Press Release
Standard Chartered Bank hires senior Securities Services Operations specialist to join its Transaction Banking Team
Region: South East Asia Published by:
Hsueh-Mei Tan
Date:
10 April 2008
Cash
Standard Chartered Bank today announced the appointment of Peter Wells as Senior Manager, Securities Network Management for the Securities Services business.
Peter joins the Securities Operations Network team in Singapore and will be responsible for driving greater excellence and consistency across both process and systems within Standard Chartered Bank’s Securities Operations Network, including the development of a target operating model for this infrastructure.
Peter joins the Bank from HSBC, where he managed core service delivery and central support services for HSBC’s sub-custody network. Prior to this, Peter worked with JPMorgan in network management and operational roles based in Hong Kong, Tokyo, and Sydney. Peter has 14 years of experience in the Security Services industry, including tenure in securities operations, network management, operational risk and quality management, and business improvement.
Commenting on this recent hire, Neil Daswani, Global Head of Securities Services for Standard Chartered Bank said, “As a part of our key objective of growing the senior management bench strength within the Securities Services team at Standard Chartered, I am delighted that we have hired Peter Wells who joins us from the Hong Kong and Shanghai Bank. Peter will be an integral member of the top team focusing on strategic projects such as the future target operating model and various process redesign and other change management initiatives for the business.”
On joining Standard Chartered Bank, Peter Wells shared, “Standard Chartered’s Securities Services business is mature, well-respected, and growing at a tremendous pace. I feel privileged to join the management team which will take the Securities Services business model to the next level for its clients. Since joining, I’ve been impressed with the depth of talent at all levels of Securities Services, and the strong commitment Standard Chartered has to this business.”
Peter Wells joined Standard Chartered Bank earlier this month and will be based in Singapore.
For further information, please contact:
Hsueh-Mei Tan
Corporate Affairs, Standard Chartered Bank
Tel: + 65 67257729
E-mail: tan.hsueh-mei@standardchartered.com
Cynthia Tan
Corporate Affairs, Standard Chartered Bank
Tel: +65 64275354
E-mail: Cynthiapl.Tan@standardchartered.com
Notes to Editors
Standard Chartered - leading the way in Asia, Africa and the Middle East
Standard Chartered PLC, listed on both the London Stock Exchange and the Hong Kong Stock Exchange, ranks among the top 25 companies in the FTSE-100 by market capitalisation. The London-headquartered group has operated for over 150 years in some of the world’s most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and the number of employees have more than doubled over the last five years primarily as a result of organic growth and supplemented by acquisitions.
Standard Chartered aspires to be the best international bank in its markets by being the right partner for its stakeholders and leading by example. The group now employs over 73,000 people, representing some 115 nationalities, in more than 1,700 branches and outlets located in over 70 countries. The bank generates more than 90 per cent of its profits from Asia, Africa and the Middle East, with balanced income derived from both Wholesale and Consumer Banking.
The group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. For more information, please visit: www.standardchartered.com
Standard Chartered Bank – Wholesale Banking
Headquartered in Singapore and London, with a delivery footprint that spans our network, Standard Chartered’s Wholesale Banking business provides corporate and institutional clients with trade finance, cash management, securities, foreign exchange and risk management, capital raising and corporate finance solutions.
Building on a rich history of over 150 years in Asia, Africa and the Middle East, our Wholesale Banking team is noted in the industry for its unmatched on-the-ground expertise, its relationship-focused approach to business and a solid track record of innovation, award-winning and customer centric solutions.
About Transaction Banking
As part of the Bank’s Wholesale Banking business for Corporates and Institutions, Transaction Banking provides Cash Management, Securities Services and Trade Services to clients for and in Asia, Africa and the Middle East. The business provides a full suite of transactional products and also serves as a bridge to these markets for clients from the U.S and Europe. A leading provider of Transaction Banking services, some highlights of the Bank’s external recognition are as follows:
- Top 4 Cash Management Bank globally in Euromoney’s Cash Management Poll
- Top-Rated Sub-Custodian by Global Custodian magazine
- Best Structured Trade Finance Bank by The Asset magazine
- Best Bank for Liquidity Management in Africa by Global Finance
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