| James Kon |
STANDARD Chartered Bank (SCB) Brunei will continue to develop and grow in the Sultanate under the leadership of SCB’s newly-appointed Country CEO, Rino Donosepoetro.
Rino Donosepoetro is taking over from outgoing CEO Lai Pei-Si, who has lead SCB Brunei for the last three-and-a-half years to its current new-found height.
In an interview with Rino Donosepoetro, who was formally introduced as SCB’s new Country CEO in a reception at Radisson hotel, he said, “The franchise here is an important part of SCB’s global family. SCB Brunei is in very good shape, thanks to the dedication and passion of the entire team under the leadership of Lai Pei Si.”
Going forward, he said, “We will build on the foundation that we have been on and we will continue to focus on wealth management business as well as SMEs and corporate banking capability to contribute to the growth of the local economy.”
With the Asean Economic Community (AEC) approaching in 2015, he explained how SCB is well positioned to further boost the region’s trade.
“Asean is a very important region for us, and we are the only international bank with presence in all 10 Asean member countries. We support the AEC, and we will also support each of the 10 Asean members, such as Brunei, to prepare for free trade and intra-Asean trade because we are well positioned to do so,” he said.
Rino Donosepoetro is responsible for the strategy, development and management of SCB’s business in Brunei, with a focus on the continuous development of key growth segments, which are Business Banking and Wealth Management.
He brings with him more than 16 years of international banking experience across many roles within SCB.
Previously, he held the position of Head of Audit based in Singapore, overseeing markets in North East Asia, China, South Asia and Asean. Prior to joining SCB’s Group Internal Audit in 2010, he was the CEO and Head of Consumer Banking in the Falkland Islands from 2007.
The outgoing CEO of SCB, Lai Pei-Si, in an emotional farewell speech lauded the positive progress of SCB in Brunei by saying, “We’ve made great progress on the way we treat our business clients, being the only bank to offer an online banking app for our SME clients.”
She continued, “We have reconfigured our branch network and enhanced our digital banking capabilities, recognising that the way our customers choose to bank is changing.”
SCB, she said, “continues to be a trusted partner to our clients, ensuring that we deliver tailored solutions for their wealth management needs”.
Meanwhile, Lim Cheng Teck, SCB’s regional CEO for Asean, in his speech touches on an integrated Asean, whereby according to him, “2015 is shaping to be an exciting year for the region. Economic integration through the setting up of a single market and production base is making steady progress with the establishment of the Asean Economic Community.”
An Integrated Asean, he described, “is a very attractive growth market with a population of 600 million people and a growing consumer class estimated to reach 125 million by 2025. The region has an aggregate GDP of US$2.3 trillion with a projected growth rate 4.5 per cent to 5.5 per cent in the medium term. Asean has overtaken china as the largest recipient of FDI in 2013 with more than US$120 billion of committed investments, indicating that global companies and investors are increasingly looking south when putting capital to work in Asia.”
By working as a collective block and finding common ground, he said, “Intra-Asean trade is key to driving GDP growth, and with our strategic footprint, Standard Chartered is well placed to facilitate trade and networking for our clients here in Brunei as well as across the region.”