These awards never fail to surprise me and this year is no exception. The fact that there is an increasingly large amount of talent in this region is no surprise, but the level at which this accelerates is.
DBS Bank took the coveted Outstanding Global Private Bank – Global award, as well as being recognised for North Asia. This shows how the behemoth is not willing to rest on its laurels and continues to evolve and adapt.
Part of this is down to its tremendous investment in talent and people. The bank also won 20 awards for Outstanding Young Private Bankers and Rising Stars for Asia Pacific. An overwhelming achievement and with this level of personnel, it seems unlikely that DBS will be absent of more awards in the near future. Commendations to Hana Bank and Equirus Wealth Private Limited, both of whom were recognised for their rising stars.
DBS won a further award for Outstanding Private Banker – Regional Player. Ahli United Bank, Hana Bank, and Deutsche Bank were also commended in this category. Standard Bank received an award for Outstanding RM Training and Development Programme.
Talent pools are a huge area for discussion in private banking across the globe. As many seemingly glamourous sectors, such as tech, are very happy to poach employees with the promise of the future, how can banking compete? As shown by these awards, there is clearly a scheme in place to keep good people and this can only make the sector and the region stronger.
I look forward to coming back next year and seeing what this deep pool of talent has uncovered.
Private Banker International
Download 2020 Special Report: Meet the executives and institutions pioneering innovation in the private banking sector; inspired by the winning entries of the 30th Annual Private Banker International Global Wealth Summit and Awards.