The bank said that the new appointee will play a key role in enhancing its portfolio management strategies and deepening its capability in providing clients with wealth advice.

Standard Chartered has appointed Daniel Furer as head of discretionary portfolio management and asset allocation, with immediate effect. The role is a newly created one, the bank told this publication when asked about the matter.

Furer’s remit is to oversee the bank’s chief investment office fund and flagship portfolios business, customised mandates and asset allocation solutions. He will also drive the adoption of portfolio strategies through frontline and client engagement. Furer, who will be based in Singapore, reports to Steve Brice, global chief investment officer.

Formerly at Credit Suisse, Furer served in various asset and investment maangement roles since 2007. In his last position as head of investment management Singapore and business development Asia, he successfully led the team in delivering discretionary asset management services to private banking and institutional clients in Asia.

“Daniel’s wealth of experience and demonstrated leadership will help Standard Chartered strengthen its position as Asia’s trusted international wealth manager,” Brice said.

The bank, which in October reported its third-quarter figures, has gone into story-telling mode as part of a new advertising campaign.