Standard Chartered Bank has appointed Vinay Gandhi as global head of South Asian community and regional head of Africa, Middle East and Europe for private banking.
The bank’s private banking business in Singapore has witnessed robust growth under Gandhi’s leadership over the past two years. In this expanded role, Gandhi will be responsible for an increased mandate to spearhead one of our largest businesses that offers a significant growth opportunity. His new appointment is effective from 1 January 2024.
Foo Tian Ong is appointed regional head, Southeast Asia and Singapore location head, private banking. Tian Ong will be based in Singapore when he joins the bank in December 2023.
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.
Last month, Mike Tan joined the bank as global head, wealth planning and family advisory. Earlier this year, Fred Leung joined as head, solutions partners, to lead the delivery of one-bank corporate solutions for UHNW clients globally. These appointments add to the senior bench strength of the private banking business, supporting the bank’s ambition to grow its affluent business.
Raymond Ang, global head, private and affluent banking, said: “These senior appointments focused on ASEAN, South Asia, Africa and 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.”
Re-disseminated by The Asian Banker