Here WealthBriefingAsia tracks the movers and shakers of the
Asian wealth management world during September 2011.

HSBC
revealed plans to cut about 3,000 jobs over the next three years in Hong Kong,
or 13 per cent of its staff in the city, as part of global efforts to reduce
costs and boost profitability. The London-based bank aims to become more
efficient and will redeploy people whenever possible.

Hang
Seng Bank, the Hong Kong-based bank owned by HSBC Group, appointed Nixon
Chan Lik-Sang as head of retail banking and wealth management to replace William
Leung Wing-Cheung, who resigned. Leung was previously head of personal banking.

Dillon
Eustace, a Dublin-based legal investment funds advisory firm, opened a new office
in Hong Kong. Partner Paul Moloney will head up the new venture, moving to
Hong Kong from the corporate and taxation departments of Dillon Eustace.

UBS
announced five senior hires for its Asian high net worth division, bringing its
total recruited for July and August alone to 100 people. The five hires include
Stephen Lam, who is now country team head of the Taiwan international HNW
unit, and Seigo Yoshida. Lam joined from Citibank, where he was managing
director for Thailand, Taiwan and Indonesia; Yoshida joined from Nomura
Holdings, where he most recently served as deputy branch manager for the Osaka
branch. Jourdan Gozali joined as the
desk head for wealth management in Singapore from OCBC and HSBC, where he was
part of the Indonesia private banking team. Alun Branigan joined as head of the corporate advisory group for Singapore and Daniel Harel joined
as head of the UHNW unit for South Asia. Branigan previously ran his own
consultancy business. David Hayward-Evans, previously a manager for health financing group Global
Fund to Fight AIDS, Tuberculosis, and Malaria, is now the head of philanthropy
and values-based investing Asia-Pacific and family services in Singapore.

 Citi appointed Gary Kuo as managing director
and vice chairman of Asia global banking. 
Kuo joined from Barclays, where he was co-head of the China investment
banking business.

Bendigo
Wealth, the Australian financial services firm, added three senior members to
its distribution team. Diego Del Rosso joined as senior manager for strategic
partners and alliances from OnePath Australia, where he was the national sales
manager for employer superannuation.

Catherine
Robson, an 11-year veteran of National Australia Bank left to start her own
boutique financial planning firm, Affinity Private. Robson will open the doors
of the Victoria-based firm in October, providing strategic wealth advisory
services to private client.

Northern
Trust, the US investment manager and custodian, named a new managing director
for its Australia and New Zealand business, along with a new country head
for the Channel Islands. Rohan Singh was appointed managing director for
Northern Trust in Australia and New Zealand. Singh replaced Paul Cutts, who is transferring to the role of country head for the Channel Islands, based in
Guernsey. Both appointments are effective from 1 November 2011.

London-listed
First State Investments appointed Mario Maia as a senior analyst covering the
soft commodities sector to the group’s nine-strong global resources team based
in Sydney. Maia joins from Merrill Lynch Australia .

Manulife Asset
Management announced a quartet of key appointments to its fixed income, equity,
sales and compliance teams in Singapore. Khim Hau Ng was named senior director for
fixed income, having joined from AXA Investment Management Asia Pacific. Lisa Yong was named senior director for equities, having worked at Lion Global Investors,
Allianz Global Investors and Deutsche Asset Management in Asia. Vincent Teo joined the newly-created role of
head of wholesale sales, from AIA. Keith Cheang joined as head of compliance, from Wellington International Management Company
where he was associate director for the legal and compliance team.

RBC
Wealth Management, part of Royal Bank of Canada, continued its emerging markets
push with two senior hires based in Singapore. Li Li Seah joined as vice
president of risk management and Leslie Glass as head of human resources. Seah joined
from RBS Coutts Asia, where she was regional head of credit risk. Glass was
latterly at ABN AMRO.

Deutsche
Bank announced two senior appointments for its direct securities services
business in the Asia Pacific region. Mrugank Paranjape, previously based in the
UK as managing director of direct securities services was promoted to
become head of the division for Asia Pacific. Joseph Barnes, previously a
managing director for securities services based in India, is now head of direct
securities services sales and relationship management, Asia Pacific. He has
been with Deutsche for 13 years.

JP Morgan Treasury
Services strengthened its Southeast Asia team with the appointment of three executives,
two of which are from US rival Citi. Abdul Latiff was promoted to head of
treasury services, while Hooi Ching Wong joined from Citi Malaysia as head of TS for Malaysia. Also from Citi isNadia Schiavon who becomes head of TS for Australia and New Zealand.

Citi
hired Deutsche Bank executive David Murphy as managing director and head of
prime finance in Asia Pacific. Murphy was previously the head of prime finance
for Deutsche and was instrumental to the division's growth in Asia over the
last two years.

RBC
Wealth Management named Samir Dewan as chief operating officer and head of
business development for the emerging markets, a Singapore-based role. Dewan
reports to Barend Janssens, the Canadian bank’s head of emerging markets, and
Ingrid Versnel, global head of operations and technology. Dewan will also join
the operating committee for RBC Wealth Management Emerging Markets.

Australia
and New Zealand Banking Group appointed Kiseok Kim as chief executive for
Korea. Kim previously served as managing director, branch manager and head of
global markets for Korea at Bank of America Merrill Lynch. He took over from HJ
Kim, who is believed to be pursuing other interests. 

Citi
Private Bank named fashion business high-flyer Ida Liu as managing director of
the newly-created North America Asia clients group. Liu was a senior private
banker at Citi's New York office and manages soe $1.8 billion in investment
assets for clients. Before Citi, she was the global head of sales, marketing,
public relations and business development at Vivienne Tam, the international
fashion house, and managed European designer collections at Bergdorf
Goodman.

Barclays
Wealth added to its advisory and investment team in North Asia with two senior
appointments. Chi Lee joined as director, head of active advisory and
investment solutions for North Asia, while Fabian Neo joined as head of FX
advisory, Asia. Lee previously was the head of the Bank of Montreal's private
banking unit in Hong Kong. Neo was the regional head of North Asia advisory for
Credit Suisse. 

Manulife
Singapore established a wealth management business in Singapore made a trio of
appointments to spearhead the unit. Kwok Keng Han transfered from Allianz
Global Investors Singapore to become the wealth arm's senior vice president and
chief of wealth management. Hitesh Shah, from Prudential Assurance Singapore,
joined as senior vice president and chief marketing officer, while Goh Lee Kian
was named senior vice president and chief human resources officer. 

PricewaterhouseCoopers,
the accountant, expanded its Hong Kong operations with three senior
appointments. Now part of the firm as its newest partners are Tony Evangelista,
Carlyon Knight-Evans and Angelica Kwan. PwC said it intends to double its asset
management team to 24 partners and more than 250 staff over the next five
years.

ClearView
Wealth, the Australian financial services company, announced the addition of
Sydney-based financial planner Ron Lambert and his team Lambert Investments as
partners. Lambert offers financial advice to some 6,000 clients with some A$100
million (around $99.7 million) funds under administration.

Deutsche
Bank Asset Management appointed Leslie Chua as head of research and strategy
for Asia-Pacific, excluding Japan and Korea, for its RREEF Real Estate, real
estate investment management business. Chua joined from Pacific Star Holdings
where he was head of research and strategic planning. 

UBS
named Edmund Kian-Chew Koh as country head and chief executive for wealth
management in Singapore. Koh assumes his new role in early 2012 and takes over
from Gerald Chan and Christine Ong. Chan is joining the FICC while Ong is on an
extended leave of absence and will not return to the bank until early next year
to take a new leadership post.

Christie's,
the international auctioneer appointed Sam Hines as head of watches for Asia
based in Hong Kong, to take effect in 2012.

Tokio
Marine Life Insurance Malaysia named Toi See Jong as chief executive officer
with immediate effect. Toi previously served as managing director at Prudential
Assurance in Singapore. He replaced Kenneth Wong.

BNP
Paribas, the French banking group, appointed Laurent Couraudon as the new
country head for China effective 1 October. Couraudon took over from Francois
Cristofari who has retired. He is now based in Beijing.

BlackRock,
the investment management and advisory firm, named Joel Kim as head of
Asia-Pacific fixed income based in Singapore. Kim was previously at ING
Investment Management, where he led the fixed income team for Asia. 

Commonwealth
Bank of Australia announced that Ian Narev was to assume the chief executive
role effective 1 October, replacing Ralph Norris who has retired. Grahame
Peterson, the head of the group's wealth management unit, was also promoted to
group executive for business and private banking. Also appointed was Annabel
Spring as group executive for wealth management effective 1 October. Spring was
previously the group head of strategy. Her old position was to be occupied by
Robert Jesudason, who joined the company from Credit Suisse where he was a managing
director and head of global emerging markets. Jesudason begins at his new role
in December this year. 

Prudential
Real Estate Investors, the real estate asset management arm of Prudential
Financial, made five senior appointments for Pramerica Real Estate Investors
(Asia), its Singapore-based Asian arm. Koichiro Maeda was named managing
director and portfolio manager for Prudential Real Estate Japan, Benett
Theseira became managing director for Southeast Asia, while Taeyun Won was made
managing director for investments and client management in Korea. For the Hong
Kong office, Henry Chin was appointed head of Asia-Pacific research and
strategy and Joyce Lo was appointed senior vice president. In a statement, the
company said the hires were in response to increasing growth opportunities in
the region and support plans to expand. 

HSBC
named Diana Cesar as head of the wealth management division based in Hong Kong.
Cesar was previously the head of marketing and communications for the
Asia-Pacific at the bank. At her new role, she is responsible for the retail
banking and wealth management business, as well as marketing, in Hong
Kong.