As part of its focus on expansion in Asia, VP Bank has announced the official move to its new office in Hong Kong which will be able to house more than double of the lender’s existing headcount in the city.
VP Bank has shifted to its new office in Hong Kong’s central business district, according to a statement, signaling the Liechtenstein-headquartered lender’s continued focus on expansion in Asia.
«In line with the Group’s Strategy 2026 and to support our vision in Asia, we have committed to a new office space in Hong Kong's core central district,» said VP Bank’s Asia chief of staff Heline Lam.
«This office space, which comprises our own floor, allows us to accommodate more than double our headcount.»
Group Strategy 2026
VP Bank’s «Strategy 2026» will focus on growth through its core capabilities, namely the servicing of intermediaries and private clients, and the key markets targeted in Asia include Singapore, Hong Kong, Indonesia, Malaysia and Thailand.
VP Bank also recently formed the Asia management committee which fully integrates the Singapore and Hong Kong units.
«Asia represents one of the top priorities in the Group’s Strategy 2026,» added head of Hong Kong Reto Marx. «We are fully committed to this region and continue to invest and re-energize our business model in order to cater to our clients' evolving wealth management needs.»
