On the significance of the awards, Nicholas Moody, Editor of PBI, said: "2012 was a bumper year of nominations for the Private Banker International Awards. We are starting to see more varied nominations from across the world of different business models. This illustrates the growth of the wealth management industry."

The award winners were announced and presented at the Awards Gala Dinner on Wednesday, 24th October 2012 at The Fullerton Hotel Singapore.

These tributes to the best-of-breed players aim, above all, to be fair and objective benchmarks for the global private banking and wealth management business.

The awards have been created to identify industry leaders and those individuals and organisations that are setting new standards.

Crucially, they identify the best practice institutions – those that have done the most in the past year to advance and strengthen wealth management as an industry.

A full write-up of the awards plus a wrap-up of the key takeaways from the 22nd PBI Wealth Summit will appear in November’s edition.

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Private Banker International Global Wealth Awards 2012Winners& Highly Commended

Lifetime Achievement Award 2012

Michael Lagopoulos, Deputy Chairman, RBC Wealth Management

The Editor’s Special Award 2012

Fieldpoint Private

Outstanding Global Private Bank 2012

Winner, Credit Suisse

Highly Commended, BNP Paribas Wealth Management and J.P Morgan Private Bank

Outstanding Private Bank – Asia Pacific (Overall) 2012

Winner, HSBC Private Bank

Outstanding Private Bank – Asia Pacific (Regional) 2012

Winner, Standard Chartered Private Bank

Highly Commended, Bank of Singapore

Outstanding Private Bank – South Asia 2012

Winner, Kotak Wealth Management

Highly Commended, IIFL Private Wealth Management

Outstanding Private Bank – East Asia 2012

Winner, Hana Bank

Highly Commended, Taishin Bank

Outstanding Private Bank – Southeast Asia 2012

Winner, DBS Private Bank

Outstanding Private Bank – Europe 2012

Winner, BNP Paribas Wealth Management

Highly Commended, Deutsche Bank Private Wealth Management and J.P. Morgan Private Bank

Outstanding Private Bank – North America 2012

Winner, RBC Wealth Management

Highly Commended, J.P. Morgan Private Bank

Outstanding Private Bank – Latin America 2012

Winner, Itaú Private Bank

Highly Commended, HSBC Private Bank

Outstanding Private Bank – Middle East 2012

Winner, HSBC Private Bank

Highly Commended, Bank Sarasin-Alpen and Societe Generale Private Banking

Outstanding Private Bank for UHNW Clients 2012

Winner, J.P. Morgan Private Bank

Highly Commended, Credit Suisse

Outstanding Philanthropy Offering 2012

Winner, Coutts

Highly Commended, Credit Suisse and Lombard Odier & Cie

Outstanding Wealth Management Service for The Affluent 2012

Winner, CIMB Private Banking

Highly Commended, United Overseas Bank

Outstanding Wealth Manager – Customer Engagement 2012

Winner, Bank Julius Baer

Outstanding Wealth Planning & Trust Provider 2012

Winner, RBC Wealth Management

Highly Commended, HSBC Private Bank and Societe Generale Private Banking

Outstanding International Wealth Financial Centre 2012

Winner, Jersey International Finance Centre

Outstanding International Wealth Management Platform 2012

Highly Commended, CAIS

Outstanding Global Private Banker 2012

Rory Tapner, Chief Executive Officer, Wealth Division of RBS Group

Outstanding Private Banker – Asia-Pacific 2012

Peter Flavel, CEO, J.P. Morgan Private Wealth Management

Outstanding Young Private Bankers 2012

Recognising up-and-coming talent in the private banking industry

Aditya Singh Chauhan, Societe Generale Private Banking

Camilla Stowell, Coutts

Denise Leonardi, Standard Chartered Private Bank

Ihab Al-Derzi, Standard Chartered Private Bank

Mouhammed Choukeir, Kleinwort Benson

Shiv Gupta, RBS Private Banking

Tan Tee Ming, CIMB Private Banking

Willis Phong, Westpac Private Bank

Source: Private Banker International