Standard Chartered appoints two new private bank bosses as part of hiring spree

William Turvill
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Standard Chartered has made more than 50 private bank hires since the end of 2016 (Source: Getty)

Standard Chartered today announced two senior hires as part of an expansion in its private bank.

Joining from UBS, Demir Avigdor will be managing director and market head for Standard Chartered Private Bank in Africa and Europe.

Avigdor will report to Ian Gibson, regional head for Africa, the Middle East and Europe. Gibson said: “Across our network we’re investing in our private banking business, and building our talent and expertise.

“As such I’m delighted to have Demir join the team. He brings with him a wealth of experience and will be key to building our franchise in Africa and Europe.”

The bank also today announced the appointment of Michelle Ho as managing director for China and North Asia.

The appointments come after Standard Chartered Private Bank announced a series of job moves last week. The bank has made more than 50 private bank hires since the end of 2016.

Read more: Standard Chartered share price flops as lack of dividend disappoints

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