Credit Suisse’s former deputy chief executive of wealth management for Asia Pacific Jin Yee Young is expected to join a rival European private bank weeks after leaving the troubled Swiss lender.
Jin Yee Young joins Deutsche Bank as its head of the international private bank (IPB) for Asia Pacific, according to a statement, effective January 3 next year and subject to regulatory approvals. Based in Singapore, she will also join IPB’s global executive committee.
Young succeeds longstanding veteran Lok Yim who will focus on his role as chief executive of Deutsche Bank HKSAR, also effective January 3, after six years of leading the wealth management business in the region.
Outstanding Leader
She joins Deutsche Bank from Credit Suisse where she was last its APAC deputy CEO for wealth management and wealth head for Singapore. Prior to Credit Suisse, she also worked at DBS Private Bank and Citibank in Singapore.
«In [Young] we have found an outstanding leader to take the IPB in APAC to the next level. Throughout her distinguished career, [she] has proven herself a strong and effective leader,» said IPB head and EMEA CEO Claudio de Sanctis.
«As one of the most well-respected private bankers in Asia, she possesses all the skills and deep market knowledge needed to run our business,» he added.
