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Invest Africa, Standard Chartered Private Bank partner to strengthen African market

PETER SSENTI | PML Daily CorrespondentbyPETER SSENTI | PML Daily Correspondent
July 27, 2021
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The new one-year partnership provides further opportunity for the bank to demonstrate its commitment to private clients in Africa

Karen Taylor, CEO of Invest Africa (PHOTO/Video grab).

LONDON — Invest Africa, one of the leading business and investment platforms for African markets, and Standard Chartered Private Bank, have announced a strategic partnership, focused on driving the growth of Standard Chartered’s private banking services across the continent.

The new collaboration will involve a programme of targeted business development opportunities in key hubs such as London, Dubai and Cape Town to showcase the bank’s expertise and thought-leadership in areas like sustainable investing.

Standard Chartered’s relationship managers, investment advisors and product specialists are also able to leverage Invest Africa’s global reach, market intelligence and networking opportunities with fellow members.

Karen Taylor, CEO of Invest Africa said, “In today’s turbulent times, the importance of effective wealth management and succession planning has never been more evident. We look forward to supporting Standard Chartered Private Bank, as a leading private bank of choice across the Continent, to develop its business and find new ways of connecting through our network.”

Demir Avigdor, Managing Director, Market Head, Private Banking, Europe and Africa, Standard Chartered Bank commented, “I’m delighted to announce our partnership with Invest Africa. The relationship shows our commitment to growing our private banking business in Africa and serving our clients in the continent, and supporting the long-term sustainable growth of the region.”

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