Barclays’ Siripurapu to StanChart Private Bank as Asia regional head

Barclays’ Siripurapu to StanChart Private Bank as Asia regional head

Standard Chartered has named Srinivas Siripurapu to head up its private banking operations in the Asean and South Asia (ASA) region, and to oversee its global non-resident Indian business.

Siripurapu comes to Standard Chartered from Barclays, where he most recently was in charge of that bank’s southeast Asia, global south Asian community and African offshore operations.

Prior to joining Barclays he worked for such other institutions as UBS in Singapore and ABN Amro in India.

As ASA regional head, Siripurapu succeeds Peter Kok, who is leaving Standard Chartered, the company said in a statement today. It didn’t say where Kok was going.

Siripurapu will be based in Singapore and reports to Didier von Daeniken, global head of private banking and wealth management at Standard Chartered, the bank said.

Von Daeniken said Standard Chartered thanked Kok “for his leadership and valued contribution to the private banking business over the last two years”.

Although its parent is based in London, Standard Chartered Private Bank is headquartered in Singapore, and operates out of 11 offices – including two trust offices – across Asia, Africa, Middle East and Europe. It was launched in May 2007, and acquired American Express Bank Ltd in 2008.

Standard Chartered Plc is listed on the London and Hong Kong stock exchanges as well as the Bombay and National stock exchanges in India.