Standard Chartered Grows CCIB Unit in Singapore

The bank has made a pair of Singapore-based senior appointments to its Corporate, Commercial and Institutional Banking (CCIB) segment as it increases its focuses on growing this business.

Former regional head of client coverage, CCIB, ASEAN and South Asia, Chow Wan Thonh, has been named global head of the bank’s Global Industries Group, Standard Chartered announced in a statement on Thursday.

Chow joined the bank in 2019, bringing with her over 25 years of experience in the banking industry, having held a number of senior leadership roles in international banks supporting corporate and institutional clients.

At the same time, Heidi Toribio, who joined the bank in 2013, will replace Chow as Asia co-head of client coverage. She was most recently the bank’s global head of financial institutions. Toribio counts 25 years of banking experience, having previously worked at international banks in a variety of management positions.

Standard Chartered said the pair have played a key role in accelerating the growth of its CCIB business in Singapore and globally.

Paul Skelton, Global Head of Client Coverage in CCIB, said in the announcement that corporates’ financing needs are rapidly evolving, as businesses navigate uncertainties while seeking new growth opportunities