The new hires are all experienced relationship managers who've gained their experience at larger rivals.
Indosuez Wealth Management, the global wealth management brand of Crédit Agricole Group, is strengthening its teams in Singapore and Hong Kong with four new private bankers, the firm announced in a press release on Thursday.
Priscilla Cheong joins its Singapore team from UBS Wealth Management, where she was an executive director managing ultra-high net worth clients. She brings 25 years of private banking experience, having worked for Bank of Singapore, Deutsche Bank, BNP Paribas Private Bank and Credit Lyonnais (Suisse).
Also based in Singapore, Lau Sim Yee joins from Credit Suisse, where she was a director managing North Asia clients. Her 20 years in the industry has seen her manage high net worth clients for UBS, BNP Paribas Private Bank and Citi. Ho Yee Lin, previously an executive director at LGT in Singapore, also joins Indosuez in the city-state.
Hong Kong Adds HNW Specialist
In Hong Kong, the firm has brought on board Eddie Hui, previously a senior relationship manager at Bank of China, Hong Kong. Hui brings 17 years' experience in wealth management, including private banking and HNW brokerage at BNY Mellon and CIC.
«The deeper bench will help [Indosuez] to acquire new clients across markets as well as bring new wealth investment perspectives to existing clients,» the firm said in the statement.
As of 30 June 2019, Indosuez had €130 billion ($145.4 billion) in assets under management.
