Standard Chartered has announced several appointments in its private banking business.
On Oct 20, the bank announced the appointment of Vinay Gandhi as its global head of South Asian community and regional head of Africa, the Middle East and Europe for its private banking arm.
“The bank’s private banking business in Singapore has witnessed robust growth under Vinay’s leadership over the past two years. In this expanded role, Vinay will be responsible for an increased mandate to spearhead one of our largest businesses that offers a significant growth opportunity,” says Standard Chartered.
Gandhi’s new appointment is effective from Jan 1, 2024.
Foo Tian Ong has also been named as the bank’s new regional head for Southeast Asia and location head for Singapore. The roles are for the bank’s private banking arm as well. Foo will be based in Singapore when he joins the bank in December.
“Tian Ong is a well-respected veteran private banker in this region. He brings more than two decades of private banking experience, joining Standard Chartered from UBS where he was most recently business sector head for Thailand and the Philippines, and was also responsible for NRI and Vietnam. Before UBS, Tian Ong honed his banking career in corporate banking, institutional equities sales and research at leading financial institutions, with a special focus on the Thai market,” says Standard Chartered.
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“These senior appointments focused on Asean, South Asia, Africa & Middle East and in the wealth planning and corporate solutions partners space add a wealth of experience to Standard Chartered. Their leadership will strengthen our proposition for clients and bolster our ambition to be a leading wealth manager across our footprint,” says Raymond Ang, Standard Chartered’s global head, private & affluent banking.