Ex-UBS Private Banking Veteran Reemerges at StanChart
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A private banking veteran, most recently with UBS leading a team covering high net worth clients in Hong Kong, has reemerged at Standard Chartered.
Chiu Wai Man has joined Standard Chartered as a deputy market head for Hong Kong, effective as of yesterday.
A spokesperson for the bank confirmed the new hire.
Chiu was most recently the Hong Kong country team head at UBS where she joined in 2018 with the task of hiring more relationship managers for the bank’s high net worth business in the city under regional market manager Adeline Chien. Chiu has around 20 years of banking experience and was previously with Hang Seng leading a 30-strong private banking team after stints with ANZ and HSBC.
2020 remains on track to reach its target of $100 billion assets under management (AUM) in the next two to four years. The bank had over $67 billion of AUMs as of 2019-end.
In January this year, Standard Chartered hired another ex-UBS banker, Gerald See, as an executive director and senior client partner based in Singapore to focus on ultra-high net worth (UHNW) clients. At UBS, See was previously a director in its family office and UHNW division.
Questions & Answers
Q.What was Chiu Wai Man's primary role at UBS before moving to Standard Chartered?
What was Chiu Wai Man's primary role at UBS before moving to Standard Chartered?
At UBS, Chiu Wai Man was the Hong Kong country team head. Her task was to recruit more relationship managers for the bank's high net worth business in the city.
Q.When did Chiu Wai Man officially start her new role at Standard Chartered?
When did Chiu Wai Man officially start her new role at Standard Chartered?
Chiu Wai Man started her new position as a deputy market head for Hong Kong at Standard Chartered as of yesterday. A bank spokesperson confirmed the hire.
Q.Which other former UBS banker recently joined Standard Chartered, and what is their focus?
Which other former UBS banker recently joined Standard Chartered, and what is their focus?
Gerald See, another ex-UBS banker, joined Standard Chartered in January this year. Based in Singapore, he focuses on ultra-high net worth clients.
Q.What is Standard Chartered's target for assets under management in the coming years?
What is Standard Chartered's target for assets under management in the coming years?
Standard Chartered aims to reach $100 billion in assets under management. This target is expected to be met within the next two to four years.
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