HSBC names new head of wealth and premier solutions for Singapore

[SINGAPORE] HSBC announced on Friday (Jun 20) that it has appointed Ishan Sarkar as the bank’s head of wealth and premier solutions (WPS).

He will be based in Singapore and assume the new role on Jul 1. Sarkar will report to Ashmita Acharya, head of international wealth and premier banking at HSBC Singapore, and Stefan Lecher, head of WPS Asia for HSBC.

Sarkar will drive wealth strategy for Singapore as head of WPS, which includes developing and managing a full suite of wealth products, platforms and customer journeys across all client segments, ranging from premier to ultra-high-net-worth individuals.

He has been with the financial services company for over six years, most recently as head of capital markets for HSBC Private Bank and Wealth in South-east Asia, and has 20 years of product experience from investments and sales roles across global financial institutions such as Citi and UBS.

Lecher said: “The demand for world-class innovative wealth-management solutions and timely market insights is growing stronger than ever in Singapore.

“In his new role, Ishan will steer the team in Singapore to leverage our global network and deliver our investment and advisory solutions at pace for our clients to manage, grow and preserve their wealth.”