Schroders Asia in Senior Hire

Published by Finews.asia – 9th November 2016 

Global investment manager Vanguard has announced several changes to its executive team in Australia. Two senior leaders will take on new roles based at the company’s U.S. headquarters.

In light of global rotations, Vanguard Australia’s current National Sales Manager, Key Accounts, Platforms, and Research, Matthew Lumsden, will join the Australian Executive team as the new Head of Distribution.

Published by Finews.asia – 8th November 2016 

J. Safra Sarasin in Singapore has appointed a new Managing Director to lead a team covering the Indonesia and Southeast Asia markets.
Bank J. Safra Sarasin has appointed Sutarmin Lili as a Managing Director, Client Advisory, effective 8 November 2016 the bank said in a statement today.

In his new role Lili will manage a team primarily covering the Indonesia and Southeast Asian markets. He will report to Benedikt Maissen, (pictured) Chief Executive Officer, Singapore, and will be based at Bank J. Safra Sarasin’s Singapore Branch.

Published by Finews.asia – 4th November 2016 

A former Executive Director, Wealth Management at UBS, Singapore, has crossed the street to take up a senior role with rival HSBC Private Bank.

In a statement to finews.asia HSBC Private Bank said: “We can confirm the appointment of Shang-Wei Chow as a Market Head, Domestic (Singapore) team at HSBC Private Bank, effective 3 November 2016. His appointment underpins our continued efforts to enhance our client servicing capabilities and deepen our engagement with clients.”

Chow is a seasoned private banker with nearly 15 years of experience managing client relationships and wealth portfolios in Southeast Asia. As a Market Head of the Domestic team he will be responsible for new business development and deepening existing client relationships in line with HSBC’s strategy. Prior to joining the bank he was Executive Director, Wealth Management at UBS, Singapore.

A Year of Change

HSBC has seen numerous changes to its Singaporean private bank throughout 2016 including the departures of HSBC veterans Rob Ioannou to DBS and Michael Hua to LGT Private Bank.

HSBC Private Bank in the city-state has also appointed several new bankers including a Head of Investment Counselling together with a new Head of Ultra High Net Worth Investment Counselling.

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Published by Wealth Briefing Asia – 3rd November 2016

Bank of East Asia (China) has appointed Cartier Lam Chi-man as executive director and chief executive. The role was previously held by Kwan Tat-cheong, who will take up a new position as senior advisor to BEA China.

Lam has experience in the banking industry and of mainland China’s financial markets due to his 20 years of experience working at BEA.

Published by Finews.asia – 28th October 2016 

Singapore’s DBS Bank has appointed a Head of International Private Bank. His coverage will include Global South Asia and Non Resident Indian teams, the Europe, Middle East and Africa geographies.

Published by Finews.asia – 28th October 2016

Singapore’s DBS Bank has appointed a Head of International Private Bank. His coverage will include Global South Asia and Non Resident Indian teams, the Europe, Middle East and Africa geographies.