The head of emerging Asia at Swiss private bank Julius Baer is departing. She was also responsible for the EAM business.
Angela Bow, one of Julius Baer's best-known senior managers in Hong Kong has resigned after just two years with the bank, sources familiar with the move told finews.asia. A rising star, Bow was originally appointed the bank's head of emerging Asia but soon managed its successful External Asset Managers (EAM) business as well.
In the wake of her departure from the bank, Christian Capelli, currently market head for the Phillippines will assume responsibility for Philippines, Thailand and the bank's Thai joint venture. As market head, Capelli will report directly to Jimmy Lee, head of Asia Pacific and member of the executive board.
The Swiss bank declined to comment.
Japan Teams Re-Assigned
The lucrative intermediaries business has been folded back into a global reporting structure as it was before Bow joined the bank and will now be part of the newly created «Intermediaries and Global Custody» business.
Meanwhile, teams covering Japan from both Hong Kong and Singapore will be integrated into the sub-regions of greater China and South East Asia respectively.
Enticing Colleagues
Bow joined Julius Baer from Credit Suisse, which has a significant South-Asia business. A few months after she joined the bank, Bow recruited ex-colleagues Pradinan Arkarachinores and Agatha Chan as team heads for the Thai and Philippines markets while Tisha Mellado joined the bank as a senior relationship manager for the Philippines.
It is not known whether Bow is headed for another private bank although sources in Asia insist she is not retiring from the industry.
