Standard Chartered’s inaugural Global Family Network Forum in Hong Kong hosts 200 international guests from more than 10 markets

Affirms support for global UHNW individuals and families

Hong Kong – Standard Chartered Global Private Bank (“Standard Chartered” or “the Bank”) hosts some 200 international clients and guests, from Greater China, Southeast Asia, the United Arab Emirates, United Kingdom, as well as United States, at its inaugural Global Family Network Forum in Hong Kong. The Bank’s guests include 80 global ultra high-net-worth (UHNW) families of which 50 families have flown in from overseas for the event.

Standard Chartered’s closed door client event titled “Connecting families, celebrating life’s work” opened with a gala dinner on 15 October followed by a full-day conference on 16 October. Several key members of Standard Chartered’s Group Management Team attended the event which gathers the world’s leading UHNW families to discuss topics that matter to their enduring life’s work. The event also enabled like-minded UHNW families to network, share their experiences and glean insights which they can learn and apply to their families’ wealth journeys. Additionally, the event presented a platform for global UHNW families to explore setting up family offices in Hong Kong as a gateway to Mainland China.

In his keynote speech at the gala dinner, the Financial Secretary for the Hong Kong Special Administrative Region, Paul Chan, said: “Hong Kong is Asia’s leading international financial centre and asset and wealth management hub. Many asset and wealth management firms are expanding their presence in Hong Kong. Some sector members commented that Hong Kong might well become the world’s first in the asset management business by 2027.”

“A world of ultra-high-net-worth families and individuals have gathered in Hong Kong for a good reason. For you can place your wealth, here for good.”

Mr Chan remarked that Hong Kong’s unique strengths under “one country, two systems” and staunch support from the country, diverse investment offerings and opportunities, and the lasting impact that can be made by family offices in philanthropy are among the good reasons why family offices should choose Hong Kong to conserve and grow wealth across generations.

Other distinguished guests who spoke at the event included Olivier Krug, Director of the House, Krug Champagne, Noni Purnomo, President Director and Chief Executive Officer, Blue Bird Group, Justin Rockefeller, Chairman and Co-Founder of The ImPact, Sam Kennedy, CEO of Fenway Sports Group, David Bijlsma, Chief Commercial Officer of GASSAN, Winnie Chiu, President and Executive Director, Dorsett Hospitality International and Krishna Chokhani, Director, Chokhani Group and Family Office.

Hong Kong was chosen as the first stop for Standard Chartered’s Global Family Network Forum as the city is one of four wealth hubs from which the bank serves the growing wealth needs of UHNW individuals and their families. The other three wealth hubs are located in the cities of Singapore, Dubai and London. As a leading international financial centre, Hong Kong connects clients, particularly those based in Greater China, to opportunities in the rest of Asia, Middle East and Europe, complementing the roles of the other wealth hubs.

Bill Winters, Group Chief Executive, Standard Chartered, said “As a connector bank, we are one of the few international banks with an affluent continuum to support our clients’ wealth needs and grow with them as they accumulate and grow their wealth. We are committed to investing in our affluent and UHNW capabilities, in particular those catering to the holistic needs of UHNW clients and families. This Global Family Network Forum is one of many more platforms for us to engage and support our clients today, tomorrow and into the future.”

Standard Chartered Global Private Bank gathers some 200 international clients and guests at its inaugural Global Family Network forum in Hong Kong with Financial Secretary for the Hong Kong Special Administrative Region Paul Chan and Group Chief Executive of Standard Chartered Bill Winters welcoming the guests.

Standard Chartered Global Private Bank hosts international UHNW guests, from Greater China, Southeast Asia, the United Arab Emirates, United Kingdom, as well as United States, at its inaugural Global Family Network Forum in Hong Kong. Government officials and key members of Standard Chartered’s Group Management Team attended the event including (from left to right):

• Raymond Ang, Global Head, Private Bank and Affluent Clients, and Head, Wealth and Retail Banking, Greater China & North Asia, Standard Chartered

• Tanuj Kapilashrami, Chief Strategy and Talent Officer, Standard Chartered

• Judy Hsu, CEO, Wealth and Retail Banking, Standard Chartered

• Christopher Hui, Secretary for Financial Services and the Treasury, HKSAR

• Bill Winters, Group Chief Executive, Standard Chartered

• Paul Chan, Financial Secretary, HKSAR

• Ben Hung, President, International, Standard Chartered

• Salina Yan, Permanent Secretary for Financial Services and the Treasury (Financial Services), HKSAR

• Mary Huen, CEO, Hong Kong and Greater China & North Asia, Standard Chartered

• Alex Manson, CEO, SC Ventures

For further information please contact:

Valerie Tay
Head, Wealth and Retail Banking Communications

Janet Chan
Head, Communications, Hong Kong