Standard Bank Wealth & Investment secures two prestigious accolades at World’s Best Private Banker Awards for 2020
Global Finance magazine has recognised Standard Bank Wealth & Investment as Best Private Bank in Africa and Best Private Bank in South Africa for 2020. The wins form part of the sixth annual World’s Best Private Banker Awards, which were announced on 4 November.
The awards honour banks that best serve the specialised needs of High-Net Worth Individuals (HNWIs) as they seek to enhance, preserve and pass on their wealth. Global Finance’s editorial board selected the winners for the awards with input from executives and industry insiders. The editors also use information from entries submitted by banks, in addition to independent research, to evaluate a series of objective and subjective factors.
Chris Browne, Group Head of Wealth & Investment for Standard Bank, says that the division is proud to be acknowledged as a leader in the wealth sector on the African content. “While it has been our most challenging year yet, we have remained focused on working hard in placing clients at the centre of everything we do. These awards demonstrate that even during significant headwinds, we can still show up for our clients and deliver consistent solutions that matter to them.”
Standard Bank Wealth & Investment has a presence across the continent, serving clients in South Africa, Kenya, Nigeria, Ghana and Uganda. The division is also present in Jersey and London. This extensive footprint, combined with Standard Bank Group’s heritage of over 154 years, empowers Wealth & Investment with the diversification needed to lead a globally effective wealth strategy.
Mr Browne adds that these significant awards come at a time when clients have become increasingly reliant on their private banker partners to help them navigate the best way forward in the current environment. “If we can help to preserve and grow the hard-earned wealth of individuals, we can contribute to strengthening the economies in which we operate. As Standard Bank, our purpose is as follows: Africa is our home, we drive her growth.”
The resilience, agility, passion and determination we have shown over this period is what will keep us ahead of our competitors as we prepare to be so much more than just a financial services organisation,” Mr Browne concludes.
The latest awards follow Standard Bank Wealth & Investment winning Best Private bank for Customer Service in Africa at the Global Private Banking awards in 2019. In the same year, Standard Bank Wealth & Investment received the award win of Outstanding Global Private Bank for Africa and the Best Next Generation Offering at the 29th Private Banker Global Wealth Awards. Meanwhile, Euromoney magazine awarded Standard Bank as Africa’s Best Bank for Wealth Management.