Standard Chartered Private Bank Loses Managing Director

Standard Chartered has lost a managing director and senior private banker in Hong Kong.

Phoebe Chow has left Standard Chartered Private Bank, sources said after more than four years with the British lender.

When contacted, a spokesperson for the bank declined to comment on the exit.

Chow joined Standard Chartered Private Bank in 2017 to oversee various client markets including the Philippines and Taiwan. Previously, she was a Singapore-based team leader at Credit Suisse where she worked for more than eight years.

Standard Chartered’s private banking arm has effectively fallen under a new structure this year after it merged with retail banking and wealth management into a single consumer, private and business banking (CPBB) unit.

Standard Chartered Private Bank was under the watch of CPBB chief executive Judy Hsu after its former head Dider von Daeniken left last year until the recent replacement hire of ex-UBS banker Raymond Ang two months ago.