Benjamin Hung, Chief Executive Officer, Asia, Standard Chartered, visits Bangladesh

Publish: 6:33 PM, September 20, 2022 | Update: 6:33:PM, September 20, 2022

BenjaminHung, Chief Executive Officer, Asia, Standard Chartered, arrived in the capital city of Dhaka earlier this week for his first official visit to Bangladesh.Benjamin’s visit marks the second recent visit by a member of the Bank’s global senior leadership team, following a two-year pause during the height of the pandemic.

As part of his two-day visit, Benjamin met with regulators,senior government officials, economists, the Bank’s clients, and with other key stakeholders. The core agenda of Benjamin’s visit was to get a first-hand perspective on one of the fastest growing markets in the world and to gain an insight on how Bangladesh contributes to Asia’s resilience, dynamism, and growth. Throughout his visit, Benjaminexplored how the Bank is driving greater digital innovation, accelerating sustainability, and placing an emphasis on greater prosperity and progress nationwide.

Benjamin dedicated some of his time in Bangladesh to exploring the Bank’s far-reaching community engagement initiatives by visiting Ispahani Islamia Eye Institute and Hospital (Islamia).Islamia is the birthplace of “Seeing is Believing (SiB)” – which ran from 2003 to 2019 and was one of the Bank’s global flagship community-oriented initiatives for over 15 years.

Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, said, “Bangladesh’s resilienceenables us to bounceback time and time again, which is a portent of the growth and development opportunities that the future holds. As we forge stronger connections and continue to harness Bangladesh’s immense potential, we look forward to creating avenues for greater collaboration – locally, regionally, and globally. Ben’s first official visit to Bangladesh showcasesthe commitment that the Bank’s senior management has on our Bangladesh operations.”

Benjamin Hung was appointed as Standard Chartered’s Chief Executive Officer for Asia in January of 2021. He sits on the Group’s Management Team and is the Chairman of Standard Chartered Bank (China) Limited. Since joining Standard Chartered in 1992, Benjamin has held a number of senior management positions spanning corporate, commercial, and retail banking.  Prior to his current role, Benjamin was Regional Chief Executive Officer for Greater China & North Asia, and Chief Executive Officer of Retail Banking, and Wealth Management globally. Benjamin is currently based in Hong Kong and has international banking experience in both the United Kingdom and Canada.Benjamin is also a member of the Hong Kong Chief Executive’s Council of Advisers on Innovation and Strategic Development, the Exchange Fund Advisory Committee, the Hong Kong Exchanges and Clearing Limited’s Board of Directors, and the General Committee of the Hong Kong General Chamber of Commerce. He was previously the Chairman of the Hong Kong Association of Banks, a member of the Financial Services Development Council, a board member of the Hong Kong Airport Authority and the Hong Kong Hospital Authority, and a Council Member of the University of Hong Kong.

Standard Chartered is the only multinational universal Bank in Bangladesh, with over 117 years of uninterrupted presence in the nation. The Bank is a committed partner in progress to Bangladesh, facilitating major investments in power, energy, transportation, and urban development. The Bank accounted for a major share of all export and import financing, respectively, last year, as well as power generation financing and SME lending by foreign banks. At the same time, the Bank commands a leading position in the retail finance space. Standard Chartered’s commitment to support Bangladesh’s continued journey of prosperity even in the face of a global pandemic saw the bank secure 30 major international awards in 2021.