Zurich-based EFG has expanded its Asia business by hiring a handful of private bankers from Credit Suisse, Haitong and more.
EFG has expanded its Asia business with a handful of hires in Hong Kong and Singapore, according to a statement.
In Hong Kong, the bank welcomes Philip Cheung as Greater China market group head, reporting to Hong Kong chief executive David Louie. He bring with him Anne Cheng and Jonathan Luk who both join as client relationship officers (CRO). All three previously worked at Credit Suisse with Cheung last serving as a Greater China market team leader.
In addition, the Hong Kong office is also joined by team head Austin Luo, alongside CRO Judia He. Luo and He were most recently working at Haitong International Securities as head of private banking and team head, respectively. In the role, Luo reports to Jessica Ng, market group head, Hong Kong.
Singapore Hires
And in Singapore, EFG has hired CROs Phantira Vergara and Lydia Lucky, who both report to Tay Yu Jin, market group head, Southeast Asia.
Vergara rejoins EFG from Goldman Sachs where she was most recently an executive director. Lucky is also a former Credit Suisse banker and vice president, with a focus on the Indonesian market.
EFG has been actively expanding in Asia, especially for the China and Southeast Asia markets. The Swiss pure-play reportedly added 30 bankers in the region, as of early July, as part of broader plans to hire 100 bankers globally in 2023.
