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StanChart Singapore Officially Welcomes Global Wealth CEO

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Standard-Chartered
Standard Chartered
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Standard Chartered officially welcomes the new successor to the bank’s global wealth management business.

Marc van de Walle joins Standard Chartered in his new role, effective immediately, as global head of wealth management. In his Singapore-based role, van de Walle reports to Benjamin Hung, regional CEO of Greater China and North Asia, and CEO of retail banking and wealth management, according to a statement.

The appointment was first announced in June just two months after van de Walle left his last employer, OCBC.

At OCBC, van de Walle was last its head of wealth management and, concurrently, the global head of product within its private wealth arm Bank of Singapore. Van de Walle has experience with managing global products that support a full range of client segments from retail to private banking.

Predecessor Role

Van de Walle replaces Didier von Daeniken who was the former global head of private banking and wealth management at Standard Chartered. Moving forward, von Daeniken will focus solely on running the private banking unit.

Having led both businesses since joining the Bank in 2016, [von Daeniken] has taken the Private Bank through a successful transformation and achieved three successive years of income growth,» the bank said.

In 2019, the Private Bank recorded strong double-digit income and asset under management growth. [von Daeniken’s] dedication to building the Wealth Management business has enabled the Bank to grow its affluent business through supporting both the Retail Bank and Private Bank.» the bank further stated.

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