• About
  • Advertise
  • Privacy & Policy
  • Contact
Saudia Times
Advertisement
  • Home
  • Africa
  • Business
  • Europe
  • Finance
  • latest news
  • Middle East
  • Politics
No Result
View All Result
  • Home
  • Africa
  • Business
  • Europe
  • Finance
  • latest news
  • Middle East
  • Politics
No Result
View All Result
Saudia Times
No Result
View All Result
Home Finance

StanChart’s Judy Hsu to head new global unit amid changes in organisation structure

admin by admin
September 10, 2020
in Finance
0
StanChart’s Judy Hsu to head new global unit amid changes in organisation structure
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Thu, Sep 10, 2020 – 5:39 PM

STANDARD Chartered veteran Judy Hsu will be moved to a global role from Jan 1, 2021. She will take charge of a new consumer, private and business banking (CPBB) business under a slew of changes in the bank's organisation structure.

The CPBB business is a combination of the group's individual clients and related products; it includes retail banking, private banking and wealth management.

Ms Hsu, currently the regional chief executive for Asean and South Asia, will be responsible for growing the affluent client base, for whom StanChart manages assets worth over US$200 billion. She will also develop the group's mass-market digital banking solutions and deliver further efficiencies, said the bank in a statement.

She will continue to be based in Singapore in her new role. With her appointment, both the global business CEOs overseeing all the banks business lines will be based in Singapore. Simon Cooper, now the chief executive for Corporate, Commercial & Institutional Banking (CCIB), is already based here.

Ms Hsu will hand over her Asean and South Asia portfolio, which will be subsumed under a new Asia regional chief executive role led by the Hong Kong-based Ben Hung. He is now regional chief executive for Greater China and North Asia and also the chief executive for Retail Banking and Wealth Management.

Stay updated with
BT newsletters

The bank said that this will enable the group to better leverage its international network to facilitate increasing trade and investment flows across Asia, while continuing to pursue opportunities in China's Greater Bay Area, and to capitalise on the wealth and business opportunities Asean presents.

Tracy Clarke, regional chief executive for Europe and the Americas and chief executive, Private Bank, will retire at the end of this year to focus on her external board roles. The group's business in the region mostly enables the region's corporate and institutional clients to utilise its network through Asia, Africa and the Middle East.

Torry Berntsen, now the chief executive for the Americas, will helm Europe and the Americas. He will report to Mr Cooper, who will have overall oversight of the region.

Bill Winters, group chief executive of StanChart, said that these changes will strengthen the bank's business with individual clients, "supporting growth in all aspects of this profitable and differentiated business".

"Separately, the increased focus on connecting our Asian bRead More – Source

businesstimes
Previous Post

Covid-19 renews Asia’s focus on sustainable investing: UBS

Next Post

New accountability guidelines seek updated succession plans from financial firms: MAS

admin

admin

Next Post
New accountability guidelines seek updated succession plans from financial firms: MAS

New accountability guidelines seek updated succession plans from financial firms: MAS

Stay Connected test

  • 111 Followers
  • 51.3k Followers
  • 121k Subscribers
  • 23.5k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Surrender deadline nears as Ethiopia prepares Tigray attack

Surrender deadline nears as Ethiopia prepares Tigray attack

November 25, 2020
Saudi foreign minister receives UN special envoy to Syria

Saudi foreign minister receives UN special envoy to Syria

November 25, 2020
Jobless aid for nearly 14 million Americans to expire the day after Christmas

Jobless aid for nearly 14 million Americans to expire the day after Christmas

November 25, 2020
‘The Flight Attendant’ serves up a fun trip thanks to Kaley Cuoco

‘The Flight Attendant’ serves up a fun trip thanks to Kaley Cuoco

November 25, 2020
Iraq’s Kurdistan offers to freeze independence referendum results

Iraq’s Kurdistan offers to freeze independence referendum results

0
Outcry over naming Mugabe WHO ambassador

Outcry over naming Mugabe WHO ambassador

0

Somalia bombings: Death toll climbs to 358

0

At least 16 Egyptian police officers killed while raiding hideout

0
John Lewis boss calls for Covid-style cost of living aid package

John Lewis boss calls for Covid-style cost of living aid package

May 12, 2022
Finland to apply for Nato membership ‘without delay’

Finland to apply for Nato membership ‘without delay’

May 12, 2022
Shireen Abu Aqla: UN chief appalled at Al Jazeera reporter’s killing

Shireen Abu Aqla: UN chief appalled at Al Jazeera reporter’s killing

May 12, 2022
Apple loses position as most valuable firm amid tech sell-off

Apple loses position as most valuable firm amid tech sell-off

May 12, 2022

Recent News

John Lewis boss calls for Covid-style cost of living aid package

John Lewis boss calls for Covid-style cost of living aid package

May 12, 2022
Finland to apply for Nato membership ‘without delay’

Finland to apply for Nato membership ‘without delay’

May 12, 2022
Shireen Abu Aqla: UN chief appalled at Al Jazeera reporter’s killing

Shireen Abu Aqla: UN chief appalled at Al Jazeera reporter’s killing

May 12, 2022
Apple loses position as most valuable firm amid tech sell-off

Apple loses position as most valuable firm amid tech sell-off

May 12, 2022
Saudia Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Business
  • Europe
  • Finance
  • latest news
  • Middle East
  • Politics
  • Uncategorized

Recent News

John Lewis boss calls for Covid-style cost of living aid package

John Lewis boss calls for Covid-style cost of living aid package

May 12, 2022
Finland to apply for Nato membership ‘without delay’

Finland to apply for Nato membership ‘without delay’

May 12, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Africa
  • Business
  • Europe
  • Finance
  • latest news
  • Middle East
  • Politics

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.