Standard Chartered Global Private Bank further accelerates frontline bench

Standard Chartered Global Private Bank has added relationship managers and team leaders to its global frontline team across its booking centres in Singapore, Hong Kong, the UAE and the United Kingdom including Derek Too, head, wealth planning and family advisory, Singapore.

Reporting to Mike Tan, global head, wealth planning and family advisory, Derek brings over 15 years of wealth planning experience advising high-net and ultra-high-net wealth individuals on their succession planning. He has worked in leading institutions including UBS, Société Générale Trust and HSBC in Singapore. Prior to this, Derek built his expertise in tax consultancy and advisory working in leading tax consultancy firms in Singapore and Australia.

In welcoming Derek to the team, Tan said, “Intergenerational wealth transfer is increasingly a top-of-mind concern for many high-net-worth clients and their families. Having a dedicated wealth planning team who are well versed with the local governance structure and framework in Singapore will go a long way in supporting our clients.”

Foo Tian Ong, regional head of Southeast Asia and Singapore location head added, “Our affluent new-to-bank clients and net-new-money have continued to trend upwards, and this expanded talent pool will be instrumental in enhancing our capabilities. We are strategically well-placed to capitalise on the tremendous growth opportunities in Singapore and the broader Southeast Asia region. Our unified cross-border wealth management advisory and one-bank approach of giving clients access to resources of a global bank, can help them grow, manage and preserve their wealth for generations.”

Re-disseminated by  Wealth and Society