Consumer banking company Standard Chartered has announced the appointment of James Lye as its global head of international banking. The appointment of Lye, who has over two decades of banking experience, will come into effect from November 1.
Standard Chartered is among the leading international banking groups across the globe, and has a presence in over 60 of the world’s most dynamic markets.
Lye will be based in Singapore in this newly-created role. He will be in-charge of leading the group’s international banking team and also drive “focused execution to charge the bank’s international banking business”.
He shall be reporting to Raymond Ang, Standard Chartered’s global head of affluent clients, and Samir Subberwal, head of consumer, private and business banking for Asia.
International banking is currently offered by Standard Chartered in four of the bank’s cross-border hubs, namely Singapore, Hong Kong, Dubai and Jersey.
In a press statement, the bank spoke about the growing need among affluent clients to manage their wealth across different jurisdictions. This is largely because of increasing intergenerational and international mobility. “This is a trend that is here to stay,” said Subberwal, who is also the global head of digital business.
He also noted Standard Chartered has doubled its international banking team over the course of the last three years.
“Our international banking proposition looks at answering the cross-border wealth management needs of our clients. It also complements affluent banking services that serves clients across Asia, Africa and the Middle East,” commented Ang.