Awards for Distinction 2014

2014 Gala Dinner

Winners of the 4th annual Awards for Distinction kicked off the Year of the Sheep with celebrations at the JW Marriott in Hong Kong. In the star-studded evening, 140 of the who’s who in Asia’s private banking industry mingled over champagne to celebrate their achievements. Among the many highlights of the evening was a video tribute to this year’s Private Banker of the Year – Renato de Guzman – which included heartfelt tributes from friends and competitors within the industry. Once again, Asian Private Banker would like to take this opportunity to congratulate the winners of the Awards for Distinction 2014 on a job very well done.

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2014 Categories & Winners

For a list of criteria, please refer to the Submission Guidelines.

Congratulations to the winners of the Asian Private Banker Awards for Distinction 2014.

2014 Editor’s Note

“The way to gain a good reputation is to endeavour to be what you desire to appear,” said Socrates – wise words of wisdom that the winners of Asian Private Banker’s Awards for Distinction 2014 have heeded. Rising to the challenge posed by fickle markets, ever-demanding clients, and unyielding regulators, every one of these exceptional private banks has demonstrated an unwavering commitment to their customers.In doing so, these pre-eminent industry participants have tempered the desire for profitability with prudence; have focussed on reputation rather than ratios; proving that to survive – and thrive – in our industry, resilience may be worth a good deal more than returns.

Whilst some have chosen to sit out the bidding war for talent that continues to afflict the industry in Asia, others are refusing to hire-and-promote. A handful are guided by a moral compass rather than the minimum regulatory requirement when framing human resources and diversity policies, and their standard operating procedures set the benchmark for industry best practices.

Deftly sidestepping the perils many of their peers have fallen prey to, these institutions, and the people at their helm, have worked hard towards mitigating inordinately high-cost pressures whilst keeping a humane perspective on rationalisation exercises. Some have ventured bravely into new geographies and markets, while others have reduced attrition and increased efficiency by fostering a culture of collaboration. All have shown exceptional leadership. Despite the continuing trend of consolidation, it is far more likely that these banks will have the wherewithal to acquire than be acquired themselves.

Indeed, each and every winner of these Awards for Distinction epitomises the best of our industry – integrity, loyalty, flexibility, and tremendous determination – and it is this all-encompassing pursuit of excellence that the Asian Private Banker Awards for Distinction celebrates.

Shruti Advani, Editor
Asian Private Banker
December 2014

2014 Submission Guidelines

Introduction

The Asian Private Banker Awards for Distinction is the industry standard for excellence in private banking in the region. The awards are open to all private banks and institutions with private banking facilities across Asia Pacific. Asian Private Banker understands and respects each institution’s need for confidentiality and, as such, all submissions for the Awards are treated with the utmost privacy. The decision of the Judging Panel is based on explicitly defined criteria outlined within.


 

Schedule

Submissions Open | September 10, 2014
Submissions Close | November 28, 2014
Winner Announcements | January 12, 2014
Awards for Distinction Gala Dinner | February 2015

Contact

All submissions for the Awards for Distinction should be addressed to:
APB Awards for Distinction 2014
1205 Dominion Centre
43-59 Queen’s Road East
Wan Chai, Hong Kong

Electronic submissions should be addressed to editor@asianprivatebanker.com. To reach us by telephone, please dial +852 2529 0777.