Posted inPeople Moves

StanChart PB poaches execs for North Asia team

Standard Chartered Private Bank has brought over executives from rivals HSBC Private Bank, Deutsche Bank and BNP Paribas Wealth in order to build Greater China and North Asia coverage.

The private bank has appointed Jack Wu and Pauline Ko as Hong Kong-based managing directors and market heads, according to a statement.

Both will report to Vivian Chan, private banking regional head for Greater China and North Asia.

Standard Chartered declined an FSA request to interview Chan about the appointments.

Wu, who has around 27 years of experience in private and commercial banking, was previously managing director and team head for Greater China at HSBC Private Bank. Ko, who has 22 years of banking experience, was Deutsche Bank Wealth Management’s group head for Greater China.

“Enhancing our regional client coverage through these senior hires remains a focus for the private bank,” Didier Von Daeniken, global head of private banking and wealth management, said in the statement.

Further additions to the private banking team include Pitman Lau, who was appointed managing director and team leader, and Reggie Cheung, executive director and team leader.

Lau was previously at BNP Paribas, while Reggie Cheung was at HSBC, according to the statement.

The bank has also added ten relationship managers, including Bell Wong and Fredrick Leung, who were appointed as executive directors.

There have also been additions to the bank’s investment advisory team: Chris Tang, Fung Kwok-On and Chris Tong were appointed as executive directors.

The appointments bring the total number of bankers and advisors for Greater China and North Asia to around 50, according to the statement.

Part of the Mark Allen Group.