SCB WEALTH secures 11 prestigious awards from five globally acclaimed institutions

Tuesday 17 October 2023 10:56
SCB WEALTH secures 11 prestigious awards from five globally acclaimed institutions, solidifying its dominance in wealth management across the spectrum of investment
SCB WEALTH secures 11 prestigious awards from five globally acclaimed institutions

Dr. Yunyong Thaicharoen, Senior Executive Vice President, Chief Wealth Banking Officer and Chief Wholesale Banking Officer at Siam Commercial Bank, recently led the SCB WEALTH team in claiming eleven prestigious awards from five globally recognized financial institutions for 2023. This achievement reinforces the SCB Wealth team's leadership in investment and unwavering commitment to delivering premier wealth management services in every angle, solidifying SCB WEALTH's ambition to be Thailand's top Digital Wealth Banking provider.

Dr. Yunyong expressed profound delight and pride in the awards, viewing them as a testament to the team's unwavering commitment to deliver exceptional customer service. These honors underscore SCB WEALTH's relentless pursuit of becoming a leading force in Digital Wealth Banking and reaffirm to evolve and provide exceptional services to valued customers.

In this extraordinary year, SCB WEALTH earned an impressive array of eleven prestigious awards from five distinguished financial institutions and media outlets across Europe and Asia. Among these accolades are five distinguished awards recognizing SCB WEALTH's excellence in innovation, particularly in harnessing data to analyze investment information and tailor customer portfolios to align with precise investment objectives. These accolades reflects SCB Wealth's essence of "Digital Wealth with a Human Touch," including followings:

  1. "Best Domestic Private Bank - Digital Innovation and Services Award" from The Asian Private Banker
  2. "Most Innovative Wealth Management Bank - Thailand" from The International Finance Awards
  3. "Best Wealth Digital Technology Award" from Citywire
  4. "Best Private Bank - Digitally Empowering RMs " from Global Private Banking
  5. "Digital Wealth Manager of the Year" from The Asset

The other six awards solidify SCB's reputation as an institution with dedicated Relationship Managers who excel in offering expert investment advice and selecting products tailored to address each customer's unique needs. This commitment ensures that clients consistently reach their wealth-building goals. Additionally, SCB WEALTH actively champions investment products which aligned with environmental, social, and governance (ESG) principles, featuring ESG funds boasting 4-5-star sustainability ratings from Morningstar. This commitment to sustainable wealth creation for customers has earned SCB WEALTH the following distinguished accolades:

  1. Citywire Top 25 ASEAN Selectors Award from Citywire - Mr. Sornchai Suneta (CFA), Executive Vice President of the SCB Investment Office and the Product Function at Siam Commercial Bank, has been recognized as one of the 25 ASEAN Selectors who possess exceptional potential and are esteemed figures within the financial and investment realms, trusted by high-net-worth clients.
  2. Best Domestic Private Bank - CIO Office from Asian Private Banker
  3. Best Domestic Private Bank - Discretionary Portfolio from Asian Private Banker
  4. Best Socially Responsible Bank - Thailand from International Finance
  5. Best Client Experience from Citywire
  6. Best CIO Office SCB WEALTH from Citywire

Dr. Yunyong emphasized that the business strategies leading to the receipt of awards in 2023 are SCB WEALTH's unwavering commitment to deliver consistently robust returns for its high-net-worth customers across all facets of investment. Recognizing the paramount importance of tailoring products to meet diverse market conditions and customer needs, SCB WEALTH remains dedicated to continual innovation and the use of cutting-edge technology platforms and data analysis via the Wealth Platform. This empowers the planning of investments, enabling the bank to structure portfolios according to its customers' risk tolerance and achieve results aligned with their investment goals across a wide range of products. The Open Architecture approach ensures that customers have the freedom to choose investment products that align precisely with their unique requirements, while closely assisted by Relationship Managers (RMs) and Investment Consultants. SCB WEALTH aspires to elevate itself as the ultimate solution for customers by improving service quality across every investment dimension, fueled by the belief that the success of each customer serves as the driving force propelling SCB WEALTH forward in its quest to deliver optimal investment choices.

Source: Siam Commercial Bank