Published by Tom Burroughes, Wealth Briefing Asia – Tuesday 6th September 2016
Andrew Lee, who has been market head of Indonesia at HSBC Private Bank has left the firm, this publication understands.
Lee, who is a managing director and based out of Singapore, held the role from July 2009, according to his career profile details on Linkedin.
Prior to this, he was market head, private wealth management for Malaysia and Thailand business at Deutsche Bank for 10 years. And from 1985 to 1998, Lee was vice president, private banking, at Citi.
When asked about the matter, HSBC Private Bank declined to comment.
Separately, as reported on this news service, the private bank has appointed former Citi senior manager Chester Wong as head of investor counselling and and David Ng, former head of HL Bank in Singapore, as head of ultra-high net worth investment counselling. The pair work in the private bank’s investment services and product solutions group for Southeast Asia. Both roles are newly-created, designed to reflect the firm’s commitment to this area of business, it said.
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