The move continues the bank's string of similar hires from top global consulting firms to its Singapore office.

Standard Chartered has hired Douglas Jackson as managing director of group strategy, who moved from Boston Consulting Group earlier this month.

His move continues a string of recent hires by the bank, which has been bringing on consultants due to its restructuring drives that have taken place since the appointment of CEO Bill Winters in 2015, noted «efinancialcareers», which reported the move on Thursday.

The publication noted the bank's 2019 hire of Pierre Paoli, who moved from BCG to lead its strategic initiatives unit for commercial and institutional banking, the hire of IBM consultant Sushil Anand as head of computational and digital advisory for wealth management, and former Deloitte and UBS strategist Christopher Williams as global head of strategy, governance and change for technology services.

Asia Familiarity 

The bank, which makes two-thirds of its profits from Asia, will certainly benefit from Jackson's intimate familiarity with the region, where he helped global and local companies realize their ambitions in Southeast Asia. His expertise includes strategy, business model innovation, risk management and operations transformation, particularly in finance and the public sector. 

 According to his LinkedIn profile, Jackson spent more than 10 years at the management consulting firm's Vietnam office, most recently as a senior advisor. His time in the country also included a secondment at Vietnam International Bank in Hanoi. Prior to that, Jackson was also stationed in Thailand for almost 10 years as country manager of A.T. Kearney, and was a branch manager for J.P. Morgan in Seattle.