Published by Wealth Briefing Asia – 8th Sep 2016
A former Indonesian desk head at UBS who left the Swiss bank in May this year has resurfaced as team head of Southeast Asia at RBC Wealth Management, this publication has learned.
Ong joined the Canadian firm on 22 August. He is based out of Singapore, a spokesperson for the firm confirmed to WealthBriefingAsia after it heard of the move from sources.
In his new role, Ong is executive director, team head. In this role he will cover the Southeast Asia market, reporting to Tho Gea Hong, who is head of wealth management, Southeast Asia. Ong has a total of 18 years’ experience in the wealth sector.
Ong is not the only former UBS senior manager to have left the firm this year and resurfaced elsewhere. Joseph Poon, who was head of ultra-high net worth and global family office businesses in Southeast Asia, was later appointed by DBS to be its regional head of Southeast Asia at DBS Private Bank. Poon also held senior roles at Julius Baer, Macquarie Private Bank and JP Morgan in Singapore.
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