Indosuez Wealth Management has expanded its Southeast Asia business with the hire of three new executives.
Indosuez Wealth Management appoints Sandy Chen as managing director and senior banker, according to a statement, reporting to Ong Yeng Fang, global market head, Southeast Asia. Chen has nearly 20 years of wealth management experience, most recently as a senior vice president at UOB Private Banking.
The French private bank also hired Mark Chester Ng as an executive director and senior banker, also reporting to Ong. Ng has 28 years of banking experience, most recently at J. Safra Sarasin where he was focused on expanding the ultra-high net worth segment in Southeast Asia. Previously, he spent 13 years at Citi where he first began his banking career.
Portfolio Management
In addition to the front office, Indosuez hired Sarah Lee as a director and senior portfolio manager in the asset management team. Lee has close to 18 years of investment experience in private banking, most recently at BNP Paribas Wealth Management where she led its global equities portfolio.
«Over the past few years, Indosuez has been increasingly strengthening our team in Asia. We are confident about the long-term growth potential of Asia and these senior colleagues are major additions to our team, underlining our commitment to enhance the bank’s long-term development,» said Indosuez Asia CEO and Singapore branch manager Omar Shokur.
