Standard Bank is greatly honoured that our Wealth and Investment division has been named Africa’s Most Outstanding Private Bank for the second consecutive year by Private Banker International, a leading journal for the global wealth industry. This occurred at the 26th Private Banker International Global Wealth Summit and Awards held in Singapore on 14 October, proving that the international finance community acknowledges our commitment to building Africa’s most globally relevant wealth management offering.
We were, in addition, this week awarded the Best Private Bank in Kenya and Nigeria at the PWM/The Banker Global Private Banking Awards, and named the Best Private Bank in Africa, South Africa and Kenya in the Global Finance Awards.
Wealth and Investment has a presence in 20 countries in sub-Saharan Africa, as well as in Jersey, the Isle of Man and London. This international footprint, combined with our 154-year heritage, empowers us with the diversification necessary to provide global wealth solutions that are not only locally relevant, but that support the wealth management ambitions of high-net-worth individuals and families across the continent.
A major focus of ours is generational wealth solutions and services; we aim to create beneficiary support structures that include asset preservation and the skills needed to ensure a lasting legacy. Emphasis is placed on equipping the leaders of tomorrow with financial and investment advice through our international Leadership Academies, which educate the next generation on creating, managing, growing and preserving wealth in an interactive and engaging environment.
Africa is, after all, our home, and we place considerable emphasis on driving her growth.
These awards follow Wealth and Investment’s receipt of Euromoney magazine’s Africa’s Best Bank for Wealth Management Award for Excellence in July, further reflecting our consistent delivery of superior investment returns that outperform benchmarks.
It is our belief that our combination of targeted service strategies, relevant management models and client-centricity sets us apart as the continent’s leading wealth manager, and we are delighted to see these efforts reflected and acknowledged in these awards.