Why Is StanChart Hiring Rivals for Its Asia Wealth Team?

Why Is StanChart Hiring Rivals for Its Asia Wealth Team?

The fierce competition for affluent clients in Asia has prompted Standard Chartered to make a decisive strategic maneuver, poaching top-tier talent directly from its most formidable rivals in a bid to significantly enhance its wealth management capabilities. This calculated investment in human capital involves the appointment of two highly experienced strategists from UBS Global Wealth Management and JP Morgan Asset Management, who will join the bank’s global chief investment office (CIO). The move underscores a broader industry trend where expert-led advisory is becoming the key differentiator in attracting and retaining high-net-worth individuals. By integrating seasoned professionals into its core investment team, the bank aims to elevate the quality and consistency of its client advice, solidifying its position as a leading international wealth manager in a region experiencing unprecedented growth in private wealth. This is not merely about filling positions but about strategically acquiring deep, specialized knowledge to navigate increasingly complex global markets.

Fortifying Equity Strategy with Tech and AI Expertise

The appointment of Sundeep Gantori as Chief Investment Officer, Equities, based in Singapore, represents a significant enhancement of the bank’s capabilities in a critical and rapidly evolving sector. Gantori brings nearly two decades of experience, joining from UBS Global Wealth Management, where he was a distinguished CIO equity strategist. His expertise is particularly noteworthy, as he specialized in the global technology sector, covering high-growth areas such as semiconductors, software, and IT services. Moreover, his recent responsibility for managing a global artificial intelligence portfolio at UBS positions him at the forefront of one of the most transformative investment themes. In his new capacity, Gantori is tasked with leading the equity strategy team and, crucially, driving the adoption of its offerings among clients. This hire signals Standard Chartered’s clear intention to provide its clients with sophisticated, forward-looking insights into technology and AI, areas that are increasingly central to modern investment portfolios and long-term wealth creation.

Deepening Fixed Income and Institutional Acumen

To complement its strengthened equity division, Standard Chartered has also appointed Jonathan Liang as Chief Investment Officer for Fixed Income & FX, a move that brings institutional-grade expertise to its wealth management platform. Based in Hong Kong, Liang arrives with an impressive track record spanning over 25 years in the investment industry. His most recent role was at JP Morgan Asset Management, where he served as the Head of Asia ex-Japan Investment Specialists for the global fixed income, currency, and commodities group. This position involved advising some of the world’s most sophisticated institutional clients, including sovereign wealth funds and central banks, on complex investment strategies. At Standard Chartered, he will now lead the strategy teams responsible for fixed income, foreign exchange, and commodities. This appointment is a clear effort to translate the rigor and depth of institutional investment management into actionable advice for the bank’s affluent private clients, offering them access to a level of insight typically reserved for major financial institutions.

The Strategic Core of an Expert-Led Advisory

These high-profile hires, both of whom will report to Global Chief Investment Officer Steve Brice, were more than just individual additions; they represented a fundamental reinforcement of Standard Chartered’s overarching strategy. The bank made a clear statement that it was placing deep, specialized expertise at the very core of its wealth advisory services. This deliberate consolidation of talent within the CIO team was designed to foster a consistent, house-view-driven approach to client advice, ensuring that all clients received the same high caliber of market analysis and strategic guidance, regardless of their location. By poaching seasoned leaders from direct competitors known for their robust investment platforms, Standard Chartered signaled its ambition not just to compete but to lead in the Asian wealth management space. This calculated investment in intellectual capital was a pivotal step toward solidifying its reputation as a premier international wealth manager, one that prioritized expert insight as its primary value proposition to an increasingly discerning client base.

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later