Standard Chartered is combining its Greater China & North Asia and ASEAN & South Asia regions as part of changes to create a leaner organization and leverage its competitive advantages, effective 1 January 2021. This will help Standard Chartered facilitate the growing trade and investment flows across Asia, while continuing to pursue strategic opportunities in China’s Greater Bay Area, and capitalize on the wealth and business opportunities in ASEAN presents.
Standard Chartered is also combining its retail banking, private banking, and wealth management units within a new business – Consumer, Private and Business Banking (CPBB). The increased focus on connecting our Asian business will allow us to better serve our corporate and institutional clients as they develop their businesses across these dynamic markets.