Banking conglomerate Standard Chartered appoints James Lye as the head of its international banking division.
Standard Chartered Appoints James Lye as Global Head, International Banking
Standard Chartered has announced the appointment of James Lye as the Global Head of International Banking, effective from November 1, 2022. This latest development in Fintech Singapore News marks a significant step for the international banking sector.
James Lye, with over 20 years of banking experience, will be based in Singapore and will lead the Group International Banking team in driving the bank's international banking business. His new role is a newly created position within Standard Chartered, underscoring the bank's commitment to strengthening its international banking business.
In his previous role at Citibank International Personal Bank Singapore, Lye served as the Head of Markets. During his tenure with Citi, he held various individual client relationship and product roles, as well as regional team leadership roles.
Standard Chartered plans to continue supporting clients by hiring top talent and investing in digitalization for its international banking business. The bank offers international banking services in four locations: Hong Kong, Singapore, Dubai, and Jersey.
The international banking proposition of Standard Chartered caters to clients' cross-border wealth management needs, setting it apart as a truly international bank. The appointment of James Lye is part of these ongoing efforts to further enhance the bank's international banking business.
Raymond Ang, Global Head, Affluent Clients, expressed excitement for Lye's leadership in growing the international banking business. Samir Subberwal, Head of Consumer, Private & Business Banking, Asia, and Global Head, Digital Business, also supported the hiring of Lye, citing the increasing need for cross-border wealth management services.
In his new role, James Lye will be responsible for driving focused execution for the bank's international banking business. His appointment is the latest development in the Fintech Singapore News, signalling a promising future for Standard Chartered's international banking division.
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