2016 has been a huge year for the industry in terms of hires, fires, resignations and promotions. Asian Private Banker was on the frontline, breaking the most significant moves of the year. Here, we round up just some of our exclusives; and see here for our key people move trends in 2016. You heard it here first!
JANUARY | Julius Baer appoints former Credit Suisse banker Torsten Linke as head, private banking, SEA, and branch manager Singapore. |
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Credit Suisse loses China market leader David Shick | |
Ron Lee, UBP's Asian head of investment services, exits | |
FEBRUARY | Angela Bow leaves Credit Suisse, where she served as Philippines market leader; resurfaces at Julius Baer |
EFG loses its Singapore head of private banking, Gea Hong Tho | |
Amy Shum, managing director at LGT in Hong Kong exits | |
MARCH | Michel Longhini reveals that he expects 90% of UBP's Asia bankers to come from Coutts |
Bank of Singapore relocates NRI banker, Nikhil Advani, from Singapore to Dubai to take on role as senior relationship manager with UAE-based mega-wealth team | |
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Bank of Singapore names Zubin Dabu as market head for Sub-Continent & NRI Southeast Asia. | |
Bank of Singapore loses NRI bankers, Vimal Bali and Richa Sood | |
BSI appoints Alberto Pasini as COO in Hong Kong | |
Bank of Singapore names Wojciech Rzasa as head of digital development | |
APRIL | ![]() |
Samir Dewan exits as RBC Wealth Management's COO for emerging markets | |
J.P. Morgan Private Bank's market manager for the North Asia HNW client segment exits | |
UBP appoints Ricardo Choi, managing director and team head for Philippines market |
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Elisa Sanchini leaves Indosuez Wealth Management, where she was senior investment director | |
Edmond de Rothschild loses Asia head of portfolio management, Stephen Leung | |
Citi Private Bank's Hong Kong team head, Raymond Cheung, exits | |
Michael Yong-Haron, managing director and head of RBC Wealth Management, North Asia leaves | |
James Hughes, a managing director covering the British expatriate community in Hong Kong, resigns from Pictet | |
Stella Kong, head of relationship management, China and deputy regional head of private banking for Greater China and North Asia, leaves Standard Chartered Private Bank | |
MAY | Credit Suisse adds 30+ private bankers in Asia in Q1 |
Stella Kong resurfaces at Credit Suisse as market group head for China | |
Carole Cheung joins Credit Suisse as market group head for Philippines | |
Pictet splits Asia, Hong Kong CEO roles; Sharon Chou named HK CEO | |
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Julius Baer’s group head of Greater China, Richard Hu, leaves | |
Senior departures at UBS in Singapore, including Joseph Poon, Duncan Ong, and Urs Grueter | |
PH Chng, country team head for Taiwan International at UBS, exits | |
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Pictet Wealth Management names Dominique Jooris as Singapore CEO | |
Yee Kim Tan joins Julius Baer as Greater China group head | |
Bank of Singapore’s market head of Hong Kong, Edward Chow, exits | |
JUNE | Jacqueline Koo leaves ABN AMRO Private Banking, where she was Asia head of DPM |
Indosuez Wealth Management's Asia head of market and investment solutions, Norbert Joué, leaves bank | |
Edmund Yun resigns as BMO Private Bank's Asia head of investment | |
Credit Suisse's Thailand onshore team members revealed; led by Khun Thippa Praneeprachachon | |
Caroline Chan resigns as head of investment product unit at EFG in Hong Kong | |
Mark Dormer leaves DBS Private Bank where he covered the international clients desk. | |
UBS Wealth Management's head active advisory APAC, investment products and services, Yves Klenk, resigns | |
Senior Bank of Singapore NRI banker, Harpreet Singh, resigns | |
JULY | ![]() |
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Vivian Chan, Barclays' regional head of North Asia for private banking exits; to resurface at StanChart Private Bank as regional head for Greater China and North Asia. | |
Edwin Lim joins Credit Suisse as market group head for Taiwan | |
Greg Yu succeeds Lemuel Lee as J.P. Morgan's head of third party distribution in Asia | |
Serge Janowski leaves Julius Baer, where he was head of special markets, based in Hong Kong | |
Edward Chow, Eric Kong join Julius Baer as Greater China group heads | |
DBS Private Bank’s DPM head, Rebekah Chuan, resigns |
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StanChart Private Bank loses Greater China head of trust and fiduciary services, Andrew Chan | |
Joseph Poon resurfaces at DBS Private Bank | |
UBS Wealth Management loses executive director for wealth planning, product management and distribution in APAC, Nicholas Kourteff | |
Abhishek Mehrotra rejoins HSBC Private Bank as desk head covering Southeast Asian markets | |
Michael Yong-Haron resurfaces at StanChart Private Bank | |
AUGUST | ![]() |
Yves Klenk resurfaces at Julius Baer as head of markets and advisory solutions, Hong Kong | |
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Hwee Hoon Sim steps down as Asia COO for Morgan Stanley Private Wealth Management; replaced by David Wraight | |
ABN AMRO Private Banking cuts Asia frontline, including Gary Mok, team head for Hong Kong market | |
Dominik Fuerst, formerly executive director at Lombard Odier in Hong Kong, joins Julius Baer as team head, focusing on the Philippines market. | |
Ex-UBS private banker, Duncan Ong, resurfaces at RBC Wealth Management as executive director and team head covering Southeast Asia market. | |
Julius Baer shifts Christian Cappelli, market group head for the Philippines, to Singapore; Ivan Guidi, ex-head of offshore markets ex-Greater China, appointed deputy sub regional head for emerging Asia and senior client advisor for UHNW Philippines, based in Hong Kong. | |
ABN AMRO Private Banking cuts international clients team in Singapore, including Bert Stegink, Jos Kleijne and Nicholas Moraitis | |
SEPTEMBER | ABN AMRO Private Banking names former Pictet CEO for Southeast Asia, Anuj Khanna, as Southeast Asia head |
Julius Baer nabs NRI bankers from BSI, including Prashant Goel, Shagun Tyagi, Sanam Budhrani and Reena Badlani | |
Arthur Fong, Bank of Singapore's greater China team head and former politician, resigns | |
Credit Suisse’s Hong Kong-based head of trust and estate advisory, Teddy Chu, exits | |
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OCTOBER | Kapil Kapoor, BSI’s Hong Kong NRI head, exits |
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Deutsche Bank Wealth Management loses Singapore-based global head of key client partners, Anurag Mahesh | |
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Christian Senn, Credit Suisse Private Banking's market group head Thailand, to take a leave of absence of up to a year starting 1 January 2017, but is expected to return; vacancy to be filled by former UBS Wealth Management veteran, Urs Grueter | |
NOVEMBER | StanChart Private Bank loses David Koay, managing director and head of client relationship management for the ASEAN region |
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Goldman Sachs PWM appoints Jacky Tang as Asia head of portfolio management group; Bryce Wan takes on private wealth advisor role | |
Kapil Kapoor resurfaces at Julius Baer as Hong Kong team head for the NRI and Indian Subcontinent desk | |
Pakhorn Boonyakurkul exits LGT in Hong Kong, where he was managing director, business development in Asia, | |
Credit Suisse names Rick Meng as head of private banking, China onshore | |
Deutsche Bank Wealth Management names Joyce Ngan as new Singapore-based head of funds solution, global products & solutions, for Asia Pacific, replacing Karen Tan | |
Tom Keenan appointed BlackRock's head of private bank and wealth distribution for Asia ex-Japan, following exit of Tan-Yuan Kueh, | |
Michael Christo, UBS Wealth Management's head of the portfolio specialist team in Hong Kong, appointed desk head for Hong Kong domestic Kowloon team, effective 1 January 2017. | |
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Vicky Lin, StanChart's head of Taiwan, private banking, to exit | |
DECEMBER | EFG names Lee Chang Tze as deputy CEO and co-head of private banking in Singapore |
Dominic Lane resigns from HSBC Private Bank, where he was Singapore head of international markets | |
Wing Lung loses head of private banking and wealth management, Joseph Tam | |
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StanChart Private Bank’s head of investment advisory for Southeast Asia, Mario Christoph Becker, exits |
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