Deutsche Bank has hired a former HSBC executive as a managing director in its wealth management unit.

Tse Yi-Mun joins Deutsche Bank Wealth Management as a managing director and group head for North Asia, according to a statement.

Based in Singapore, she reports to North Asia head of wealth management Kanas Chan.

Tse has 23 years of private banking experience, most recently with HSBC Private Banking where she was its market head for Hong Kong. Previously, she also worked for DBS and ABN AMRO covering the Greater China market.