Standard Chartered appoints global head of Sales, Financing & Securities Services

Standard Chartered has appointed Simon Kellaway as global head of Sales, Financing & Securities Services (FSS) effective from June 13, according to a media release. The appointment sees Kellaway supersede former head Luke Brereton, who left the bank last year, a spokesperson for the bank told FinanceAsia.

Based in Hong Kong, Kellaway will report to Margaret Hatwood-Jones, global head of FSS and Sharad Desai, global head of Financial Institution Client Coverage and global head of Financial Markets Sales & Structuring.

Kellaway joined the bank in 2019 as regional head, Greater China & Northeast Asia for FSS. He has since been responsible for business development, relationship management, client service, product development, and core operational delivery across China, Hong Kong, Korea, Taiwan, and Japan.

He was instrumental in leading Standard Chartered’s 100% acquisition in January of the Royal Bank of Canada (RBC)’s Hong Kong business, the RBC Investor Services Trust, which was aimed at enhancing the bank’s security services capabilities and client base in the region. Through his new appointment, Kellaway will continue to lead similar strategic initiatives for the bank’s FSS function whilst also addressing client needs across emerging and frontier markets throughout Asia, Africa, and the Middle East.

Prior to joining Standard Chartered, Kellaway served as RBC’s chief operating officer for its Global Client Coverage & Global Client Operations divisions.

In May, Standard Chartered joined the likes of HSBC and JP Morgan through the purchase of digital property in the metaverse. The bank acquired a plot of virtual land within The Sandbox’s Hong Kong-themed Mega City. Mary Huen, chief executive for Hong Kong, explained in the release that the bank’s decision to enter the metaverse as “a natural choice”, adding that it “fits with our promise of strengthening our continued presence in Hong Kong, whether physical or virtual.”

In April, the bank supported Leo Paper Group’s obtaining of its first sustainability-linked trade finance credit facility across Hong Kong, Mainland China, and Vietnam.

The Standard Chartered spokesperson was unable to provide further comments on Kellaway’s appointment.