19 March 2015

Resignations In Asia From ANZ’s Private Bank

Published by WealthBriefingAsia – 19th March 2015

A number of senior figures at the private banking arm of ANZ have resigned from their posts and due to leave at different dates this year.

A number of senior figures are leaving the private banking arm of Australia and New Zealand Banking Group in Singapore, this publication can exclusively report, in moves that come amid a number of high-level recent comings and goings at the firm in Asia.

Debra Tay, market head Singapore, Malaysia and international clients, has resigned from the firm but is still at the bank. Two bankers in her team, Aloysius Lee and Doris Que, have also resigned. Their departure dates vary and they are also still at the bank. Mike Byers, market head Australasia, has also resigned, this publication has learned.

Helen Lonsdale, senior manager and head of business transformation at the private bank, will be leaving in the middle of this year and is understood to be for personal reasons.

ANZ declined to comment on the matter when contacted by this publication.

A few days ago, ANZ confirmed that as a result of a reorganisation of its private banking and wealth teams in Asia, senior manager Bret Packard takes on the role of leading private banking in the region.

The departure of Manfred Liechti, global head of private banking at ANZ, was exclusively reported by this publication late in February. Liechti has been in the industry for more than 25 years and had spent most of his career at UBS, joining ANZ in 2013.

Packard, who is managing director of wealth Asia, assumed responsibility for private banking in Asia.

Earlier in February, ANZ announced that its global wealth arm “continues to build momentum” with further growth of client funds.

 

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