The Hindu Business Line : Standard Chartered Pvt Bank to hire 100 relationship managers

MUMBAI: The Standard Chartered Private Bank plans to hire 100 relationship managers globally within the next 12 months, to further accelerate its operations in its fast-growing markets.

The private bank currently has 350 relationship managers globally and the new recruitment will support planned expansion in its key markets in Asia, Europe and the Middle-East, in response to increasing demand from high net-worth individuals, a press rel ease issued here said.

The Standard Chartered Private Bank's Global Head Mr Peter Flavel said that “as we are seeing a continuing increase in client demand for our private banking services, we will continue to invest in attracting talent to further strengthen our proposition.”

Mr Flavel said that “the current market dislocation is highlighting distinct opportunities for The Standard Chartered Private Bank. We are seeing `flight to quality' in terms of liquidity across our markets. It has given us an opportunity to get closer t o our clients and increase the depth of our relationships.” - PTI

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