Swiss provider for investment solutions Leonteq has elected a new CEO for its entity in Singapore, as finews.asia can reveal. The new chief replaces David Schmid who returned earlier this year to Switzerland.
Jeremy Ng is the new CEO of Leonteq Securities (Singapore), as finews.asia can reveal after a spokesperson confirmed this information. He joined the company in May 2015 from Goldman Sachs' Securities Division where he headed third-party distribution in Hong Kong and Singapore; Ng had been with the bank from 2010 to 2015.
Before that he worked for Deutsche Bank Global Markets, Morgan Stanley Private Wealth Management and for Goldman Sachs' Investment Management Division.
A Growing Franchise in Asia
Ng joined Leonteq as a Managing Director and Deputy CEO Asia, responsible for building Leonteq’s distribution business in Asia. After David Schmid earlier this year left Singapore for Zurich becoming the global Head of Sales for Leonteq, Ng was somehow the logical successor. His new role has now been approved by the Monetary Authority of Singapore (MAS).
«Jeremy Ng is very important for Leonteq. We are extremely glad to have such an experienced and highly distinguished manager as our new CEO and contributing to our growing franchise in Asia. His background will allow us to bring our service depth up to another level for the benefit of our Asian clients,» Jan Schoch, CEO of Leonteq told finews.asia.
