The boutique private bank is creating two new key appointments, which will form part of its Asia Management Committee as of 24 September 2021.
VP Bank Asia has appointed Alexander Tsikouras as chief financial officer and chief operating officer Asia and Will Wang as head of client solutions and strategic partnerships Asia, according to an announcement on Thursday.
Based in Singapore, Tsikouras will be responsible for driving the bank’s strategic financial and operational efficiency in Asia. He will report regionally to Pamela Hsu Phua, CEO Asia, and functionally to Roger Barmettler, group CFO and Urs Monstein, group COO.
Wang, based in Hong Kong, will play an active role with VP Bank's clients and strategic partners, identifying and expanding business opportunities in this region. He will report functionally to both CEO Phua and Thomas von Hohenhau, group head client solutions.
Wealth of Experience
Tsikouras brings over 20 years of experience in business development, change and risk management, finance and strategy. He joins from Pictet, where he was chief of staff, Asia, based in Hong Kong. He previously worked for Lloyd's, Deutsche Bank and E&Y.
Wang has over 20 years of experience in private banking from front office, investments to management oversight in international locations spanning across Hong Kong, Singapore and Switzerland. He was previously a managing director and head of investment committee at asset manager Inheliance.
Important Market
Asia is seen by the bank as an important growth market, and figures strongly in its «Strategy 2026,» which targets to generate net revenue of 100 million Swiss francs ($109.35 million) in five years, with a significant contribution coming from the region.
The bank has restructured its management team and appointed Phua as the new head of Asia in July, while filling other key positions.
