Standard Chartered has hired a former executive from Citi to «turbocharge» its international banking business.
James Lye joins Standard Chartered as global head of international banking, according to a statement, effective November 1. Based in Singapore, Lye reports to global head of affluent clients Raymond Ang as well as Samir Subberwal, Asia head of consumer, private & business banking and global head of digital business.
Lye has over 20 years of banking experience, most recently as the head of markets for Citibank International Personal Bank Singapore – a business unit specializing in offshore wealth management services for high net worth individuals residing outside of Singapore – overseeing around 300 bankers.
International Banking
Standard Chartered’s international banking business focuses on serving clients’ cross-border wealth management needs in four hubs – Hong Kong, Singapore, Dubai, and Jersey. In the last three years, Standard Chartered has doubled the size of its international banking team.
In the newly created role, Lye is responsible for driving execution to «turbocharge» the business.
«Increased cross-border wealth management needs arising from increasing international mobility is a trend that is here to stay,» said Subberwal.
