American Express Co. will appoint Anna Marrs president of global commercial services, according to a note from Chairman and CEO Steve Squeri sent to employees.

Marrs will join the executive committee. She is currently CEO of commercial and private banking and regional CEO for ASEAN and South Asia for Standard Chartered PLC.

Squeri wrote that American Express is working with Standard Chartered on a start date for Marrs, who will be based in London when she joins the company.