EFG has hired a former Standard Chartered private banker to spearhead its coverage of the Greater China market, Asian Private Banker can reveal.
Vicky Lin has been appointed market head for Greater China at the Swiss private bank, based in Hong Kong.
Lin, who was previously Standard Chartered Private Bank’s head of the Taiwan market, reports to Kees Stoute, chief executive of EFG Hong Kong (subject to local regulatory approval) and North Asia head of EFG Asia.
Asian Private Banker first reported Lin’s exit from StanChart in November last year.
A spokesperson for EFG confirmed Lin’s hire.
In March this year, EFG completed the integration of BSI Hong Kong and, a month later, completed the integration of BSI’s Swiss business.
EFG finished 2016 with US$22 billion in assets under management in Asia, which includes assets onboarded from BSI’s Singapore unit, according to Asian Private Banker estimates.