Standard Chartered has announced the appointment of industry veteran, Colin Brooks, as vice chairman, securities services, transaction banking.

Based in Singapore, Brooks will act as a strategic adviser to the business and management team and a senior sponsor to clients. He will report to Margaret Harwood-Jones, global head, securities services, transaction banking, and will be a member of the securities services management team.

Before his appointment, Brooks acted as a consultant for Standard Chartered’s securities services team, following a 26-year stint with HSBC where he helped build the custody and securities services business.

As vice chairman, Brooks will act as a strategic adviser to support the ongoing establishment of the global securities services business and its growth strategy. He will be responsible for setting up guiding principles in the implementation of the new securities services organization, and will play an important role in re-aligning the client management model to that of the wider corporate and institutional banking segment. He will also help to deliver the global securities services business to clients by acting as a senior sponsor to a number of them globally, and ensuring that the business continues to meet their changing needs.

He first began his custody career when he joined HSBC in 1990 to form part of a small team that created the securities services business. Since then, Brooks has occupied key roles in HSBC’s securities services business, including chief operating officer of securities services, Asia Pacific, deputy head of securities services, Asia Pacific, and most recently, global head of custody & clearing, a role which he held for seven years.

Standard Chartered’s securities services business was re-organized in July 2016, bringing together the bank’s sales, product, service and technology & operations, all under a newly-created global business line within transaction banking.