Standard Chartered promotes a 25-year financial markets veteran internally to become its chief investment officer based in Singapore, according to an internal memo seen by finews.asia.

Standard Chartered appoints Steve Brice as its new chief investment officer, according to an internal memo, as well as head of the discretionary portfolio management division.

He will lead 25 investment professionals and chair the bank’s global investment committee which forms cross-asset investment views for the private and retail banking segments.

A spokesperson for the bank confirmed the appointment.

23-Year StanChart Vet

Brice is a longstanding Standard Chartered employee, spending 23 of his 25 years in the industry with the bank beginning in 1998. He was previously its Southeast Asia chief economist; head of research for the Middle East and South Asia; and South Africa head of global markets.

Prior to joining Standard Chartered, he began his financial career with London-based consultant IDEA where he was its regional head of FX for Europe.