StanChart appoints two new private banking heads

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SINGAPORE – Standard Chartered (StanChart) has appointed veteran banker Foo Tian Ong as regional head of Southeast Asia and Singapore head of private banking, with effect from December.

With over two decades of private banking experience, Mr Foo will be joining the bank from UBS, where his most recent role was business sector head for various markets including Thailand, the Philippines, and Vietnam, said StanChart on Friday.

Separately, StanChart has expanded Mr Vinay Gandhi’s role to cover a wider region as global head of the South Asian community and regional head of Africa, the Middle East, and Europe under the private banking segment.

Mr Gandhi’s new appointment will be effective from the start of 2024.

The bank noted that Mr Gandhi has led robust growth in Singapore’s private banking business as regional head of ASEAN and global head of the South Asian community over the past two years.

Mr Raymond Ang, global head of private and affluent banking at StanChart, highlighted that the reshuffle of the bank’s management in wealth planning and corporate solutions partners space is intended to strengthen the bank’s proposition for clients, with added experiences to the senior bench.

In September this year, the bank appointed Mr Mike Tan as global head of wealth planning and family advisory.

Mr Fred Leung joined as head of solutions partners earlier this year, leading the corporate solutions segment for ultra-high-net-worth individuals globally. THE BUSINESS TIMES

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Edmund Shing, PhD

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BNP Paribas Wealth Management

Edmund has over 29 years of experience in financial markets in a wide variety of positions, ranging from proprietary trading to portfolio manager in a number of financial institutions in London and Paris.  He previously held the role of Global Head of Equity and Derivative Strategy at BNP Paribas in London from 2015 to 2020, and has been Chief Investment Officer at BNP Paribas Wealth Management since November 2020.

Edmund is responsible for piloting our investment strategy and will continues to rollout out recommendations and themes with actionable advice that brings our expertise to our clients and support to our client-facing teams.  In this time of change, his expertise in following and anticipating markets is a true value added for both our customers and those at Wealth Management who serve them.

Edmund has a PhD in Cognitive and Computing Science from the University of Birmingham in the United Kingdom, and has done advanced studies in Knowledge-Based Systems and in Experimental Psychology.  He is an EFFAS-certified financial analyst. He has also authored the book “The Idle Investor” published by Harriman House in 2015, proposing 3 simple investment strategies that take only a few minutes to execute per month.

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