StanChart Names Global Head of Private Banking

Standard Chartered has hired a former UBS executive to oversee its private and affluent banking business worldwide.

Raymond Ang has been named global head of private and priority banking at the Asia-focused British lender, according to a statement, pending regulatory approval.

In the Singapore-based role, Ang reports to consumer, private, and business banking chief executive Judy Hsu.

Ang has 25 years of experience across consumer and private banking and lived in Hong Kong, Taiwan, Thailand, and Singapore. Ang was most recently with UBS where he spent nine years, last as its sector head for Indonesia, Greater China, and offshore Japan. Previously, he also worked for Carlyle, DBS, and Citi.