Winners Rationale

“Horace Yip has been recognised as Market Head of the Year for his exceptional leadership and strategic vision in steering Citi Private Bank’s operations across Hong Kong and the Greater Bay Area,” said Audrey Raj, editor of Asian Private Banker. “Appointed head of Hong Kong in 2018, Yip expanded his remit in 2022 to the Greater Bay Area, reflecting his proven capabilities and Citi Private Bank’s ambition to capture a growing share of this interconnected market.

“Since joining Citi Private Bank nearly two decades ago, Yip has built a reputation for excellence in private banking, managing UHNW client relationships in Hong Kong and Thailand, leading the investment advisory team, and developing the bank’s wealth management businesses in Hong Kong. Yip enjoys seeing his team grow into trusted advisors, and the chance to innovate and succeed together drives his commitment to a supportive workplace.

“Under his leadership, Citi Private Bank navigated the challenges of 2024 to achieve substantial investment revenues, demonstrating resilience, agility, and strategic foresight. His ability to balance market growth, client relationships, industry engagement, and deliver strong business performance in the North Asian market in 2025 underscores a career defined by influence and impact.

“Beyond his operational responsibilities, Yip plays a significant role in shaping the broader financial community in Hong Kong. He serves as a member of the Hong Kong Executive Committee of Citibank, vice chairman of the Private Wealth Management Association of Hong Kong, and honorary chairman of the Youth Committee of The Chinese Manufacturers’ Association of Hong Kong.

“Horace Yip’s unwavering dedication and visionary approach have set a benchmark for market leadership, making him a deserving recipient of Market Head of the Year. Congratulations to Yip on this achievement!”