Liechtenstein-based VP Bank Group named an industry veteran head of private banking at its Singapore business. The banker joins from a local rival.
Kimmis Pun will start at the bank with immediate effect. Bruno Morel, CEO of VP Bank Singapore announced the appointment at a media briefing in Singapore on Thursday.
Pun joins from Standard Chartered private bank in Singapore where her last role was managing director and head of the greater China region. Before that she was head of China at BNP Paribas private bank Singapore and executive director at UBS Singapore.
More Office Space in Singapore
Morel also said he wants to double the headcount in the city-state within three years and to that end the bank is adding more office space in Asia Square. VP Bank in Singapore currently employs about 50 people. The bank is also in the process of upgrading its Singapore banking status to become a wholesale bank from its current merchant bank standing.
VP Group recently proposed Thomas «Tom» Meier to join its board, as finews.asia reported. The move is noteworthy because Meier is a ten-year veteran of Julius Baer in Asia, and his appointment will bolster the Vaduz-based bank as it seeks to expand its Asian wealth management footprint.
