Global economic uncertainty and the promise of Asian riches have motivated foreign inflows into private banks in Asia, the result of which is that relationship managers (RMs) here have “disconcertingly” limited or zero face time with overseas clients. “Asia is benefiting from foreign investors betting on the markets here,” says a private banker who wanted to remain anonymous, adding that he […]

The post “Faceless” DPM clients on the rise in Asia appeared first on Asian Private Banker.

Some of Asia’s most powerful bankers swap ideas and share knowledge   The CEO panel discussions at Asian Private Banker’s Investment Advisory Summits, held in Hong Kong and Singapore last month, are the events’ most eagerly-anticipated feature.They did not disappoint, as candid and spirited discussions with some of the most powerful leaders in the private banking industry. In Hong Kong […]

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Ian Pollock, regional head of private banking international, North Asia at ABN AMRO talks exclusively to Asian Private Banker about the Dutch bank’s plans in Asia as it builds out its discretionary platform in the region. There’s been a change of guard at ABN AMRO with Hugues Delcourt, (ex-CEO ABN AMRO Private Banking Asia Pacific and country executive Singapore) leaving and Hans Hanegraaf […]

The post Straight Talk: Ian Pollock, regional head of Private Banking International, ABN AMRO appeared first on Asian Private Banker.

In the wake of its regional head of private banking and country executive Singapore’s resignation from the bank, Dutch-lender ABN AMRO has announced a replacement. Hans Hanegraaf has been appointed as country executive Singapore and head of private banking Asia and Middle East, effective at the end of September when Hugues Delcourt leaves the bank “to take on an important […]

The post ABN AMRO announces new head of private banking Asia and Middle East appeared first on Asian Private Banker.

In a move that has surprised many, ABN AMRO Private Banking’s top man in the region – ‎CEO Hugues Delcourt – has resigned from the role he first assumed in 2011. Delcourt is believed to be heading to a competitor and replaced internally. A career banker, Delcourt joined ABN AMRO from UBS Luxembourg where he was managing director and head […]

The post ABN AMRO Private Banking loses APAC CEO appeared first on Asian Private Banker.

ABN AMRO Private Banking’s Hong Kong-based global expatriates team continues to grow under Feroze Sukh, head of international clients, North Asia. Sukh, himself a Sydney-native who relocated to Hong Kong for his current position, has appointed Ato Cheng, a former director from ANZ Private Banking, to ABN AMRO’s global expatriates team. Cheng spent eight years at the Australian-lender covering expatriate […]

The post ABN AMRO Private Banking continues to hire for global expatriates team appeared first on Asian Private Banker.

As a result of Hong Kong and Singapore’s rise as international financial centres, both markets have become cultural melting pots, packed with cash-rich, time-poor expatriates. Eager to tap this segment of high net worth individuals (HNWIs) who live outside their native countries, ABN AMRO Private Banking opened international clients desks in Singapore last year and in Hong Kong in March this year. In conversation with Asian […]

The post Expatriate clients: ABN AMRO Private Banking targets an “underserved segment” in Asia appeared first on Asian Private Banker.

ABN AMRO continues to build-out its newly formed global expatriates team which is being led by ex-Standard Chartered rainmaker Feroze Sukh. Charlie Bigard-Ong joins the team as a senior relationship manager covering French expatriate clients in Hong Kong and Singapore. Bigard-Ong joins from Schroders Private Bank where she worked for three years, most recently as an associate director. Prior to […]

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Mirroring Singapore, ABN AMRO Private Banking expands its coverage from the Hong Kong booking centre into segments beyond the local demographic, creating a new international client desk and officially appointing a former Deutsche Bank senior relationship manager to head the service. The Dutch lender’s private banking arm in Hong Kong announced the creation of an international clients private banking desk, […]

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ABN AMRO is patently bullish about its prospects after boosting Asian assets under management by as much as US$2 billion last year and is continuing to hire aggressively for its frontline. Feroze Sukh will join the Dutch lender next month as its head of global expatriates, a newly created role based in Hong Kong. Sukh was most recently a director […]

The post ABN AMRO hires senior banker from Deutsche, carves out new role appeared first on Asian Private Banker.

Despite volatile markets and continuing uncertainty in Europe, 2013 was a “thrilling year for the bank” Hugues Delcourt, ABN AMRO’s CEO of private banking in Asia, told clients in Hong Kong. Addressing a packed ballroom at the Four Seasons in Hong Kong yesterday, Delcourt said the bank’s assets under management in Asia grew by as much as US$2 billion last […]

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A senior banker and erstwhile market head from ABN AMRO is the newly appointed head of private banking at the Bank of East Asia (BEA). Gloria Sun, who only recently resigned from her position at ABN AMRO is to replace industry veteran Linda Leung as the head of private banking department in a Hong Kong-based role at BEA. Leung is […]

The post Erstwhile Taiwan head at ABN AMRO resurfaces as BEA’s new head of private banking appeared first on Asian Private Banker.

Following the exit of a seasoned private wealth manager from Chinese investment bank, China International Capital Corporation (CICC), as exclusively reported by Asian Private Banker, ABN AMRO Private Banking has become the benefactor of the departure, welcoming the 25-year private banking veteran as the market head of China alongside three of her longstanding team members. Angela Wu enters the Dutch […]

The post ABN AMRO Private Banking nets quartet from CICC appeared first on Asian Private Banker.

VP Bank has lost its Singapore-based managing director, Reto Isenring. However a replacement for Isenring has already been found. Isenring will leave the Liechtenstein-headquartered private bank after six years to “pursue other career options”. His replacement – subject to regulatory approval – will be former Chinatrust Commercial Bank executive director and chief of operations, international private banking, Rajagopal Govindarajoo, who […]

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Experienced Greater China private bankers continue to command the attention – and wallets – of the industry, dominating the flow of talent in recent months. This time, ABN AMRO, brings a former Standard Chartered private banker into its Hong Kong-based fold, less than two months after the Dutch lender appointed Ian Pollock as its new head of North Asia. Benny […]

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As six new leaders get ready to take the rudder at six different private banks in the region, Asian Private Banker takes stock of the sweeping leadership changes over the last 60 days and their collective implication for their respective banks over the longer term. Will this power-pack infuse fresh blood into a system that has long-needed fixing or are […]

The post Six in sixty: Sweeping leadership changes at Asia’s private banks appeared first on Asian Private Banker.

A month after the appointment of Arjan de Boer, ABN AMRO Private Banking’s erstwhile head of North Asia, as its head of private banking North East Asia, ANZ announces a new, global-level appointment. Manfred Liechti joins the Australian lender as managing director global private banking, taking over the responsibilities of John Body, who has been overseeing ANZ’s global private banking business in […]

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After a very brief stint with Liechtenstein-based VP Bank, a renowned Japan private banker and industry veteran has re-emerged at a rival boutique private bank as the yen continues to weaken. Suzuki Takenori joins Swiss-based Union Bancaire Privée’s (UBP) Hong Kong office after leaving VP Bank in October 2012, alongside then-Asia CEO, Ian Pollock. In his new role, the newly […]

The post Japan market “big hitter” resurfaces at HK boutique, as BOJ pushes on with QE appeared first on Asian Private Banker.

No more than a few days following his departure from Dutch-lender ABN AMRO, Arjan de Boer has resurfaced as head of private banking North East Asia at a rival bank. Even as his replacement, Ian Pollock, takes the helm as ABN AMRO Private Banking’s new head of North Asia, de Boer is poised to take over as head of North […]

The post Former ABN AMRO head of North East Asia resurfaces at rival bank appeared first on Asian Private Banker.

Reportedly unhappy with the bank’s decision to move him back to Europe this summer, ABN AMRO’s erstwhile head of private banking, North Asia, has resigned. Arjan de Boer, a career-ABN banker and the bank’s head of North Asia since 2010 has been snapped up by “a direct competitor”, according to sources. It is understood that de Boer will continue to […]

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After almost half a year off the market, a veteran private banker returns to the scene, joining ABN AMRO Private Banking as its new North Asia head. Ian Pollock joins the Dutch wealth manager as its new head of private banking, North Asia, six months after leaving his role as the Asia CEO of Liechtenstein-based VP Bank. In his new […]

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For the third time in almost four years, there is a change at the top for Liechtenstein-based VP Bank, as the private bank struggles to make inroads in the Asian region. Swiss national Alfred Moeckli is elected chief executive officer of VP Bank by the group’s board of directors, leaving his position as CEO of Swiss bank zweiplus. Moeckli will […]

The post New CEO for VP Bank; questions resurface about bank’s commitment to Asia appeared first on Asian Private Banker.

Onwards and upwards was the message which came across from a warily optimistic Clare Lam, managing director of VP Wealth Management (Hong Kong) Limited, patently referring to 2012, VP Bank’s annus horribilus as far as its Asia operations are concerned. The Liechtenstein-based private bank hit headlines last October after losing its Asia CEO, Ian Pollock, after less than a year on the […]

The post Slowly but surely? VP Bank in Asia “planning to expand”, but no current plans for Hong Kong banking licence appeared first on Asian Private Banker.

Liechtenstein-headquartered VP Bank has lost their best-known calling card in Asia – CEO Ian Pollock – who has resigned from his position at the bank less than a year after he first took up the position. Pollock moved to VP from Julius Baer where he was the bank’s CFO for Asia and COO for Hong Kong. Well-liked amongst his peers, […]

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Lichtenstein-headquartered VP Bank has hired a senior relationship manager from fellow European bank LGT, to be a part of its rapidly expanding Asian team. Takenori Suzuki joins VP Bank as a senior relationship manager covering the offshore Japan market. A career banker, Suzuki was with both Swiss majors UBS and Credit Suisse before moving to LGT and finally, VP Bank. […]

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Liechtenstein-headquartered VP Bank has hired a slate of senior bankers for its Singapore branch from the likes of HSBC Private Bank, Clariden Leu and Julius Baer. Matthew Tay has joined the Liechtenstein-based private bank from HSBC Private Bank and will take on the role as market head Indo-China. Chua Eng Leong and Michael Bheem join VP Bank from Julius Baer. […]

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Julius Baer’s erstwhile CFO Asia and COO Hong Kong has accepted a new position as CEO of Liechtenstein –headquartered VP Bank in Singapore. Ian Pollock, who was a managing director and regional head at HSBC Private Bank prior to his time at Julius Baer, starts in his new role in January 2012. During his two years with Julius Baer, Pollock […]

The post VP Bank Singapore gets new CEO appeared first on Asian Private Banker.

Ian Pollock, Julius Baer’s CFO Asia and COO for Hong Kong resigned late last night from his position at the bank. Julius Baer has named Frank Keller as it’s new CFO Asia and Tobias Murer as its new COO Hong Kong effective January 2012. Pollock, who held both positions, has decided to leave Julius Baer to join another bank in […]

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