Standard Chartered appoints Marc van de Walle as Global Head of Wealth Management

Maria Nikolova

The appointment is effective July 6, 2020, subject to regulatory approval.

Standard Chartered today announced the appointment of Marc van de Walle as Global Head, Wealth Management. The appointment is effective July 6, 2020, subject to regulatory approval.

Marc van de Walle will be based in Singapore and will report to Benjamin Hung, Regional CEO Greater China & North Asia, CEO Retail Banking and Wealth Management.

Marc van de Walle joins from Bank of Singapore, where he was most recently Senior Managing Director and Global Head of Products and was concurrently Head of Wealth Management for OCBC. He has vast experience in the banking industry, including running global products that support both Bank of Singapore’s private banking and OCBC’s retail clients, corporate strategy and business transformation.

Didier von Daeniken, currently Global Head, Private Banking and Wealth Management, will focus his time fully on running the Private Banking business from July 6, 2020. Having led both businesses since joining the Bank in 2016, Didier von Daeniken has taken the Private Bank through a successful transformation and achieved three successive years of income growth. In 2019, the Private Bank recorded strong double-digit income and asset under management growth.

Standard Chartered praised Didier von Daeniken’s dedication to building the Wealth Management business which has enabled the bank to grow its affluent business through supporting both the Retail Bank and Private Bank.

Read this next

Digital Assets

Cboe can save up to $15 million by closing crypto exchange

“Refocusing our digital asset business enables us to refine our strategy, leveraging our core strengths in derivatives, technology excellence and product innovation to help maximize opportunities for our business and deliver efficiencies for Cboe and our clients.”

Fintech

Sumsub adopts Europe’s new KYC standards for crypto

“Businesses are facing a rising regulatory tide where properly preparing for compliance is crucial. There is now a simple choice, whether to implement solutions that can deliver this, or instead risk significant financial and reputational damages.”

Chainwire

Bybit Web3 Launches Industry’s First Bitcoin Layer 2 Airdrop Campaign, Paving the Way for a New Bitcoin Era

Bybit, one of the world’s top three crypto exchanges by volume, is excited to announce that Bybit Web3 is launching the industry’s first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade.

Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

Digital Assets

El Salvador refutes rumors of Bitcoin wallet hack

Chivo Wallet, El Salvador’s official cryptocurrency wallet, has dismissed reports of a hack involving its software source code and the data of over 5 million users associated with its KYC (Know Your Customer) procedures.

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

<