He announced his departure on LinkedIn on Friday, saying he was «excited» for the next stage in his career.
Shang-Wei Chao, HSBC Private Banking's Singapore and Malaysia market head, will be leaving the firm, he announced in a LinkedIn post, which was confirmed to finews.asia by a spokesperson at the bank.
Chao joined HSBC in 2016, after 12 years at UBS, where he was a client advisor and desk head covering numerous Southeast Asian markets. The bank did not disclose plans for a replacement.
«Express Train»
«Since joining HSBC Private Banking in 2016, I've felt that I was on an express train that didn't need to stop to refuel,» Chao said in the post.
«The bank has successfully transitioned to its strategy to get back to growth, and other transformation goals have made amazing headway,» he said about his time at the firm.
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