Standard Chartered has appointed Peter Heidinger as global head of its financial institutions arm.

Based in Singapore, he will report to Sean Wallace, the bank’s group head of origination and client coverage.

Heidinger will be responsible for deepening relations with the bank’s financial and government institutional clients.

Heidinger was previously at Citigroup, where he was most recently head of investment finance in its private banking arm for Asia Pacific.

Before this, he was responsible for the bank’s financial institutions coverage for Asia Pacific.

The appointment follows the departure of three global heads in Standard Chartered’s Singapore office since May 2011.