EFG has hired an industry veteran and former Bank of East Asia executive to lead its private banking business in Hong Kong.
EFG has named Jessica Ng as its new head of private banking in Hong Kong, according to a statement, effective immediately.
She succeeds Richard Strauss who has decided to retire at the end of March 2022 and focus on handing over to Ng in the coming months.
Ng reports to Hong Kong branch CEO and business head Kees Stoute and will also join as a member of the Asia Business Committee.
Hong Kong PB Veteran
Ng joins from Hong Kong family-owned lender, Bank of East Asia, where she spent 20 years in various senior positions and last served as its head of private banking.
«With her vast knowledge and experience of private banking and her deep understanding of the local markets, [Ng] will be a significant addition to our senior management team,» Stoute said. «In her new role, she will focus on driving the business forward and on further strengthening the bank’s strategic development to deliver long-term, sustainable success.»
