finews.asia has learnt that a long serving Managing Director at HSBC Private Bank in Singapore has left the firm.

Michael Hua who was responsible for HSBC Private Bank's Malaysian, Thailand, Vietnam and Philippines relationship management teams is said to have left the bank.

Hua had been with HSBC for almost twelve years having joined the firm in October of 2004. He was also developing and implementing the strategic country market plans for Malaysia, Thailand and Vietnam for HSBC out of Singapore.

When asked HSBC Private Bank did not wish to comment on the departure.