The wealth management sector in the Asia-Pacific region has experienced significant leadership changes in August 2024, reflecting a dynamic landscape as firms adapt to evolving market demands.
DBS in Singapore has appointed a new overall CEO, marking a pivotal shift in its leadership structure.
This change signifies the company's commitment to adapting to the changing market demands in the region.
Eastspring Investments has named Dominic Wong as the regional head of intermediary sales, based in Hong Kong.
With his expertise and experience, Wong will play a crucial role in driving the company's sales strategy in the Asia-Pacific region.
Stella Lau has been appointed as managing director of wealth advisory at Lighthouse Canton.
In her new role, Lau will provide strategic guidance and advice to clients, ensuring their wealth management needs are met effectively.
Phoenix Property Investors has appointed Kwanghyun (Tommy) Kim as managing director and head of South Korea.
Kim's extensive knowledge of the South Korean market will be instrumental in driving the company's growth and success in the region.
Sameer Deshpande has been appointed as the head of wealth management in Singapore at Emirates NBD.
Deshpande's leadership and expertise will contribute to the company's efforts in providing exceptional wealth management services to clients in Singapore.
Ashwin Jayaram has been appointed as team head for Julius Baer's global non-resident Indians business in Singapore.
With his deep understanding of the needs and preferences of non-resident Indian clients, Jayaram will lead the team in delivering tailored wealth management solutions.
Clarabelle Ho has been named head of intermediary clients for Asia at Vontobel.
Ho's extensive experience in client relationship management will be instrumental in strengthening Vontobel's presence and partnerships in the region.
VP Bank has closed its physical presence in Hong Kong and focused its efforts on Singapore.
This strategic decision reflects the company's commitment to capitalizing on the opportunities and growth potential in the Singaporean wealth management market.
Amrit Singh, Henrik Aslaksen, and Balaji Prasanna have joined Lighthouse Canton as senior executives.
Their expertise and industry knowledge will contribute to the company's continued success in providing comprehensive wealth management solutions.
Stella Xu has been appointed as head of institutional business for Greater China at Capital Group.
Xu's leadership and strategic vision will drive the company's institutional business growth and strengthen its presence in the Greater China region.
Florence Wong has been named the new head of institutional sales for Hong Kong and Macau at BNP Paribas Asset Management.
Wong's extensive experience in institutional sales will be instrumental in expanding BNP Paribas' client base and driving business growth in the region.
Elizabeth White has joined Federated Hermes' Australian and Asia-Pacific distribution team.
White's expertise in distribution strategies will contribute to the team's efforts in delivering investment solutions to clients in the region.
Tomoko Ueda has been appointed as chief operating officer for Asia-Pacific at BlackRock.
Ueda's leadership and operational expertise will support BlackRock's growth and operational efficiency in the Asia-Pacific region.
Tan Su Shan has been appointed as deputy CEO at DBS.
Shan's appointment reflects DBS's commitment to strong leadership and strategic decision-making in driving the company's growth and success.
Teresa Lee has been appointed as region head for North Asia and chief executive for Hong Kong at Union Bancaire Privée.
Lee's extensive experience in the financial industry will be instrumental in leading the company's operations and growth in North Asia and Hong Kong.
Puneesh Nayar and Nick Malik have been named market heads for Singapore and Dubai, respectively, in Deutsche Bank's private banking division.
Their leadership and market expertise will contribute to Deutsche Bank's efforts in providing tailored wealth management solutions to clients in Singapore and Dubai.
Yeo Wenxian has been appointed as the new head of wealth for the Asia South region at Citigroup.
Wenxian's deep understanding of the wealth management landscape in the region will be instrumental in driving Citigroup's growth and success in Asia South.
Philip Kunz has joined Nomura International Wealth Management as managing director and group head for Southeast Asia.
Kunz's extensive experience in wealth management will contribute to Nomura's efforts in delivering exceptional services to clients in Southeast Asia.