Former Westpac executive and the current, interim chief executive of National Australia Bank, Phil Chronican has been formally named to succeed Ken Henry as chairman of the big banking group.
August Hatecke, co-head of wealth management for Asia-Pacific, will also assume the role of country head of Singapore and head of the Singapore branch.
Marking the end of a multi-decade career with BNP Paribas, its erstwhile head of sales for Wealth Management and Family Offices and its Head of Strategic Equity Solutions APAC resurfaces in a new role.
Henri Leimer, CEO of LGT Private Banking Asia, arrived in Hong Kong 30 years ago. He directed the Asian growth of LGT from a representative office into a leading Private Banking partner.
Published by Wealth Briefing Asia, Tom Burroughes – 7th January 2018
A prominent executive search firm in the Asia-Pacific region reflects on the state of the employment market in the private banking, external asset management and other wealth management sectors.
The Asian private banking sector produced mixed fortunes in the employment market last year, with many firms starting 2018 with aggressive hiring strategies before pulling back as market headwinds forced them to change course, according to executive search firm Huddleston Jones.
With more global fund houses setting up wholly foreign owned enterprises (WFOEs) in China, finding enough of the right staff is likely to be difficult and expensive.
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