Awards for Distinction 2023 – Best Domestic Private Bank – Discretionary Portfolio Management

Best Domestic Private Bank Discretionary Portfolio Management

 

Siam Commercial Bank Public Company Limited

Best Domestic Private Bank – Discretionary Portfolio Management

Sornchai Suneta

First executive vice president of the
investment office and product function,
chief wealth banking office
Siam Commercial Bank Public Company Limited

We are honoured to be awarded Best Domestic Private Bank – Discretionary Portfolio Management for a second consecutive year.

Through market volatility and uncertainties, this recognition reflects our team’s dedication to serving clients with outstanding services and solutions. The accomplishment further emphasises our commitment to become ‘A Better Bank’ with the key aspiration towards ‘Digital Bank with Human Touch’.

We will continuously strive toward this transformation whilst sustaining our best efforts to enhance clients’ experience with seamless and comprehensive digital financial services.

What was behind the judges’ decision?

  • With the growing capability of DPM fund managers, a widely offered investment instrument, DPM within SCB Private Bank can be constructed with a well-diversified concept, making it competent to offer consistent performance in any market condition.
  • Currently, DPM is closely managed and monitored by expert fund managers. Furthermore, there are various asset classes and broad investment instruments available for constructing portfolios
  • In addition, the bank combines the synergy of a pool of talents from the SCB Financial Business Group, well known for their extensive investment knowledge, capability, expertise, and experience

What we said

“SCB Private Bank continues to develop investment products, solutions and services offering boundless opportunities for Thailand’s high net worth segment. In 2023, rather than stick to traditional asset classes such as equities and bonds, the DPM team incorporated advanced investment vehicles, for example, private assets, structured products and hedge funds, which enhanced investment performance,” said Twinkle Sparta, associate editor, Asian Private Banker.

“The award is not only a reflection of service excellence but also the bank’s expertise in financial and investment advisory to grow wealth for private banking clients, and playing an important role in driving the private banking business.

“For the above reasons and more, the APB judging panel is proud to present SCB Private Bank with the Best Domestic Private Bank – Discretionary Portfolio Management award.”


Contact Us
All awards related enquiries to
candice.c@asianprivatebanker.com
+852 8191 7196