IFR Asia - November 04, 2017

Credit Suisse APAC profits rise

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THOMAS BLOTT

Please send job moves to

[email protected]

Coach and

Glencore to delist

from Hong Kong

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ANNE MARIE ROANTREE

WHO’S MOVING WHERE...

„ STANDARD CHARTERED has named Ben Hung,
chief executive for the Greater China and North
Asia region, to the additional role of global retail
banking chief, effective November 30.
Current retail banking CEO and group head for
brand and marketing Karen Fawcett, who joined
StanChart in 2001, will retire at the end of the
year, the bank said last Tuesday.
The bank’s Singapore chief executive Judy Hsu
will take on responsibility for the ASEAN and

South Asia (ASA) region from Anna Marrs in the

fourth quarter of 2018. As a first step, Hsu will

take over responsibility for Malaysia, Thailand

and Vietnam, and join the group management

team, both with immediate effect.

Marrs will remain CEO of commercial banking,

private banking and wealth management, as

well as ASA CEO. Hsu will continue reporting to

her in relation to her ASA region responsibilities

and will also report to group CEO Bill Winters as

a management team member.

Tracey McDermott, group head for corporate,

public and regulatory affairs, will take over

responsibility for brand and marketing.

„ Veteran loan banker Benjamin Wong has left

CATHAY UNITED BANK after just eight months.

He joined the Taiwanese bank’s Hong Kong

branch in February as head of corporate banking

with responsibility for business from companies

in Hong Kong. His last day was October 31.

Prior to joining Cathay United, Wong was with