Standard Chartered, a London-based bank, has made a significant hire to enhance its private markets capabilities in Asia. The bank has appointed Stacey Hsiao as the Head of Private Markets, Greater China, to lead the build-out of its private markets platform in the region. Based in Hong Kong, Hsiao will report to Nicholas Cheng, the Head of Private Markets Group.
Hsiao brings a wealth of experience to her new role, having previously led the development of DBS’s private markets platform in Hong Kong. Prior to her tenure at DBS, she spent over a decade in the asset management industry, working with prominent firms such as Morgan Stanley Investment Management, T. Rowe Price, and NinetyOne. During this time, she gained expertise in covering Asia institutions, distribution business, and product development.
The appointment of Hsiao is a strategic move by Standard Chartered to strengthen its presence in the private markets sector in Asia, particularly in Greater China. The bank aims to leverage Hsiao’s expertise and experience to expand its private markets capabilities and provide a more comprehensive range of services to its clients in the region.
As the Head of Private Markets, Greater China, Hsiao will be responsible for driving the growth and development of Standard Chartered’s private markets business in the region. Her role will involve building and maintaining relationships with key clients, identifying new business opportunities, and working closely with the bank’s teams to deliver innovative solutions to clients.
The hiring of Hsiao is a testament to Standard Chartered’s commitment to investing in its private markets capabilities and expanding its presence in Asia. With her expertise and experience, the bank is well-positioned to capitalize on the growing demand for private markets investment opportunities in the region. As the private markets sector continues to evolve, Standard Chartered is poised to play a significant role in shaping the industry’s future in Asia.