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Standard Chartered names Peter Tung as Regional Head of Private Banking, Greater China & North Asia

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To expand Standard Chartered's private banking business in the GCNA region, Peter is in charge of managing the staff of relationship managers. He answers to Raymond Ang, the global head of private and wealthy clients, and Mary Huen, the CEO of Hong Kong. Peter serves on the Hong Kong Management Committee as well.

With nearly 30 years of experience overseeing UHNW and family offices in Hong Kong and Mainland China, Peter is an accomplished private banker. He developed his career by leading the 'Billionaire' coverage teams as the UHNW Region Head of Greater China for UBS and developing teams to expand the Private Wealth Management business at Morgan Stanley, which served UHNW/family office clients.

Peter moved from DBS Hong Kong, where he served as the Treasures Private Clients and Greater China Region Private Bank Head, to Standard Chartered. His undergraduate degree from the University of California, Berkeley was in Economics, and he also has an MBA from Columbia Business School in Corporate Finance.

Leading global banking group Standard Chartered serves clients in 142 markets with a network in 59 of the most active markets in the world. The markets along the Standard Chartered network's corridor share “Belt and Road” exceeds 75%. Standard Chartered's mission is to harness unique diversity to promote business prosperity and human well-being. Standard Chartered's cultural heritage and corporate value are fully reflected in the brand promise - "here for good".

The London and Hong Kong stock exchanges both list Standard Chartered plc.

Since opening its first branch in Shanghai in 1858, Standard Chartered, one of the foreign banks with the oldest histories in China, has never stopped conducting business there. Standard Chartered Bank (China) Co., Ltd. joined the first group of foreign banks to be locally incorporated in April 2007. Nearly 30 coastal and inland towns are currently serviced by Standard Chartered China's business outlets, which amply indicates the bank's dedication to the Chinese market over the long term

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