People Moves

Asia Pacific Executive Moves - December 2010

13 January 2011

Asia Pacific Executive Moves - December 2010

Here is a roundup for moves in the Asia Pacific wealth management region in December, 2010.

UBS appointed Philip Kunz as managing director and regional market head of South Asia. Kunz, who has over 25 years of wealth management experience, stepped in from HSBC Private Bank, where he served as regional head of wealth management. In his new role Kunz reports to Christine Ong, the chief executive of wealth management in Singapore.

The Swiss giant also hired Gary Goh as executive director and desk head. He joined from Credit Suisse where he served as team leader and senior relationship manager. Tan Yeu Cheng was named executive director and cluster head. Cheng latterly served as senior vice president and team leader for the Singapore office of DBS Private Bank.

Yvonne Koh joined the bank as director and client advisor. She was formerly vice president of private banking for Credit Suisse Singapore. Loh Swee Sung and Wendy Toh joined as client advisors and associate directors. Sung was previously a senior assistant relationship manager at Credit Suisse, while Toh was an associate director for Singapore at DBS Private Bank.

All report to Eddie Gan, the country team head for Singapore, in their new roles.

Aberdeen Asset Management appointed Kwok Chern-Yeh as its new head of Japanese equities. Chern-Yeh joined the firm’s regional equity team in 2005. Chern-Yeh will have a three-person team in Tokyo.

Credit Suisse Private Banking appointed Bernard Fung as head of family office services in Singapore to head up its new family office hub in Asia. Before joining Credit Suisse, Fung was CEO of Innotech Advisers, the London-based single family office and investment vehicle of Lord Sainsbury of Turville.

HSBC named Geoffrey Pidgeon as Australian head of global investments to oversee the group's local wholesale wealth management unit. Pidgeon, who was head of the group’s wholesale distribution unit in its global investments business, has more than 13 years of experience in the wealth management industry, and has spent time at Macquarie and Rothschild.

Deutsche Bank appointed Asia Pacific-ex Japan chief executive Robert Rankin to its group executive committee. Rankin is based in Hong Kong.

David Jiang, head of Asia Pacific at Bank of New York Mellon Asset Management stepped down from his role to head up the bank’s exchange-traded funds unit, Mellon Capital. Jiang moved to San Francisco to lead the global sales team at the ETF business. The Asia Pacific team now works under Alan Mearns, CEO of BNY Mellon Asset Management International. Mearns reports to Mitchell Harris, interim head of the asset management entity.

Mumbai-based YES Bank appointed Ruzbeh Deboo as executive vice president and head of global Indian banking. Deboo was latterly head of NRI Banking at Barclays Bank. Prior to Barclays, Deboo spent five years at ICICI Bank, working in various capacities for the International Banking Group.

Nomura Holdings appointed David Benson as vice chairman of risk and regulatory affairs. Benson had been the firm's chief risk officer since November 2008 and has spent over 11 years at Nomura in a range of roles, including as chief operating officer for Europe. His old position was taken over by Lewis O'Donald, who previously served as senior risk officer for sales and trading at Morgan Stanley.

Manulife promoted May Wong to vice president of human resources for Asia. She joined Manulife Hong Kong in 1997 and assumed a number of roles before joining Manulife's Asia Operations in 2007.

Jim McInnis was appointed assistant vice president for distribution compliance at the Hong Kong office. McInnis comes from Manulife's Canadian division. Joanne Lee was named assistant vice president and financial controller of Manulife Hong Kong. Lee brings over 18 years of insurance and technical experience. John Parker was appointed assistant vice president for proposition and product development under the Hong Kong office's individual financial products team.  

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