Standard Chartered Brings In Three Senior Private Bankers From HSBC In Asia

Tom Burroughes

27 January 2017

has brought in three top-line private bankers from HSBC.

Today, the UK-listed lender announced it has appointed Teddy Kwong to the post of managing director, private banking, having most recently been market head for Hong Kong at the private banking arm of HSBC.

Kwong spent 28 years with HSBC Group in various senior roles covering private and commercial banking, including the position of chief executive of HSBC Macau from 2009 to 2013.
In his new berth, Kwong reports to Vivian Chan, who is regional head, private banking for Greater China and North Asia, Standard Chartered said in a statement. (Chan, whose appointment as regional head, private banking for Greater China and North Asia, was announced in July 2016. Chan, who started in her role on 6 January 2017, has more than 30 years of experience in the business sector.)

In another move, Peter Lam was appointed as MD and deputy market head, private banking, Standard Chartered Bank, it said. Most recently, Lam worked at HSBC Private Bank, where has was a managing director. Lam has almost 30 years of experience with banks including UBS, Citibank and Credit Lyonnais. In his role, he reports to Kwong.

James Ling was appointed executive director and team leader for private banking; he was most recently at HSBC Private Bank as a senior director.

He has 28 years of wealth management experience and has held senior positions in Dah Sing Bank, DBS Bank and Citibank; he reports to Kwong.

As reported earlier in January, the bank appointed Harry Lai, who joins from Barclays, as market head, Greater China and North Asia. This followed the hires of Michael Yong-Haron, formerly at Royal Bank of Canada, and Alex Tse, formerly at Credit Suisse, as market heads for GCNA in August 2016.
The market heads report to Chan.

The bank's wealth advisory business has seen the appointments of Barry Chan from Julius Baer as regional head of investment advisory for Greater China and North Asia in July last year, and Teddy Chu from Credit Suisse as regional head of trust and fiduciary services, GCNA, in December 2016.