Standard Chartered bolsters Singapore private banking with new hires

The bankers hail from UBS, HSBC, Credit Suisse, and Deutsche Bank.

Standard Chartered has appointed a new managing director and executive director for its Private Bank business in Singapore.

Nicholas Cheng has recently been appointed as managing director, head of Private Markets Group. He reports to Foo Tian Ong, regional head, Private Banking, Southeast Asia and Singapore location head.

Hedi Dorai, Au Soo Leng, and Angelina Wee have also been named as executive directors, relationship manager, joining Standard Chartered in June. Dorai was most recently with Credit Suisse; Leng was a private banker from HSBC; and Wee joined from UBS.

Royston Ow Yong has been named managing director, team lead. He joins from UBS.

Hong Shuqin and Gabriel Koh will join Standard Chartered as director, relationship manager and associate director, relationship manager, respectively. Shuqin was most recently with Deutsche Bank, and Koh joins from UBS.

Sarah Lim will join from UBS as head, Investment Advisory.