Paris-headquartered private bank BNP Paribas Wealth Management makes senior hire in Asia.

BNP Paribas Wealth Management this week said it had appointed Kate Lin as head of wealth management for Taiwan from October, replacing Tina Hsieh who will retire.

Lin will lead the wealth management Taiwan onshore teams to drive the bank’s growth ambitions and increase the market share in line with the bank’s global strategy and model.

With more than 25 years of experience in the banking industry, Lin has a track record with international banks in Taiwan. She served as Taiwan head of consumer, private and business banking at Standard Chartered Bank Taiwan for seven years. Prior to that, she was Taiwan sales and distribution director at Citibank, where she began her career.

“Taiwan is a key market for our wealth management business and is integral to achieving our growth ambitions in Asia," Arnaud Tellier, CEO, Asia, Wealth Management, BNP Paribas, said.

Manon Breuvart, CEO of Taiwan, BNP Paribas, added: “Taiwan's regulators have recently implemented initiatives that have created a favourable environment for the wealth management industry to thrive. Our strength lies in our One Bank capabilities and our global connectivity. I am confident that, under Kate's leadership, we will be able to capture the growth potential and drive our Taiwan business forward,” he continued.

Lin will report to Arnaud Tellier, and functionally to Manon Breuvart. She succeeds Tina Hsieh, who will retire at the end of October. 

In other appointments, the bank in June named Lemuel Lee as head of wealth management for its Hong Kong site. Lee reports directly to Arnaud Tellier, wealth management Asia CEO, and reports functionally to Hugo Leung, CEO Hong Kong, BNP Paribas. Michael Yong-Haron, head of wealth management North Asia and Hong Kong CEO, left the group to pursue other professional opportunities.