UK banks Standard Chartered and HSBC have named new private banking chiefs for China and the Middle East and North Africa Mena region, respectively.
Ryan Gwee will run China for Standard Chartered Private Bank, replacing Karen Chan, who left the firm in September. Reporting to Rajesh Malkani, head of the East region, Gwee moves to Shanghai from Hong Kong, where he was head of relationship management, key partnerships and Southeast Asia.
Having been with Standard Chartered for more than a decade, he has held several management positions in Hong Kong and Singapore.
Malkani says China is one of SCPB’s most important markets, with almost 500,000 high-net-worth individuals with close to $2.5...