Standard Chartered Private Bank has strengthened its South Asia presence with eight new hires for its Global South Asian Community (GSAC) team.
Murtaza Gilani joins as senior vice-president, team leader, GSAC, Private Banking. He has experience in wealth management for affluent and high-net-worth clients in South Asia and the Middle East, and has held senior positions in other financial institutions like Samba Financial Group and NIB Bank.
Gilani was most recently senior vice-president at DBS. He will report to Srinivas Siripurapu, regional head, Private Banking, ASEAN & South Asia, and global head, GSAC.
Hussain Poonawalla is appointed as managing director, team leader, GSAC, Private Banking. Poonawalla brings private banking experience from several institutions, including most recently from DBS. He also reports to Srinivas Siripurapu.
Rahul Chowdhury, Sujit Pillai, Richu Singh are all appointed to the role of executive director, relationship manager, GSAC, Private Banking. Rahul Gopalakrishnan, Sonam Gupta and Kunal Mukherjee are all taken on board in the capacity of director, relationship manager, GSAC, Private Banking.
These additions come hard on the heels of the appointment of Stephen Atkinson as regional head, Private Banking, Europe, Middle East and Africa (EMEA) and global head, Private Banking Referrals.
Standard Chartered’s GSAC division covers non-resident South Asian clients out of three booking centres – Singapore, Dubai and London.
The lender’s private banking unit, which manages close to $60bn assets globally, last week announced that it had recorded losses before taxation of $5m for the first half of the year.