Normal Chartered introduced the appointment of veteran banker James Lye as World Head, Worldwide Banking, efficient 1 November 2022.

On this newly created position, James will lead the Group Worldwide Banking crew and drive centered execution to drive the financial institution’s worldwide banking enterprise.

James might be primarily based in Singapore, reporting to Raymond Ang, World Head, Prosperous Purchasers, and Samir Subberwal, Head, Client, Non-public & Enterprise Banking, Asia, and World Head, Digital Enterprise.

James brings with him over 20 years of banking expertise. He was most just lately Head of Markets for Citibank Worldwide Private Financial institution Singapore – a enterprise unit specialising in offshore funding and wealth administration services to high-net-worth people residing exterior of Singapore.

His tenure with Citi has seen him develop his profession by way of numerous particular person consumer relationship and product roles to regional crew management roles.

Normal Chartered at the moment gives worldwide banking in 4 of the highest cross-border hubs globally, specifically Hong Kong, Singapore, Dubai, and Jersey.

Raymond Ang

Commenting on the appointment, Raymond Ang stated,

“Our Worldwide Banking proposition solutions shoppers’ cross-border wealth administration wants. It enhances the suite of prosperous banking companies that serves shoppers throughout Asia, Africa and the Center East and differentiates Normal Chartered as a very worldwide financial institution. I’m trying ahead to having James on board to steer and take the enterprise to better heights.”

Samir Subberwal

Samir Subberwal added,

“Elevated cross-border wealth administration wants arising from rising worldwide mobility is a development that’s right here to remain. We have now doubled our worldwide banking crew within the final three years and can proceed to assist our shoppers by hiring the most effective abilities and enhancing our Worldwide Banking proposition by way of investments in digitalisation.”