29.01.2021, 09:42

Standard Chartered Bank  names Michele Wee as its new CEO for Vietnam

Standard Chartered Bank  names Michele Wee as its new CEO for Vietnam
  • Michele Wee was the Head of Financial Markets for Singapore, Australia, and Brunei of Standard Chartered Bank
  • She takes over the reins from Nirukt Sapru. Her key focus will be on providing valuable support and benefits to our clients, regulators and the communities, building on our unrivalled local knowledge and international expertise.
  • Visit Vietnam Insider’s homepage for more stories.

Standard Chartered Bank  announced the appointment of Michele Wee, the former Head of FM for Singapore, Australia, and Brunei as Chief Executive Officer (CEO) for Vietnam, effective 1 February 2021.

She will report to Patrick Lee, Cluster CEO, Singapore and ASEAN Markets (Malaysia, Vietnam, Thailand and Rep Offices).

A seasoned banker with over 25 years industry experience, Michele joined Standard Chartered in 2011 as Global Head of E-commerce Sales to build an e-commerce business distribution channel for the Bank’s Financial Markets clients. Prior to her appointment as CEO of Vietnam, she was the Head of Financial Markets for Singapore, Australia, and Brunei, in which she was responsible for the development and execution of these markets’ Financial Markets strategy.

Related: Asiamoney names Standard Chartered ‘Best International Bank in Vietnam’

“Vietnam is an important market to our global network with significant opportunities to develop our businesses with universal banking capabilities. My key focus will be on providing valuable support and benefits to our clients, regulators and the communities, building on our unrivaled local knowledge and international expertise.” Michele told reporter.

“Despite the unprecedented challenges caused by the COVID-19 pandemic, Vietnam continues to offer exciting business and investment opportunities given its strong fundamentals of a young, dynamic and tech-savvy population, a growing domestic market, a rising middle class and an open economy. The country has been an investment magnet for many years and holds great growth potential for the future. I look forward to working with my Vietnam team and relevant stakeholders to support Vietnam’s sustainable development.” added Michele.

Michele takes over the reins from Nirukt Sapru who was appointed as CEO for Vietnam, Laos and Cambodia in 2013, and in 2015, took on the expanded role as the regional CEO for ASEAN and South Asia cluster markets including Australia, Brunei, Nepal, the Philippines, and Sri Lanka.

Under his leadership, Standard Chartered Vietnam has recorded strong growth in all business segments and made valuable contributions to Vietnam’s economic development process.

By My Phung

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