Credit Suisse has reshuffled its Greater China business with the promotion of two senior private bankers, finews.asia has learned.
Credit Suisse will look to bolster its Greater China Singapore market coverage with the promotion of team leader John Huang and senior relationship manager Vanessa Wu, according to an internal memo seen by finews.asia, effective immediately.
Huang has been appointed market leader and Wu has been appointed team leader.
Huang will permanently report to Keng Cheong Lock who was recently appointed as market group head, private banking Greater China Singapore. Wu will report to Lock in the interim.
GC Singapore
According to the memo, the new appointments signal the bank’s commitment to the Greater China Singapore market to further client relationships and growth. A second market leader will also be announced shortly.
«We are proud to keep on expanding our Greater China private banking activities with these appointments,» said North Asia head of private banking Francois Monnet. «Both [Huang] and [Wu] are seasoned bankers with extensive market experience and knowledge of the ultra-high net worth segment. We will continue to grow and invest in this key market, which is of strategic importance to the bank.»
A spokesperson for the bank confirmed the contents of the memo.
The bank recently made a series of hires for the Greater China Singapore market including Terence Seah from UOB Private Bank, Harry Chen from Julius Baer and ex-UBS banker Maggie Ma.
