Indosuez Wealth Management has announced additional senior appointments in Asia. Throughout 2017 the bank has already been adding to both its Singapore and Hong Kong businesses.
Indosuez Wealth Management (Indosuez) recently agreed to acquire the private banking units of Credit Industriel et Commercial (CIC) in Asia. The deal will mean Indosuez will have Assets Under Management (AUM) of $14 billion in the region.
Throughout 2017 the bank has been hiring, adding to both its Singapore and Hong Kong businesses. The bank has just announced the recruitment of another three new senior relationship managers and a product specialist.
Boosting Asian Wealth Hubs
Andrew Cheng has been appointed managing director in Hong Kong, reporting to Piera Au-Yeung, team head and deputy chief executive of the Hong Kong branch. Cheng previously worked at ANZ Private Bank and Bank Julius Baer in Hong Kong, and has over a decade of private banking experience in the Greater China region.
Also in Hong Kong Amy Yeung is appointed senior director and will report to Au-Yeung. Before taking on this role, Yeung was with ANZ Private Bank and ABN AMRO Private Bank in Hong Kong for over 10 years as a senior private banker.
In Singapore Indosuez appointed Qays Koh as director, reporting to Michael Yeo, team head and senior director of the Singapore branch. Koh joined from ABN AMRO Private Bank and Standard Chartered Bank in Singapore.
The bank has also added a fixed income specialist Teresa Hui as fixed income advisor in Hong Kong. She will report to Arjan De Boer, head of Markets and Investments & Structuring, Asia. Prior to her new role she worked for Banque Edmond de Rothschild in Hong Kong.
