Categories – Private Banker International Summit and Awards

Entries are now open for the 31st Edition of the Private Banker International Global Wealth Awards.

Full details of this year's categories and criteria can be found below.

Nominations are now open – deadline for entries is 5pm GMT on 31st July 2021.

Nominees should follow these simple guidelines to ensure their submission has the best chance of winning.

Submission Rules

Submissions can be made either on behalf of your own company or in recognition of a colleague or partner firm.
Maximum of 1,000 words in Word format, no appendices.
Entry must address the award category explicitly, not generic links to web sites, corporate marketing etc.
Submissions should highlight the key differentiator and competitive nature of the project or implementation
It is made explicit the Entrant, Judges and the publication will treat any and all information in strict confidence and any quotes or information to go into the public domain will be pre-cleared by the Entrant.
Submissions made after the publicised cut-off date will be ignored irrespective of their relative merits.
The Editor and Judges reserve the right to make no award for any specific category
The Editor and Judges reserve the right to move a submission to a more appropriate category at their discretion
In submitting for more than one category the submissions must be unique (see 3)
The Editor and Judges’ decision is final

The full list of awards categories and criteria for this year’s awards can be found below. Please note: Whilst we recommend you to try to submit against as many of the criteria as possible, we appreciate that for some companies this may not be possible. The more you can respond against the stronger your application will be, but we would like to highlight that submitting against all criteria is not mandatory. Should you require further guidance on your entry please contact Ms. Tahne Alisaje at tahne.alisaje@meed.com.

Good luck with your submissions!

Institutional Awards

Outstanding Global Private Bank-Africa
Celebrating the best among the private banks in each region that are successfully serving domestic wealthy clients.
Suggested performance criteria to include (where possible):
- Client assets under management
- Cost/income ratio
- Net new money
- Number of private clients
- Number of advisors/relationship managers/private bankers
- Annual staff retention rate
- Please expand on your specific business model and international clients acquisition as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out
Outstanding Global Private Bank-Asia Pacific
Celebrating the best among the private banks in each region that are successfully serving domestic wealthy clients.
Suggested performance criteria to include (where possible):
- Client assets under management
- Cost/income ratio
- Net new money
- Number of private clients
- Number of advisors/relationship managers/private bankers
- Annual staff retention rate
- Please expand on your specific business model and international clients acquisition as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out
Outstanding Global Private Bank-Europe
Celebrating the best among the private banks in each region that are successfully serving domestic wealthy clients.
Suggested performance criteria to include (where possible):
- Client assets under management
- Cost/income ratio
- Net new money
- Number of private clients
- Number of advisors/relationship managers/private bankers
- Annual staff retention rate
- Please expand on your specific business model and international clients acquisition as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out
Outstanding Global Private Bank-Global
Celebrating the best among the private banks in internationally that are successfully serving wealthy clients.
Suggested performance criteria to include (where possible):
- Client assets under management
- Cost/income ratio
- Net new money
- Number of private clients
- Number of advisors/relationship managers/private bankers
- Annual staff retention rate
- Please expand on your specific business model and international clients acquisition as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out
Outstanding Global Private Bank-Latin America
Celebrating the best among the private banks in each region that are successfully serving domestic wealthy clients.
Suggested performance criteria to include (where possible):
- Client assets under management
- Cost/income ratio
- Net new money
- Number of private clients
- Number of advisors/relationship managers/private bankers
- Annual staff retention rate
- Please expand on your specific business model and international clients acquisition as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out
Outstanding Global Private Bank-North America
Celebrating the best among the private banks in each region that are successfully serving domestic wealthy clients.
Suggested performance criteria to include (where possible):
- Client assets under management
- Cost/income ratio
- Net new money
- Number of private clients
- Number of advisors/relationship managers/private bankers
- Annual staff retention rate
- Please expand on your specific business model and international clients acquisition as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out
Outstanding Private Bank-Middle East
Celebrating the best among the private banks in each region that are successfully serving domestic wealthy clients.
Suggested performance criteria to include (where possible):
- Client assets under management
- Cost/income ratio
- Net new money
- Number of private clients
- Number of advisors/relationship managers/private bankers
- Annual staff retention rate
- Please expand on your specific business model and international clients acquisition as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out
Outstanding Private Bank-North Asia
Celebrating the best among the private banks in each region that are successfully serving domestic wealthy clients.
Suggested performance criteria to include (where possible):
- Client assets under management
- Cost/income ratio
- Net new money
- Number of private clients
- Number of advisors/relationship managers/private bankers
- Annual staff retention rate
- Please expand on your specific business model and international clients acquisition as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out
Outstanding Private Bank-Southeast Asia
Celebrating the best among the private banks in each region that are successfully serving domestic wealthy clients.
Suggested performance criteria to include (where possible):
- Client assets under management
- Cost/income ratio
- Net new money
- Number of private clients
- Number of advisors/relationship managers/private bankers
- Annual staff retention rate
- Please expand on your specific business model and international clients acquisition as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out

People Awards

Outstanding Global Private Banker

A private banker that has global oversight or experience in serving clients across different regions. Please include notable milestones and achievements
Outstanding Private Banker-Regional Player

A private banker that has global oversight or experience in serving clients across across Asia Pacific. Please include notable milestones and achievements
Outstanding RM Training and Development Programme
As the relationship between employee training, wellbeing and development and company success becomes more and more defined it is essential that companies invest in their people. This category celebrates the private banks with clealry defined programmes for employee training and development.
Suggested performance criteria to include (where possible):
- Number of employees who have been through / are in the programme.
- Programme objectives and KPIs
- Impact
- Case Study
- Kindly expand on how this impacts the client
- Where possible please demonstrate the impact on company success
Outstanding Young Private Bankers

To be eligible for a nomination an individual must be 35 or below and have less than 5 years experience as a private banker.
Rising Star for Asia-Pacific

Recognising our emerging leaders, to be eligible the private banker must be leading a team and have been in the role for less than 5 years.

Service Proposition Awards

Best Family Office
Celebrating an institution that is meeting the specific needs of the family offices
Suggested performance to include (where possible):
- Client assets under management
- Net new money
- Number of private clients
- Number of advisors/relationship managers
- Annual staff retention rate
- Please expand on your specific business model as well as retention strategy in your region
- Please expand on the other strengths that enable your institution to excel and stand out in the regional or global family offices market (in no more than 250 words)
- Please expand on the important new initiatives you have launched in 2020-21 that strengthens your value proposition
Best Next-Generation Offering
Celebrating an institution that is extending its product proposition effectively and successfully to engage the next generation of wealthy clients

Suggested performance to include (where possible):
- Percentage of new clients in past 12 months who are next-generation
- Please describe the services you are offering to the current and next generation of clients?
- How do you plan to develop the service capability in the future?
Best Private Bank for Islamic Services
Celebrating an institution that provides its clients with the most wide-ranging Islamic compliant investment service. Please include:
- Islamic investment offerings
- Metrics of success, such as average returns or client satisfaction
- Number of countries where your service is offered
- Size and extend of in-house investment capabilities and expertise
Most Effective Investment Service Offering
Celebrating an institution that enables clients to get the best out of their portfolio either through a discretionary or advisory led portfolio. Please include:
- Any metrics of success, such as average returns, client satisfaction, etc.
- Size and extend of in-house investment capabilities and expertise
- Description of products and services offered
Outstanding NRI/Global Indians Offering
Celebrating an institution that is extending its product proposition effectively and successfully to satisfy the needs of the NRI/Global Indian clientele
Suggested performance to include (where possible):
- Number of private clients
- Percentage of new clients in past 12 months
- Please describe the service offering you are entering and why?
- Please describe the competitive environment for this proposition, referring to similar peer initiatives, and describe why this offering stands out
- How do you plan to develop the service capability in the future?
Outstanding Philanthropy Offering
Celebrating a private bank that is making a real contribution to their clients philanthropic’ lives by enabling different ways of giving and establishing best practice

Suggested performance to include (where possible):
- What philanthropic services you offer clients
- What are the philanthropic/CSR efforts of your own institution (please include total donations plus any awards/recognitions if applicable)
- What you are doing to further the philanthropic giving fo your clients (services, education, in-house expertise, etc.)
Outstanding Private Bank for UHNW Clients
Celebrating an institution that is extending its product proposition effectively and successfully to satisfy the needs of the ultra-high net worth clientele

Suggested performance to include (where possible):
- Number of private clients
- Percentage of new clients in past 12 months
- Please describe the service offering you are entering and why?
- Please describe the competitive environment for this proposition, referring to similar peer initiatives, and describe why this offering stands out
- How do you plan to develop the service capability in the future?
Outstanding Wealth Management Service for the Affluent

This category will open up another side of the private banking business which are dealing with below $1 million dollar. Such as Citi Gold Private Client, DBS Treasurers..
This category will open up another side of the private banking business which is dealing with portfolios below $1 million dollars and above $100K

Strategy Awards

Most Innovative Digital Offering
Celebrating a private bank with a clearly differentiated and proven digital offering.
Suggested performance criteria to include (where possible):
- Number of clients
- Percentage of new clients in past 12 months
- A description of your offering and how it is differentiated.
- How you have deployed the use of partnerships, technology, innovation, adaption to customer digitalization etc.
- Kindly expand on what make your bank stand out from your competitors in the digital space.
- Where possible and relevant please quote your users / clients opinion of your digital offering.
Outstanding Private Bank for growth strategy
Recognizing a private bank that has done the most for growth, not only in terms of its own offerings, but its clients as well. Please include
- Any relevant metrics showing sizable growth (AuM, financial results, number of clients, M&As etc)
- How this growth has provided clients a better service or better products
- Future plans for growth to continue
Outstanding Wealth Management Technology Initiative-Back Office
Celebrating a private bank that has enhanced its technology back of house to enhance one or more back of house element for example, efficiency,sustainability, security and the impact on overall performance.
Suggested performance criteria to include (where possible):
- Significant changes since implmentation
- Impact
- Please describe the technology you are entering and why? When was this initiative launched and how have you developed this service in 2020-21?
- Kindly expand on how this applicaiton of tehcnology helps you stand out from competitors
- How do you plan to develop the capability in the future?
Outstanding Wealth Management Technology Initiative-Front End
Celebrating a private bank that has enhanced its digital platform offering successfully to empower its relationship managers as well as enable customer-centricity, client satisfaction, and increased overall efficiency
Suggested performance criteria to include (where possible):
- Number of clients
- Percentage of new clients in past 12 months
- Please describe the service offering you are entering and why? When was this product launched and how have you developed this service in 2020 – 21?
- Kindly expand on what makes this product stand out from its competitors
- How do you plan to develop the service capability in the future?

Outstanding Global Private Bank-Africa

Outstanding Global Private Bank-Asia Pacific

Outstanding Global Private Bank-Europe

Outstanding Global Private Bank-Global

Outstanding Global Private Bank-Latin America

Outstanding Global Private Bank-North America

Outstanding Private Bank-Middle East

Outstanding Private Bank-North Asia

Outstanding Private Bank-Southeast Asia

Outstanding Global Private Banker

Outstanding Private Banker-Regional Player

Outstanding RM Training and Development Programme

Outstanding Young Private Bankers

Rising Star for Asia-Pacific

Best Family Office

Best Next-Generation Offering

Best Private Bank for Islamic Services

Most Effective Investment Service Offering

Outstanding NRI/Global Indians Offering

Outstanding Philanthropy Offering

Outstanding Private Bank for UHNW Clients

Outstanding Wealth Management Service for the Affluent

Most Innovative Digital Offering

Outstanding Private Bank for growth strategy

Outstanding Wealth Management Technology Initiative-Back Office

Outstanding Wealth Management Technology Initiative-Front End