaw, a London-based artist, filings show. Calls to Sands’s office and home address weren’t answered.

Log Off Bookshop will be based in the north London neighbourhood of Highbury, home to writers such as Nick Hornby. Its premises, formerly occupied by a real estate agent, were empty when visited by Bloomberg News on Thursday.

To access the complete Bloomberg News article hit the link below:

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