Commonplace Chartered introduced the appointment of veteran banker James Lye as World Head, Worldwide Banking, efficient 1 November 2022.
On this newly created function, James will lead the Group Worldwide Banking workforce and drive centered execution to drive the financial institution’s worldwide banking enterprise.
James shall be based mostly in Singapore, reporting to Raymond Ang, World Head, Prosperous Purchasers, and Samir Subberwal, Head, Shopper, Personal & Enterprise Banking, Asia, and World Head, Digital Enterprise.
James brings with him over 20 years of banking expertise. He was most 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 varied particular person consumer relationship and product roles to regional workforce management roles.
Commonplace Chartered presently provides 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 mentioned,
“Our Worldwide Banking proposition solutions purchasers’ cross-border wealth administration wants. It enhances the suite of prosperous banking companies that serves purchasers throughout Asia, Africa and the Center East and differentiates Commonplace Chartered as a really worldwide financial institution. I’m wanting 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 growing worldwide mobility is a development that’s right here to remain. We have now doubled our worldwide banking workforce within the final three years and can proceed to assist our purchasers by hiring the very best skills and enhancing our Worldwide Banking proposition by investments in digitalisation.”
