Singaporean Wealth Manager Brings In Former StanChart Senior Figure

A former senior manager at the bank has joined the independent asset management house, this publication can reveal.

Singapore-based independent asset management firm Crossinvest has appointed Gary Tiernan as investments head, having most recently held senior management roles at the private banking arm of Standard Chartered, this publication can exclusively report.

Tiernan will be responsible for the suite of investment services and work towards further strengthening Crossinvest’s core investment proposition, the firm said in a statement emailed to this news service.

With three decades of experience in financial markets, Tiernan has been based in Singapore since 2004. During that time he has led teams working with clients from Asia, Middle East, Europe, Africa and Latin America. Most recently, he held a number of senior leadership roles at Standard Chartered Private Bank including global Head of the investment advisory, fiduciary and sales management functions.

Tiernan was also a member of Standard Chartered’s global management and investment committees. From 2000 to 2008, he worked with Deutsche Bank Private Wealth Management firstly in Switzerland and then in Asia. When he left he was the Asia regional head of global investments and sales and a member of the Asia management committee. He started his career in financial markets in London where he led teams in derivatives and proprietary trading.

Operating in Asia since 2005, Crossinvest was born out of a single family office in Swizerland in 1985.

“His appointment underlines our commitment to bring high quality capabilities to our clients. Gary’ appointment reinforces the increasing importance of the independent wealth management sector and our ability to attract people from traditional private banks,” Rohit Bhuta, chief executive at Crossinvest, said.