Judy Hsu has joined Standard Chartered Bank as group head for wealth management, based in Singapore.
Hsu will be responsible for implementing the enterprise-wide consumer banking wealth management strategy at Standard Chartered across customers of the private bank, premium bank, small- and mid-sized enterprises and the personal bank. Her area of coverage will span wealth management products and advisory models, namely investment, treasury and insurance.
Hsu joins from Citi where she was most recently regional head of retail banking for Asia and country business manager for the international personal bank in Singapore. In that role, she was responsible for developing the retail banking business, the wealth management proposition, as well as the profit and loss of the international banking business. In all, Hsu spent 18 years at Citi.
In her new role at Standard Chartered, Hsu will continue to be based in Singapore and will report to Steve Bertamini, group executive director and chief executive officer for consumer banking. She takes over from Bryan Henning who has left Standard Chartered.
A Citi spokesperson said Hsu's replacement will be announced early next year. In 2008 Citi appointed Jonathan Larsen as country head in Singapore, responsible for the consumer, institutional and wealth management businesses. In October this year Larsen was promoted to head Asia-Pacific consumer banking and global cards for Citi, based in Hong Kong. His replacement in Singapore has also yet to be announced.