Published by Wealth Briefing Asia – 30th September 2016
Stephen Richards Evans, global head, UHNW at Standard Charted’s private bank, and market head, Indonesia, is leaving the post, this publication can exclusively report. He has been based in Singapore.
This publication understands that his move is part of a series of changes put in place at Standard Chartered in the wake of the appointment in July of former senior Barclays manager Srinivas (Srini) Siripurapu as regional head, private banking, ASEAN and South Asia, and as global head, non-resident Indian clients. Siripurapu took over the regional leadership for ASA from Peter Kok, whose role was then combined within the former’s expanded remit.
This news service contacted Standard Chartered yesterday seeking comment; at the time of going to press, the bank had not responded to emails or calls. This publication will update in due course where necessary.
Evans, who was appointed to his head of global UHNW role in October 2014, will be succeeded by Andrew Ho, who for 10 years was at UBS Wealth Management as country head for Indonesia, this publication understands. Prior to that, he worked at Citigroup’s private bank.
Evans was appointed to the UK-listed lender, which earns the bulk of its revenues in regions such as Asia, in 2007 to establish and lead its private banking activities in North Asia. From winter 2010 he led the bank’s private banking activities in the Western Hemisphere based out of Dubai. He has been working in banking and finance for more than 30 years, holding roles in the UK, Germany and Italy. For more than 22 years he held senior private banking roles in Asia and the Middle East, working from locations such as Dubai, Hong Kong and Singapore. Before he joined Standard Chartered, Evans held roles for Lloyds Bank, culminating in his appointment as CEO Asia in 2000. Subsequently he held roles in HSBC Private Bank – including managing director in Singapore followed by a regional CEO role based in the Middle East in Dubai, according to Standard Chartered’s website.
