"I am absolutely delighted. I am delighted for Liverpool Football Club and its fans, and particularly delighted for Standard Chartered and its stakeholders," said Peace.
"It will be a great four years and we're looking forward to seeing some exciting football and working closely together with the team.
"Liverpool has a great heritage and has had some fabulous football teams over the years, with great managers. With the heritage of Standard Chartered Bank, we have a lot in common. We are both going places and that is important going forward.
"I think Liverpool will have a fabulous season and a lot of success in the coming years. Our bank is in a very similar position. I am delighted we are able to enter into this agreement today."