The defection toll at Credit Suisse gets higher and higher. Numerous veterans at the Swiss lender have found their way to Deutsche Bank which is on an aggressive hiring spree, including a new client partner in Southeast Asia.
Deutsche Bank has appointed Serene Wee as managing director and senior client partner in Southeast Asia wealth management. Based in Singapore, Wee joined Deutsche Bank International Private Bank (IPB) this month and reports to Anurag Mahesh, vice chairman IPB APAC and interim head, IPB Southeast Asia.
Wee will focus on delivering tailor-made wealth management solutions to ultra-high net worth (UHNW) clients in Southeast Asia, including family offices, trusts, foundations, and entrepreneurs across the region.
Investing in Senior Hires
Wee joins Deutsche Bank from Credit Suisse where she spent almost 20 years focusing on the UHNW client segment. Prior to that, she worked as a relationship manager at BNP Paribas, and as a treasury trader with RBS in Singapore.
«We are committed to growing our platform in Asia Pacific, a region with enormous opportunities. We will continue to invest in senior hires like Serene Wee, and invest in our people and platform to deliver the best solutions to our clients», said Jinyee Young, head of IPB APAC.
Numerous Moves
Wee’s move marks yet another example of Deutsche Bank’s aggressive hiring from Credit Suisse.
Other examples include Young’s shift in October 2022 and the appointment of ex-Indonesia wealth chief Johanes Oeni last week as the head of IPB for Southeast Asia.
