Bank Julius Baer has appointed a new Head of Private Banking Greater China. Based in Hong Kong. The new addition will be responsible for expanding the bank’s business presence and client base in the region.

As had been speculated upon earlier this year, Zurich headquartered Julius Baer has appointed David Shick as Head of Private Banking Greater China with immediate effect. Based in Hong Kong, he will be responsible for expanding the Bank’s business presence and client base across Greater China. He will report to Jimmy Lee, Head Asia Pacific at Bank Julius Baer, the bank said in a note to finews.asia.

Shick has more than 25 years of experience in the financial services industry and has a broad base of professional and management expertise. 

UBS and Credit Suisse

He joins from Credit Suisse’s private banking unit where he was most recently Market Leader China & Taiwan. During his eight years at the bank, he was instrumental in building a successful franchise covering China and Taiwan.

From 2006 to 2008, he was a Director at UBS private banking and helped developed the South China business. Prior to that, he held senior management roles at a number of multi-national firms in Singapore, Taipei and Vancouver, including the Canadian Imperial Bank of Commerce.

Moving On

Kaven Leung, currently CEO North Asia and Deputy Head Asia Pacific, has decided to take his retirement. Since joining the Bank in 2012, he has been instrumental in building up the Julius Baer franchise across Greater China and has played an important role in the successful integration of the Merrill Lynch International Wealth Management business in Hong Kong.

«David’s appointment underscores the importance of Greater China to the Bank and our reputation as an employer of choice in the industry. His business development track record will further strengthen our team as we continue to serve our Greater China clients,» said Jimmy Lee.