A senior executive at Bank of Singapore is set to leave the lender, Asian Private Banker has learnt. Singapore-based Dennis Hong, a market group head at the bank, is departing, sources told APB. Bank of Singapore confirmed Hong’s resignation. APB has been unable to determine Hong’s next career move. Hong has more than 15 years of experience in the financial industry. He […]

The post Bank of Singapore loses Asia Pacific market group head appeared first on Asian Private Banker.

BNP Paribas Wealth Management (BNP Paribas WM) has hired from UBS to strengthen its advisory capabilities in Taiwan, Asian Private Banker has learnt. Based in Taipei, Hiko Lee has been appointed as head of investment counselling for Taiwan, effective 8 June 2026, according to an internal memo seen by APB. Lee will be responsible for developing and implementing the bank’s […]

The post BNP Paribas WM hires UBS talent for Taiwan push appeared first on Asian Private Banker.

In a bold departure from its previous focus on South and Southeast Asia, Liechtenstein pure-play LGT raided Chinese securities firm China Merchants Bank International (CMBI) for a team of private wealth professionals in Hong Kong last month. The move underscores an intensifying Asian talent war, in which global firms are increasingly hunting within Chinese institutions to secure critical onshore experience. […]

The post Movers & Shakers: LGT’s CMBI raid signals intensifying battle for Greater China talent appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has hired two senior bankers from rivals to strengthen its South Asia coverage, Asian Private Banker has learnt. Based in Singapore, Sudarshan Athreya has joined the Canadian bank as a managing director and senior relationship manager covering the ultra high net worth segment for South Asia. Meanwhile, Sandesh Assao has joined the bank as an […]

The post RBC WM hires from BoS, BNP Paribas WM for South Asia coverage appeared first on Asian Private Banker.

Citi Private Bank has promoted a managing director to a market executive role. Sarah Courtney Dockett has been named market executive for the Philippines, Australia and New Zealand at Citi PB, Asian Private Banker has learnt. Dockett joined Citi PB in 2011 and brings more than 25 years of experience in ultra high net worth client advisory, franchise development and strategic […]

The post Citi PB names market executive for Philippines, Australia, New Zealand appeared first on Asian Private Banker.

Raffles Family Office has hired two wealth planning heads for Greater China and Southeast Asia.  Based in Hong Kong, Daniel Lai has joined the US$2 billion AUM multi-family office firm as an executive director, head of wealth planning, Greater China. Lai began his role today, according to an internal memo seen by Asian Private Banker. He will focus on cross-border […]

The post Raffles Family Office hires wealth planning heads in Hong Kong, Singapore appeared first on Asian Private Banker.

Hong Kong’s Hang Seng Bank has made a senior appointment to its private banking business, Asian Private Banker has learnt Effective 1 June 2026, Eric Li will assume the role of market head for Hang Seng Private Banking, reporting to Theodore Mak, head of retail distribution at Hang Seng Bank, according to an internal announcement seen by APB. In response […]

The post Hang Seng Private Banking appoints HSBC veteran as market head appeared first on Asian Private Banker.

Deutsche Bank Private Bank (Deutsche Bank PB) has hired a former Julius Baer banker to strengthen its Southeast Asia coverage, Asian Private Banker has learnt. Siang Jin Foo has joined the German lender as a team lead in its Southeast Asia team, reporting to Esther Wong, Southeast Asia Market Head and Head of Institutional Wealth Management. Deutsche Bank PB confirmed […]

The post Deutsche Bank PB taps ex-Julius Baer banker to boost SEA coverage appeared first on Asian Private Banker.

A veteran senior executive at Bank of Singapore is set to depart the lender after a tenure spanning nearly 19 years, Asian Private Banker can reveal. Rodney Sin, who is currently vice chair for ultra high net worth client coverage, is retiring from the bank, sources familiar with the matter told APB. Bank of Singapore confirmed Sin’s retirement. “We would […]

The post Bank of Singapore vice chair for UHNW coverage Rodney Sin retires appeared first on Asian Private Banker.

Since the start of the year, the private banking industry in Singapore and Hong Kong has recorded more than 150 senior executive departures, according to Asian Private Banker data. Many of these exits involve senior bankers and investment specialists moving directly to rival firms or transitioning into asset management roles. That marks a sharp increase from the same period last […]

The post Bottom Line: Over 150 senior exits — is ‘retention’ private banking’s weak spot? appeared first on Asian Private Banker.

HSBC Private Bank has made a senior appointment to its onshore business in Taiwan as the bank looks to strengthen its Greater China franchise. Effective 1 June 2026, Edward Chiu will assume the role of onshore Taiwan market head, according to a statement on Friday. In his new role, Chiu will lead the onshore private banking business in Taiwan, working […]

The post HSBC Private Bank appoints onshore Taiwan market head appeared first on Asian Private Banker.

Maybank Securities Thailand has appointed a veteran private wealth executive to strengthen its wealth management business amid intensifying competition for Thai high net worth clients. Vasin Sukwatwibul was named managing director and head of wealth management, according to a company announcement. He will oversee the firm’s wealth management business and drive its growth strategy in the segment. Sukwatwibul brings more than […]

The post Maybank Thailand hires wealth management head from Kiatnakin Phatra appeared first on Asian Private Banker.

LGT has hired several former private wealth professionals at China Merchant Bank International (CMBI) in Hong Kong, Asian Private Banker has learnt. Liu Jihu, Yang Peng, Dong Ting, and Li Yipan have recently joined the Liechtensteinian boutique private bank, sources told APB. Their HKMA licenses with LGT took effect recently. LGT declined to comment when contacted by APB. APB has […]

The post LGT hires former CMBI bankers in Hong Kong appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has made a senior hire to strengthen its South Asia business, Asian Private Banker has learnt. Based in Singapore, Abhijit Shetty has joined the Canadian bank as a managing director and team head for the global South Asia business. RBC WM confirmed the hire. Shetty has over two decades of experience in wealth management. He […]

The post RBC WM hires from StanChart to boost South Asia coverage appeared first on Asian Private Banker.

J.P. Morgan Private Bank (J.P. Morgan PB) has promoted an internal talent to a senior investment management role, Asian Private Banker has learnt. Singapore-based Xinhui Su was appointed as head of portfolio solutions for Asia, reporting to Joshua Lewin, the bank’s head of investment strategy for Asia. J.P. Morgan PB confirmed Su’s appointment to APB. In the team, which was rebranded […]

The post J.P. Morgan PB appoints head of portfolio solutions for Asia appeared first on Asian Private Banker.

Following a period of stagnation fuelled by the pandemic and a cooling Chinese market, private banks in Asia are resuming active hiring as wealth creation in the world’s second-largest economy regains momentum. However, competition for talent is also intensifying, with professionals with Mainland China experience in particular demand. Alongside increasingly competitive pay packages, banks are broadening their hiring criteria and […]

The post “China has been red hot”: Private banks in “high stakes talent war” for Mainland talent appeared first on Asian Private Banker.

A desk head for the Taiwan offshore market has resigned from HSBC Private Bank, Asian Private Banker has learnt. Hong Kong-based Kendrick Lee is leaving the UK lender, according to sources familiar with the matter. HSBC declined to comment. Lee was part of the Taiwan offshore team under Eng Chien Chan, the former market head for Taiwan, who left HSBC Private […]

The post HSBC Private Bank Taiwan desk head resigns  appeared first on Asian Private Banker.

UBS Global Wealth Management (GWM) has appointed a new head of advisory and sales in Australia to strengthen its footprint. Effective 1 July, Wayne Gordon has been named GWM Australia head of advisory and sales, UBS said in a statement on Friday. In his new role, Gordon will integrate the bank’s Australian business into its broader regional and global platform […]

The post UBS GWM strengthens Australia advisory and sales leadership appeared first on Asian Private Banker.

KGI has tapped a UBS veteran for a senior leadership post, marking the firm’s latest move to bolster its wealth management capabilities, Asian Private Banker has learnt.  Based in Hong Kong, Michelle Shi has been appointed as CIO and head of asset management at KGI. KGI has been approached by APB for comment. A seasoned investment professional with over 20 […]

The post KGI hires UBS exec as CIO and asset management head appeared first on Asian Private Banker.

LGT has appointed a former Standard Chartered Thailand CEO to lead its wealth management business in the country. Effective 15 May 2026, Anchalee Bunsongsikul will take up the position of chief executive officer of LGT Securities (Thailand) Limited, according to a company release on Wednesday. She will also become a member of the LGT Private Banking’s Asia Pacific executive board. […]

The post LGT taps ex-StanChart Thailand CEO to lead wealth business appeared first on Asian Private Banker.

Deutsche Bank Private Bank has revamped its Asia FX advisory team with a new dual-head leadership structure and senior hires in Hong Kong, Asian Private Banker has learnt. The German lender has appointed Kent Lee as co-head of FX advisory alongside Divik Maheshwari. Both Lee and Maheshwari report to Gian-Maria Piccolo, head of investment management, emerging markets at Deutsche Bank Private Bank. According to an […]

The post Deutsche Bank PB bolsters Asia FX advisory with key hires appeared first on Asian Private Banker.

UOB Private Bank has appointed a new market head for Greater China to lead its strategic expansion in the region, effective May 11. Singapore-based Paul Zhou, who previously served as head of sales and distribution for UOB China, will oversee the bank’s business development and wealth management operations across key North Asian markets, according to a company release on Monday. The […]

The post UOB PB names market head for Greater China  appeared first on Asian Private Banker.

A senior investment executive has departed Citi Wealth in Hong Kong, Asian Private Banker has learnt. Ken Peng, head of investment strategy for Asia at the US bank, recently left the firm, according to sources familiar with the matter. Citi has confirmed the departure. Peng’s next move could not be ascertained at the time of reporting. Peng joined Citi Private Bank in […]

The post Citi Wealth’s Asia investment strategy head Ken Peng departs appeared first on Asian Private Banker.

J.P. Morgan Private Bank has hired an industry veteran to bolster its China coverage in Singapore. Sharon Xie has joined the bank’s China team in Singapore as a team head to serve ultra high net worth clients, APB has learnt. J.P. Morgan confirmed Xie’s appointment to APB and added that she reports to Elaine Zhang, J.P. Morgan Private Bank’s head […]

The post J.P. Morgan PB taps BIL Suisse’s Zurich-based APAC head for Singapore role appeared first on Asian Private Banker.

A senior private banking executive will depart Bank of China (Hong Kong), Asian Private Banker has learnt. Judy Chan, private banking market head for China, Hong Kong, and Southeast Asia, is leaving the lender, sources told APB. Bank of China (HK) has been contacted for comment. APB has been unable to determine Chan’s next career move. Chan joined the Chinese […]

The post Bank of China (HK) private banking market head to depart appeared first on Asian Private Banker.

The post-bonus exodus intensified in April, following the wave of exits in March. Bank of Singapore was among the hardest hit, with numerous market and team leaders parting ways with the bank. The top moves in the private banking industry in April included the resignation of Reto Marx, co-head of the Singapore branch and chief risk officer for Asia at […]

The post Movers & Shakers: Who’s in, who’s out, and what’s next for Bank of Singapore? appeared first on Asian Private Banker.

There is a leadership change underway in Julius Baer’s onshore India business as a top executive is set to leave the Swiss pure play. Umang Papneja will be stepping down as the chief executive officer for India after nearly four years in the role to pursue other opportunities. He will continue working for the bank through July this year to […]

The post Julius Baer India CEO to step down, interim appointed appeared first on Asian Private Banker.

Deutsche Bank Private Bank (Deutsche Bank PB) has hired a J.P. Morgan veteran to boost its investment capabilities for its North Asia business, Asian Private Banker has learnt. Based in Hong Kong, Dominic Cheung has been appointed as a director in the investment management team for the North Asia region, according to an internal memo seen by APB. Cheung joins the bank with […]

The post Deutsche Bank PB hires from J.P. Morgan for North Asia investment team appeared first on Asian Private Banker.

The US-Israeli joint military offensive on 28 February 2026 has significantly cooled the war for talent in the Middle East, as private banking candidates hesitate to make long-term commitments to the region. While banks remain committed to aggressive expansion targets, the record-breaking momentum of the first two months of 2026 is now meeting a new layer of candidate hesitation. January […]

The post Geopolitics stalls Middle East talent war as candidates think twice appeared first on Asian Private Banker.

A former senior private banking executive at Bank of Singapore is set to join EFG, Asian Private Banker can reveal. Dubai-based Ranjit Khanna will take up a senior role at EFG, sources told APB. EFG declined to comment when contacted by APB. Khanna is a wealth management and private banking veteran with over three decades of industry experience. He was […]

The post Former Bank of Singapore executive Ranjit Khanna to join EFG appeared first on Asian Private Banker.

The head of private banking for the Middle East, global South Asia (GSA) & international at Bank of Singapore is leaving the Singaporean lender, Asian Private Banker can reveal. Ranjit Khanna, who also held the role of chief executive of the bank’s Dubai International Financial Centre Branch, has resigned, sources told APB. Bank of Singapore confirmed Khanna’s departure and said, “Ranjit has […]

The post Bank of Singapore’s private banking head for Middle East and GSA resigns appeared first on Asian Private Banker.

HSBC Private Bank has appointed a new head to strengthen its presence among global India clients. Gautam Anand has been named head of global India at HSBC Private Bank, according to a statement released today. He assumed the role on 24 April. The appointment is aimed at extending the bank’s reach across HSBC’s international network for global India clients. HSBC manages […]

The post HSBC Private Bank names global India chief appeared first on Asian Private Banker.

A senior executive at Standard Chartered Private Bank (Standard Chartered PB) will soon retire after nearly a decade-long tenure with the British lender, Asian Private Banker can reveal. Vivian Chan, global vice chairman at Standard Chartered PB, will retire from the bank, sources told APB. Standard Chartered PB confirmed Chan’s upcoming retirement, adding her last day with the bank will be on […]

The post StanChart PB’s global vice chairman to retire appeared first on Asian Private Banker.

Bank of Singapore is shifting back into “aggressive” recruitment mode for 2026, betting that its investments in its talent and platform will bring a “second year of harvesting” for its Greater China business. The Singapore-based lender’s Greater China AUM grew by more than 20% year-on-year, with UHNW assets increasing by 50% in 2025. Revenue growth was over 25%, driven by […]

The post Bank of Singapore to resume “aggressive” hiring as Greater China UHNW assets jump 50% appeared first on Asian Private Banker.

Lombard Odier is continuing its Asia regional push with a senior hire, Asian Private Banker can reveal. Singapore-based Edwin Tan will join Lombard Odier as market head for Southeast Asia, reporting to Omar Shokur, regional head of private clients, Asia, effective 13 July 2026, the firm confirmed. “Edwin will be responsible for launching and leading a new Southeast Asia market […]

The post Lombard Odier hires ex-DBS PB Thailand and Philippines head appeared first on Asian Private Banker.

Bank of Singapore has made a series of senior leadership appointments for its family office and wealth advisory business amid Asia’s ongoing intergenerational wealth transfer. Effective 4 May 2026, Elvin Ho will join the Singaporean lender as head of family office and structuring solutions, the bank said in a statement on Tuesday. Ho will lead the bank’s competency and solutions […]

The post Bank of Singapore appoints senior leadership for FO and wealth advisory appeared first on Asian Private Banker.

Paragon Capital Management has appointed a portfolio manager to strengthen its investment capabilities in foreign exchange (FX), precious metals (PM), rates, and commodities.  Emmanuel Lim has been named managing director and portfolio manager at the independent asset manager, according to a statement released today.  Lim, who worked at Credit Suisse for over two decades, joined Paragon Capital Management last year. […]

The post Ex-Credit Suisse veteran joins US$1.1bn IAM in Singapore appeared first on Asian Private Banker.

A team head covering the Greater China market at Bank of Singapore is leaving the bank, Asian Private Banker has learnt. Singapore-based Siang Ing Tan has recently resigned, a source familiar with the matter told APB. Bank of Singapore confirmed the news. APB has been unable to determine Tan’s next career move at this time. Tan has close to two decades of […]

The post Another team head resigns from Bank of Singapore appeared first on Asian Private Banker.

Bank of Singapore has lost a team head covering the Indonesian market, Asian Private Banker has learnt. Shirley Tee has recently resigned from the Singaporean lender, sources told APB. Bank of Singapore confirmed Tee’s resignation. APB has been unable to determine Tee’s next career move or her replacement at the bank. Tee has over two decades of experience in the […]

The post Indonesia team head resigns from Bank of Singapore appeared first on Asian Private Banker.

HSBC has promoted its China chief investment officer (CIO) following the retirement of its Asia CIO earlier this year. Effective 6 July 2026, Desmond Kuang has been named CIO, Asia, HSBC Private Bank and Premier Wealth, according to a statement released today. The appointment comes after Asian Private Banker reported that Cheuk Wan Fan had retired from the UK lender […]

The post HSBC names new Asia CIO appeared first on Asian Private Banker.

Pictet Wealth Management (Pictet WM) has hired an industry veteran to strengthen its investment capabilities, Asian Private Banker has learnt. Based in Singapore, Kelvin Tay is joining the Swiss pure play in the same capacity as regional CIO, sources told APB. Pictet WM declined to comment. Tay is a seasoned wealth management professional with extensive investment experience. He was most […]

The post Pictet WM hires former UBS GWM regional CIO appeared first on Asian Private Banker.

Two senior executives have left DBS Private Bank in Hong Kong, Asian Private Banker has learnt.  Gloria Sun, a senior market head in the bank’s North Asia team in Hong Kong, has recently resigned, sources told APB. Separately, Daryl Wong, another Hong Kong-based senior market head covering the Greater China market, has left the bank. His license relating to his […]

The post Two senior market heads depart DBS Private Bank in Hong Kong appeared first on Asian Private Banker.

Boutique financial services firm Klay Group has made a senior appointment for a client advisory role in Singapore. Gaurav Gupta, who was previously an executive director at Nomura, has joined Klay Group as a managing director – client advisor, according to a statement released today. Gupta will be tasked with advising Asian ultra high net worth clients on portfolio construction […]

The post Klay Group hires ex-Nomura exec for client advisory role appeared first on Asian Private Banker.

A Singapore-based senior executive is set to leave Liechtenstein-headquartered boutique private bank VP Bank after a seven-year tenure, Asian Private Banker has learnt. Reto Marx, co-head of the Singapore branch and chief risk officer for Asia at VP Bank, has resigned and will soon leave the bank, sources told APB.  VP Bank confirmed Marx’s departure to APB and added that […]

The post VP Bank’s co-head of Singapore to exit appeared first on Asian Private Banker.

The market head for Thailand and the Philippines at DBS Private Bank is set to depart the Singapore-based lender, Asian Private Banker has learnt. Edwin Tan has resigned from DBS Private Bank, with the bank confirming his departure. Tan has over two decades of experience in wealth management and private banking. He joined DBS Private Bank in 2024 from UBS, […]

The post DBS Private Bank’s Thailand and Philippines market head resigns appeared first on Asian Private Banker.

Barclays Private Bank has tasked a long-term internal talent to lead its business growth in Singapore, Asian Private Banker has learnt. Alexander Harrison has been appointed as the interim head of private bank for Singapore at Barclays, sources told APB. A spokesperson for Barclays confirmed Harrison’s appointment to APB. The appointment comes as Evonne Tan, the current Singapore head of […]

The post Barclays Private Bank appoints interim Singapore head appeared first on Asian Private Banker.

With hiring slowing down in March, the private banking industry saw a spike in exits over the past month, with retail-linked banks bearing the brunt of the turnover. Besides these departures, key moves for the month include former Citi Wealth head of partnerships and relationship management, Julie Koo, resurfacing at Allianz as head of distribution for Asia Pacific. Former UOB […]

The post Movers & Shakers: Wave of departures sets stage for next phase of talent war appeared first on Asian Private Banker.

Standard Chartered Private Bank has hired a senior banker to strengthen its team in Hong Kong, Asian Private Banker has learnt. Lai Fai Yeung recently joined the emerging markets-focused lender as a team leader, reporting to Kenny Wan, market head for Greater China, sources told APB. Standard Chartered Private Bank confirmed Lai’s role to APB. Lai has nearly two decades […]

The post StanChart PB hires former senior Citi private banker in Hong Kong appeared first on Asian Private Banker.

Citi Private Bank has tasked one of its market executives to strengthen its Southeast Asia coverage, Asian Private Banker has learnt. Singapore-based Lillian Liao, who was a market executive for China at the US lender, recently took on additional responsibilities to cover the Malaysia and Singapore markets, sources familiar with the matter told APB. Citi Private Bank confirmed Liao’s appointment covering […]

The post Citi PB strengthens Singapore-Malaysia coverage in regional push appeared first on Asian Private Banker.

After Asian Private Banker’s earlier scoop on the veteran banker’s move from Julius Baer to Bank of Singapore, the bank has officially confirmed her new role. Vi Sun Yang will serve as its head of private banking, ASEAN, reporting to CEO Jason Moo, the bank announced on Thursday. In this role, Yang will oversee the strategic growth and development of […]

The post Bank of Singapore confirms Vi Sun Yang as ASEAN private banking head appeared first on Asian Private Banker.

A seasoned wealth management veteran in Singapore is set to move from Julius Baer to Bank of Singapore, Asian Private Banker can reveal. According to sources familiar with the matter, Vi Sun Yang, the Swiss private bank’s market head for Southeast Asia, will leave the firm to join Bank of Singapore. She is understood to be taking on a Singapore […]

The post SEA market head leaves Julius Baer for Bank of Singapore appeared first on Asian Private Banker.

Lombard Odier has added four bankers to its private clients team in Singapore and Hong Kong as the Swiss pure-play expands its private banking offerings in the region. Eugene Chan has joined the bank as team leader for Southeast Asia private clients, while Jason Yap has joined as a relationship manager. Both joined from Bank of East Asia Private Bank, […]

The post Lombard Odier adds four bankers in Asia growth drive appeared first on Asian Private Banker.

The Singapore head of Barclays Private Bank is set to depart the UK lender, Asian Private Banker can reveal. Evonne Tan, who has held the role since July 2021, is leaving the bank, according to multiple sources familiar with the matter. Barclays Private Bank has confirmed that Tan will leave the firm in the second quarter, saying: “Evonne has been […]

The post Barclays Singapore private bank chief Evonne Tan to depart appeared first on Asian Private Banker.

J.P. Morgan Private Bank (J.P. Morgan PB) has appointed a new head of Asia lending solutions, Asian Private Banker has learnt. Steven Hawkins, formerly the London-based head of speciality lending for J.P. Morgan international private bank, has relocated to Hong Kong to take on the role. J.P. Morgan confirmed Hawkins’ appointment, noting that he will report to Mike Keglovits, head […]

The post J.P. Morgan PB strengthens Asia lending with new head appeared first on Asian Private Banker.

HSBC Private Bank has tapped internal talent to bolster its Greater China coverage in Singapore, as the lender continues to sharpen its regional focus. Alice Chan, currently based in Hong Kong, will relocate to Singapore this month to take on the role of desk head for China, according to sources familiar with the matter. The bank confirmed her assignment when […]

The post HSBC PB expands China coverage in Singapore appeared first on Asian Private Banker.

The former regional head of the Southeast Asia market at UOB Private Bank has resurfaced at a Japanese financial institution in Singapore, Asian Private Banker has learnt. Khoo Lin Wein joined SMBC Nikko Singapore in March, according to licence registration records from the Monetary Authority of Singapore. The records also show Khoo is licensed with Sumitomo Mitsui Banking Corporation (SMBC), […]

The post Ex-UOB PB Southeast Asia head lands new role in Singapore appeared first on Asian Private Banker.

The head of funds at Bank of Singapore has taken on expanded responsibilities, Asian Private Banker has learnt, as the firm reshapes its fund selection leadership. Yazid Mahadi will continue to lead fund and manager selection across mutual funds and exchange-traded funds, and will now also oversee the bank’s hedge fund business, according to sources familiar with the matter. His […]

The post Bank of Singapore expands scope for head of funds appeared first on Asian Private Banker.

Bank of Singapore’s head of private markets and alternatives will leave the bank, Asian Private Banker has learnt. Chee Jiun Wen, who held the role for nearly six years, is departing the Singapore-based lender, sources familiar with the matter told APB. Bank of Singapore confirmed Chee’s resignation. Chee is an investment veteran with more than two decades of industry experience. […]

The post Bank of Singapore loses head of private markets and alternatives appeared first on Asian Private Banker.

Deutsche Bank Private Bank (Deutsche Bank PB) has hired a former Goldman Sachs relationship manager for its Southeast Asia business, Asian Private Banker has learnt. Based in Singapore, Pin Duangdee recently joined the German lender, focusing on coverage of Thai clients, according to sources familiar with the matter. Her registration with Deutsche Bank on the MAS website took effect on […]

The post Deutsche Bank PB taps ex-Goldman banker for Thai coverage appeared first on Asian Private Banker.

The regional chief investment officer for South Asia Pacific at UBS Global Wealth Management will depart the Swiss bank, Asian Private Banker has learnt. Singapore-based Kelvin Tay will soon leave the bank after a two-decade-long tenure, sources told APB. UBS declined to comment. APB has been unable to determine Tay’s next career move. At UBS, Tay also served on the […]

The post UBS GWM regional CIO Kelvin Tay to depart appeared first on Asian Private Banker.

As private-market AUM continues to outpace traditional strategies, a structural migration is unfolding: Asia’s top-tier wealth talent is abandoning global firms for the leadership roles and autonomy offered by alternative boutiques. In addition to last month’s private-market-related moves, Andrew Bird was appointed head of Global Wealth Management Australia at UBS, succeeding Michael Marr. Former HSBC Private Bank market head for […]

The post Movers & Shakers: Private bankers eye boutique firms for big jobs appeared first on Asian Private Banker.

Barclays has named a permanent head for its private banking business in India, signalling a reinforced commitment to one of its most vital global hubs.  The London-headquartered bank named Adrish Ghosh as head of private bank for India, according to a statement on Thursday. Ghosh, who has been steering the division in an interim capacity since August, previously served as […]

The post Barclays names India private banking head appeared first on Asian Private Banker.

A former head of wealth management at CIMB Thai Bank has joined DBS Bank Thailand.  Thiyachai Chong has been appointed as head of wealth management (private banking & affluent) at DBS Vickers Thailand, Asian Private Banker has learnt. A DBS spokesperson has confirmed the appointment with APB. Chong was formerly the head of wealth management & preferred banking, executive vice […]

The post Ex-CIMB Thai Bank wealth head joins DBS Thailand appeared first on Asian Private Banker.

When Grizelda Lee looks back on her almost 20-year career so far and pinpoints one pivotal moment that boosted her growth and development as a female professional in the private banking space, she chalks it up to a manager simply believing in her abilities and giving her a chance to prove herself. “A senior male manager offered me opportunities that […]

The post IWD 2026 — “If you can see her, you can be her”: Bank of Singapore’s Grizelda Lee on the power of self-belief appeared first on Asian Private Banker.

Family office Lioner International Group has appointed a BNP Paribas veteran as a group strategic advisor. Brian Kenyon has been appointed as group strategic advisor for Lioner, the family office announced in a statement on Wednesday. In his new role, Kenyon will build the firm’s trust capabilities, drive growth, and enhance client services. Kenyon will also provide strategic insights on […]

The post Retired BNP Paribas WM wealth planning head joins family office appeared first on Asian Private Banker.

The head of funds at DBS Private Bank has left the bank after a nearly nine-year tenure, Asian Private Banker has learnt. John Ng recently departed the Singapore-headquartered lender. Ng is currently on ‘gardening leave’ and will be joining another financial institution later this year, sources familiar with the matter told APB. A spokesperson for DBS confirmed Ng’s resignation to […]

The post DBS Private Bank’s head of funds departs appeared first on Asian Private Banker.

Two Hong Kong-based bankers have recently departed Citi Private Bank, Asian Private Banker has learnt. Charles Sit, director and a banker for ultra high net worth clients, and Lai Fai Yeung, a senior private banker, have left the US bank, sources familiar with the matter told APB. Citi Private Bank confirmed the departures of Sit and Lai to APB. Hong […]

The post Two bankers depart Citi Private Bank in Hong Kong appeared first on Asian Private Banker.

The chief investment officer (CIO) for Asia at HSBC Private Bank and Premier Wealth has left the bank after nearly a decade of service, Asian Private Banker has learnt. Cheuk Wan Fan has departed the UK lender. Her registration with HSBC ended on 27 February 2026, according to the Hong Kong Monetary Authority records. A spokesperson for HSBC confirmed to […]

The post Asia CIO departs HSBC Private Bank and Premier Wealth appeared first on Asian Private Banker.

Bank of Singapore has revamped its compensation framework for relationship managers (RMs), aiming to give bankers greater certainty and transparency over bonuses as competition for talent in Asia’s private banking industry intensifies, Asian Private Banker can reveal. The Singapore-based bank has introduced a new compensation structure tied directly to the profit contribution each RM generates, sources familiar with the matter told […]

The post Bank of Singapore introduces new RM pay model appeared first on Asian Private Banker.

A senior Singapore-based executive at Citi Private Bank will be leaving the bank, Asian Private Banker has learnt. Jennifer Tay, market executive for Singapore & Malaysia, the Philippines and Australia/New Zealand, will soon leave the bank, sources familiar with the matter told APB. A Citi spokesperson confirmed Tay’s departure to APB. “She will remain with us for a few months to support a […]

The post Citi Private Bank market executive for Singapore, Malaysia to depart appeared first on Asian Private Banker.

A seasoned private banker covering Thailand is set to leave the country’s largest lender, Asian Private Banker has learnt. Pooncharas Papasureechote recently resigned from Bangkok Bank to take a career break, sources familiar with the matter told APB. Papasureechote has 25 years of experience in wealth management. She joined Bangkok Bank Private Banking in 2024 as head of relationship management. Before that, […]

The post Bangkok Bank loses seasoned private banker appeared first on Asian Private Banker.

Nomura International Wealth Management (Nomura IWM) has hired a former UBS veteran to strengthen its lending and credit capability, Asian Private Banker has learnt. Based in Singapore, Etienne Broussaud has joined the Japanese wealth manager as a managing director and will lead the bank’s lending and credit solutions team for Southeast Asia, the Middle East and Africa (SEAMEA), according to […]

The post Nomura IWM hires ex-UBS veteran to lead Southeast Asia lending and credit appeared first on Asian Private Banker.

Bank of Singapore has strengthened its Greater China team by hiring a former senior executive at HSBC Private Bank. Based in Singapore, Eng Chien Chan joined the bank as market group head for Greater China on 17 March 2026. He will report to Rickie Chan, head of private banking, Greater China, and chief executive of the bank’s Hong Kong branch. […]

The post Bank of Singapore hires from HSBC Private Bank for Greater China role appeared first on Asian Private Banker.

J.P. Morgan Private Bank (J.P. Morgan PB) has hired a former HSBC Private Bank veteran to strengthen its Thailand coverage, Asian Private Banker has learnt. Based in Singapore, Peter Lee has joined the US lender as an executive director and team lead. In this role, Lee will head the bank’s Thailand team, serving the needs of UHNW clients. J.P. Morgan […]

The post J.P. Morgan PB hires ex-HSBC veteran to boost Thailand team appeared first on Asian Private Banker.

Citi Private Bank has made a senior hire to strengthen its India market coverage, Asian Private Banker has learnt. Based in Singapore, Tarang Garde has joined the US lender as a team head of the non-resident Indian (NRI) desk. Garde has more than 20 years of experience across wealth management, global banking and risk management. He joined Citi Private Bank […]

The post Citi Private Bank hires BNP Paribas WM banker for NRI team appeared first on Asian Private Banker.

Barclays has appointed a UBS executive to lead operations for its private bank in Asia, as the British lender prepares to establish a booking centre in Singapore later this year. Werner Schlossmacher has been named chief operating officer (COO) for Barclays Private Bank Asia. Based in Singapore, he will report to Leo Müller, COO of Barclays Private Bank & Wealth […]

The post Barclays taps UBS executive as COO for Asia private bank appeared first on Asian Private Banker.

Barclays Private Bank is building momentum in the Middle East with two senior hires aimed at capturing a larger share of capital flows between the Gulf and other international corridors. The British lender has appointed Pritash Mathur as head of international coverage, UAE, responsible for driving client coverage across the non-resident Indian (NRI) segment, as well as the Africa and […]

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Bank of Singapore has made a senior appointment to strengthen its capabilities in serving ultra-high-net-worth (UHNW) clients. Bernard Heng will take up the role of head of customised solutions, effective 2 March 2026, according to a statement on Friday. In this role, Heng will lead the development, management and execution of complex products and bespoke solutions, with a focus on […]

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The chief operating officer of Raffles Family Office is set to leave the firm, Asian Private Banker can reveal. Hong Kong-based Terence Chow, who held the position for just over a year and a half, will soon leave the company to pursue other opportunities, sources familiar with the matter told APB. Chow has more than 20 years of experience in […]

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UBS has hired a new head for global wealth management (GWM) Australia, Asian Private Banker can reveal. Effective 27 April 2026, Andrew Bird will join the bank as head of GWM Australia, according to an internal memo seen by APB. Based in Sydney, Bird will report to Jin Yee Young, co-head of GWM APAC. He will also report locally to […]

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KGI has hired an HSBC veteran for a senior role as part of the firm’s latest efforts to strengthen its wealth business. Based in Hong Kong, Aaron Long has been appointed as a managing director for wealth management at KGI, reporting to James Wey, head of international wealth management at KGI, according to a statement on Tuesday. In this role, […]

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Standard Chartered has hired a long-time Credit Suisse and UBS executive as part of its latest efforts to strengthen its private-client wealth management capabilities. Effective 2 February 2026 and based in Hong Kong, Raza Jafree has taken up the role of global head of private client sales at Standard Chartered, Asian Private Banker has learnt. In this role, Jafree will […]

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Bank J. Safra Sarasin (BJSS) has appointed a veteran macro-strategist as chief investment officer (CIO) for Asia.  Effective today, Dong Chen has assumed the role of CIO for Asia. Chen joins from Pictet Wealth Management (Pictet WM), where he most recently served as chief Asia strategist and head of Asia research, according to a company statement. With more than two […]

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Swiss pure play UBP has made a series of senior appointments for its Middle East business, including hiring an investment veteran from UBS. Fahd Iqbal has been appointed as head of investment services in Dubai. In this role, he will embed the bank’s Global Investment Committee’s investment approach locally, reporting to Arfat Qayyum, senior executive officer of the UBP Dubai […]

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Bank J. Safra Sarasin (BJSS) marked the start of 2026 with one of the largest team moves in Asia in the past 12 months, hiring at least 18 private wealth professionals from Hang Seng Bank within half a year as part of its growth strategy. Outside of team moves, the industry saw a number of key movements in the region […]

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Standard Chartered has made several senior appointments to its discretionary portfolio management team (DPM) in Singapore, including a head of asset allocation from BNP Paribas Wealth Management. Based in Singapore, Sylvain Huard has joined the emerging-markets-focused lender as head of asset allocation, reporting to Daniel Furer, global head of discretionary portfolio management, Asian Private Banker has learnt. Huard is a wealth […]

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When you take time to look properly at India’s wealth industry, every data point startles. Deloitte reckons the industry will hit US$2.3 trillion in assets under management by 2029, up from US$1.1 trillion in 2024. Boston Consulting Group tips the number of millionaires in India to jump 55% over the same period, driven by record initial public offerings and private equity […]

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J.P. Morgan Private Bank (J.P. Morgan PB) has promoted a market strategist to lead its macroeconomic capabilities in Asia, Asian Private Banker has learnt. Hong Kong-based Yuxuan Tang recently took up the role of head of macro strategy, Asia. Tang has nearly a decade of experience in macro research. She has been working for J.P. Morgan PB since 2019, and […]

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J. Safra Sarasin has hired another round of talent from Hang Seng Bank in Hong Kong, amounting to the largest team move reported in the industry over the past 12 months. A total of nine private wealth professionals joined the Swiss bank from Hang Seng Bank between November 2025 and this month, multiple sources told Asian Private Banker. Two of […]

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Raffles Family Office has hired a senior private banker to bolster its Singapore team, Asian Private Banker has learnt. Pradinan Arkarachinores has joined the Hong Kong-headquartered multi-family office as a managing director, covering UHNW clients across Asia from Singapore, according to sources familiar with the matter. She will report directly to Kendrick Lee, Singapore CEO of Raffles Family Office. Arkarachinores […]

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A private banking veteran has taken up a new role at Wisdom Family Office, Asian Private Banker has learnt. Arthur Fong joined Wisdom as managing director and senior advisor this week, subject to completion of onboarding and regulatory licensing, the private banking veteran announced on Thursday. Fong joined from Singapore-headquartered asset manager Paragon Capital Management, where he served as the […]

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Deutsche Bank Private Bank (Deutsche Bank PB) has hired an ex-BNP Paribas Wealth Management private banker, Asian Private Banker has learnt. Soham Lamba has joined the bank’s global South Asia team in Singapore as a director for relationship management, reporting to Puneesh Nayar, market head for global South Asia, sources familiar with the matter told APB. Lamba has over 15 […]

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Deutsche Bank Private Bank (Deutsche Bank PB) has hired an investment veteran from UBS as part of an effort to strengthen its North Asia business. Based in Hong Kong, Stephen Yeung joined the German lender as a director in the investment management team for North Asia coverage, reporting to Stephen So, according to an internal memo seen by Asian Private […]

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Bank of Singapore has appointed a financial markets veteran to join its senior management team as part of its growth plan. Collins Chin has been appointed as global chief financial officer with immediate effect. Chin will be a member of the bank’s global management committee, reporting to Bank of Singapore’s chief executive officer, Jason Moo, according to a statement on […]

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HSBC Private Bank has made a series of senior appointments in Singapore and Hong Kong, according to an announcement on Friday. Among the new hires, Phaneendar Bhavaraju and Rangan Krishnan have joined the global India team in Singapore as senior relationship managers. Both report to Manoj Ramarao, senior desk head, global India, Singapore and Hong Kong. The hires target the […]

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RBC Wealth Management (RBC WM) has hired a team head in Hong Kong, continuing the Canadian bank’s recent string of hires. Raymond Cheung has been appointed as a managing director and team head at RBC WM, Asian Private Banker has learnt. Cheung is a private banking veteran with over two decades of experience. He was most recently a managing director, […]

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Julius Baer has appointed HSBC’s former operations chief for global private banking as its new chief operating officer (COO), succeeding 21-year veteran Nic Dreckmann. Effective 13 April 2026, Jean Nabaa has been appointed as COO and member of the executive board, subject to final regulatory approval, according to an official announcement on Wednesday.  Nabaa, who most recently served as HSBC’s […]

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Pictet Wealth Management (Pictet WM) has made senior appointments across its front office and wealth planning services in Hong Kong, Asian Private Banker has learnt. Angela Chan has joined the Swiss bank in Hong Kong as a deputy market head for the China team, according to an internal memo seen by APB and confirmed by Pictet WM. Chan joined Pictet from Hang […]

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A former Hong Kong-based team head for the Greater China market at Standard Chartered Global Private Bank has joined a multi-family office (MFO) in the city, Asian Private Banker has learnt. Joseph Tam left the emerging markets-focused lender and took up a new role at Aspenwood Family Office, sources familiar with the matter told APB. Aspenwood Family Office confirmed Tam’s […]

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HSBC has hired another senior industry veteran from Citi to grow its wealth business. The UK lender appointed Valentín Valderrábano as chief commercial officer for International Wealth and Premier Banking (IWPB), effective 20 February 2026. Valderrábano will relocate from New York to Hong Kong and report to Barry O’Byrne, chief executive officer for IWPB at HSBC. In this role, he […]

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