Standard Chartered Bank has made a series of key appointments to strengthen its Private Banking and Wealth Management teams. Its most recent hire sees another former Barclays banker reunite with colleagues.
The new hires are expected to support the next phase of business growth and ability to serve the needs of ultra high net worth (UHNW) clients in the world's fastest growing wealth market of North Asia and Greater China.
Earlier this month the bank appointed Harry Lai, from Barclays, as Market Head, Greater China North Asia (GCNA) on 3 January 2017, the bank said in a statement today.
This follows the hires of Michael Yong-Haron, formerly at RBC, and Alex Tse, formerly at Credit Suisse, as Market Heads for GCNA in August 2016. In addition, the regional front office team has added 12 new senior relationship managers since October, further enhancing its overall bench strength.
Old teams Reforming
The Market Heads report to Vivian Chan, whose appointment as Regional Head, Private Banking for GCNA, was announced in July 2016. Chan started in her role on 6 January 2017, Chan also formerly worked at Barclays Wealth Asian unit.
Didier von Daeniken joined Standard Chartered (SCPB) as Global Head, Private Banking & Wealth Management in March 2016. He joined from Barclays, where he had led their Private Banking business for Asia Pacific, Middle East and Africa.
Among other senior ex-Barclays Wealth bankers who decided to re-connect with von Daeniken were Vishal Jain who joined SCPB after more than eight years at Barclays, where he was Managing Director and led a team of 40 RMs across the India Private Banking business, and Srinivas Siripurapu another former Barclays Wealth banker who joined SCPB to take responsibility for leading the Private Banking business and teams in the ASEAN & South Asia (ASA) region.
