Lam Leong Yip, chief risk officer Asia, Bank Julius Baer shares his views with Asian Private Banker in ‘The Final Word’, a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology.
Regulations | How has your private bank responded to regulators’ increased emphasis on building proper banking culture?
Bank Julius Baer has implemented a comprehensive risk culture framework, and the message starts from the very top from our CEO and the executive board, all the way down to all employees across the bank. We have our code of ethics and business conduct and expect our employees to exhibit ethical behaviour in accordance with the values of the bank, which include care, passion, and excellence. In addition, all employees’ performance evaluation and compensation process are aligned with the bank’s values through the incorporation of risk-related behaviour and key risk indicators in our HR processes.
Meet 2019’s industry leaders in the full round up of of Asian Private Banker‘s The Final Word 2019.