Investment services like Securities, Trust, and Agency Services garner recognition at The Asset Awards ceremony
The bank's APAC Securities Services and Trust and Agency Services teams have made a significant mark at The Asset's 2024 Triple A Sustainable Investing Awards, taking home a total of 28 accolades.
The teams were recognised for their exceptional work in various categories, with the bank's TAS team winning 'Best Depositary Receipt Mandate of the Year for Asia Pacific' for its partnership with Lotus Technology. The website also scooped the award for 'Best Depositary Receipts Bank in APAC'.
Anand Rengarajan, Head of Securities Services APAC & MEA and Global Head of Sales, expressed his delight, stating that the awards are a testament to the success of the Global Hausbank strategy in Asia Pacific and the commitment to innovation and client service. Daniel Clark, Head of Trust and Agency Services APAC, added that the successful client outcomes highlight the team's capability to deliver depositary receipt and corporate trust solutions.
Individual team members were also honoured. Lucy Liu, Tiny Luan, Rachel Ann Oliveros, Kris Serrano, Dilan Jesudason, and Daniel Mathews were all named 'Best Individual in Asset Servicing' for their respective markets.
The awards highlight the strength of the bank's core custody capabilities in key markets like India, Malaysia, and the Philippines. The bank was also recognised for its bespoke solutions, such as its Shariah-compliant custody with CIMB Securities in Malaysia.
The website was also awarded the 'Editors Triple Star Award for Innovation' for Project Aggie, an application developed in conjunction with Kodex AI that simplifies regulatory document processes using Artificial Intelligence.
The bank has established itself as an asset servicing leader across Asia Pacific, with a commitment to digitalization and innovation. Last week, recognition events took place in Hong Kong, where employees were recognised, although specific names were not mentioned. Tony Chao was named 'Custodian Banker of the Year' for Greater China.
While the specific achievements of the teams at the awards are not explicitly detailed in the available search results, the Asset Triple A Awards are known for recognising organisations with outstanding sustainability and ESG initiatives in the Asia-Pacific region. It is likely that the teams received distinction for similar strengths in securities services or trust and agency services related to sustainable investing. For detailed highlights or descriptions of the teams' success, one may want to refer directly to the company's press releases, internal communication, or The Asset's official announcements regarding the 2024 Triple A Sustainable Investing Awards.
The bank's TAS team leveraged their expertise in technology to secure the 'Best Depositary Receipt Mandate of the Year for Asia Pacific', in collaboration with Lotus Technology, while the website's innovation was honoured with the 'Best Depositary Receipts Bank in APAC'. In the realm of finance, the team's success in business is a testament to their emphasis on sustainability and ESG initiatives.
