The senior appointee has a record of more than 20 years' experience in the sector.

Bank J Safra Sarasin has appointed Angie Ma as managing director and vice chair, client advisory, reporting to Enid Yip, chief executive, Asia. Based in Hong Kong, Ma has more than 20 years’ experience in private banking, predominantly focused on the Hong Kong and China markets.

Ma previously worked at Credit Suisse Private Bank in Hong Kong where she was a managing director and market leader, China, starting in 2014. She previously spent eight years at UBS in Hong Kong developing and leading a large team as a MD and China South country team head from 2006 to 2014. 

She began her banking career in New York with Merrill Lynch in 1995 in various sales and marketing roles, leaving Merrill as market manager China based in Hong Kong.

“We will continue to expand with highly regarded bankers as we enhance our coverage in the region. With more than 175 years of private banking heritage and long-term family ownership, Bank J Safra Sarasin attracts bankers and clients who seek a strong, stable wealth management partner,” Enid Yip, CEO Asia, Bank J Safra Sarasin, said. 

Last year, the Switzerland-based private bank reported a 25.1 per cent year-on-year rise in net profit of SFr315.3 million ($334 million) for 2017, while assets under management rose 14.5 per cent last year to stand at SFr170 billion.