Private Banker International is a leading journal for the global wealth industry.

The award was announced at the 26th Private Banker International Global Wealth Summit and Awards, held in Singapore this month.

Winning this award for the second year in a row, and being highly commended for the Most Outstanding Relationship Manager Training and Development Programme, acknowledges Standard Bank’s commitment in building Africa’s most globally relevant wealth management offering.

Mr. Ben Mensah, Head of Wealth and Investment, Ghana who received the award on behalf of the bank said, “It is our belief that Standard Bank Wealth and Investment’s combination of targeted service strategies, relevant management models and client-centricity sets the bank apart as the continent’s leading wealth manager and we are delighted to see these efforts reflected in these awards.”

Standard Bank Wealth and Investment has a presence throughout South Africa as well as Kenya, Nigeria, Ghana, Mauritius, Jersey and London.

This footprint, combined with the Standard Bank Group’s 154-year heritage and presence in 20 countries in sub-Saharan Africa, empowers Standard Bank Wealth and Investment with the international diversification necessary to provide a seamless on-and offshore offering to its clients.

Margaret Nienaber, Global Head of Standard Bank Wealth and Investment said, “We leverage our footprint to provide global wealth solutions that are locally relevant in Africa. With our on-the-ground expertise we understand specific country nuances and their impact on the markets in which we operate. This positions us to support the wealth management ambitions of high net worth individuals and families across the continent.”

The Private Banker International Award follows Standard Bank Wealth and Investment’s receipt of Euromoney magazine’s Africa’s Best Bank for Wealth Management Award for Excellence in July.

These accolades reflect the bank’s ability to consistently deliver superior investment returns that outperform benchmarks. These are delivered through, “a sound investment philosophy, an experienced investment team and, a specialist offering that includes stock broking, fund solutions, and bespoke discretionary managed portfolios through dedicated portfolio manager, Melville Douglas,” explains Nienaber.

By Times Reporter