Published by AsianPrivateBanker – 24th February 2015
Investment technology and service provider, Leonteq AG, appoints an ex-Goldman Sachs banker as deputy CEO of its Singapore subsidiary.
Jeremy Ng, previously an executive director with Goldman Sachs, based in Singapore, has been confirmed as deputy CEO for the Swiss-based investment technology provider. Starting in May this year, Ng will report to Leonteq (Singapore) CEO, David Schmid, and be responsible for building Leonteq’s presence in the region, according to a press release from the company.
The move further underscored Leonteq’s continued growth in the region after he company confirmed the launch of a partnership with DBS for the origination and distribution of equity derivatives structured products. Leonteq were granted a capital markets license in Singapore in June 2014, having established a sales and marketing team in the lion city in 2012. The firm has had presence in Asia Pacific since 2010, when it established its Hong Kong offices.
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