Standard Chartered (OTC:SCBFF) has named Daniel Furer as the head of discretionary portfolio management, a strategic move aimed at bolstering the bank's wealth management services in Asia. Furer, who brings over a decade of experience from Credit Suisse, will be based in Singapore, responsible for overseeing the chief investment office fund, flagship portfolios, and customized mandates.
Furer's appointment, effective today, places him at the helm of a critical division within Standard Chartered, where he will concentrate on asset allocation solutions and strategy implementation. His role includes close engagement with the front office and clients, ensuring that the bank's investment strategies are well communicated and adopted.
Reporting directly to Steve Brice, the global Chief Investment Officer (CIO) at Standard Chartered, Furer is expected to leverage his extensive background in investment management to enhance the bank's offerings. His previous tenure at Credit Suisse since 2007, where he managed investment management for Singapore and Asian business development, has equipped him with the insights necessary to navigate the complex investment landscape in the region.
Standard Chartered's decision to appoint a seasoned professional like Furer underscores the bank's commitment to maintaining its position as a trusted international wealth manager in Asia. With Furer at the forefront of discretionary portfolio management, the bank aims to deliver tailored investment strategies that align with the evolving needs of its clients.
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