Bank J. Safra Sarasin has appointed a new Managing Director, Client Advisory, to its Hong Kong team. Last year the bank made several senior hires to its Singaporean unit including a new CEO.
Masaki Sugawara who began his career in Tokyo in 1994 and moved to Hong Kong in 2002, joins J. Safra Sarasin from Deutsche Bank Private Wealth Management, where he was Director, Japan Market. Sugawara had worked at Deutsche since 2006, the bank said in a statement today.
He moved to Hong Kong in 2002 to work with Credit Suisse Private Bank as a Relationship Manager, Japan Market. From 1998 to 2002 he worked in Tokyo at Citi Private Bank where he was an Assistant Vice President, Japan Market. Before moving to Citi, Sugawara was a Relationship Manager at The Long-term Credit Bank of Japan, where he began his banking career in 1994.
First Hire of 2017
«Masaki brings long-term expertise in the Japan market to J. Safra Sarasin. With our first hire in Asia in 2017, we are delighted to again demonstrate our deep commitment to Asia and to expanding our ability to offer our expertise and products to a greater range of clients,» said Enid Yip, Chief Executive Officer, Asia, Bank J. Safra Sarasin.
Sugawara is a Japanese national and a Permanent Resident in Hong Kong.
Last year the bank made several senior additions to its Singapore business. It hired Benedikt Maissen (pictured) as the Singapore CEO and appointed Sutarmin Lili to push into the Indonesian market.
In November 2016 the bank created a new role and appointed Peter Buehler as Managing Director as Head External Asset Managers & Intermediaries, Asia.
