Standard Chartered Bank has appointed Alastair Pow as global head of Fund Services for the Securities Services business.
In this role, Pow will be responsible for the continued development and deployment of the bank’s funds services offering provided to the asset management community. Consistent with group strategy, particular focus will be placed on providing comprehensive product and delivery solutions for Asia and the emerging market regions.
Pow joins Standard Chartered Bank from the Bank of New York where he headed the Global Fund Services (GFS), Asia Pacific team. Pow brings with him over 13 years experience in the fund services industry.
In his previous roles, Pow was responsible for the establishment of a GFS business in the region; covering traditional, alternative and institutional segregated portfolios, in support of offshore and onshore mandates.
“Alastair’s experience will greatly add to the expertise of the team. We have seen very strong growth in our Securities Services business in the last couple of years. Over the last two months, we have assembled an extremely strong senior leadership team. I am confident that with this team now in place, as well as the product platform capacity and functionality that we are building, we will be even better positioned to grow this business and provide our clients with more value added solutions,” says Neil Daswani, global head of Securities Services, Standard Chartered Bank.
“The prospects for the funds industry in Asia are tremendous and are synchronous with Standard Chartered Bank’s own experience and presence in this part of the world. My main objective is to ensure the continued expansion of the business in a way that delivers clients with well constructed and properly executed service solutions, be it for single markets or across multiple markets,” adds Pow.
Pow joined Standard Chartered Bank earlier this month and will be based in Singapore.