Citi has hired a Goldman Sachs private banker, Rudolf Hitsch, to head up its China private banking business.

Shayne Nelson is to succeed Peter Flavel as global head of The Standard Chartered Private Bank, following the latter’s appointment to a new position within the group.

Flavel is to take up the role of global head, personal banking in July, after which Nelson, currently regional chief executive, Middle East & North Africa and CEO for Standard Chartered UAE, will take over at the helm of the private bank.

Diversa Limited, the Australian specialist wealth management firm, appointed Vincent Parrott as head of funds management. Parrott has over 25 years of experience in the financial services industry and has served leadership roles within the institutional funds sector for AMP, SBC (now UBS Global Asset Management) and BT Funds Management.

Barclays Wealth appointed former Standard Chartered senior manager Bryan Henning as head of global research and investments, Asia, to be based in Singapore. He is also a member of the Barclays Wealth Asia Pacific management committee.

Perpetual named Geoff Lloyd as the new group executive of Perpetual Private Wealth. Lloyd joins the company from BT Financial Group, where he was the general manager of advice and private banking after BTFG merged with the wealth management operations of St George Bank in 2008. He takes over from John Nesbitt, who recently left to become chief financial officer for Suncorp.

The Standard Chartered Private Bank has hired three senior staff for its North East Asia business. Lionel Kwok has been hired as regional head of Investment Advisory, North East Asia; Trevor Mak has been appointed as head of Relationship Management in Hong Kong and Stella Kong has been appointed as head of Relationship Management in China.

Edmond de Rothschild Asset Management, a subsidiary of La Compagnie Financière Edmond de Rothschild, has hired Lavin Mok as head of Asia sales. Mok was formerly a managing director at Tremont Capital Management, and headed up the firm’s fund of hedge fund sales activities in various Asian countries.

Barclays Wealth, the global wealth management division of Barclays, hired Helen Pun as director, market head of Hong Kong. Pun will oversee and manage the team of private bankers covering Hong Kong, taking overall responsibility for the development and bottom line of this market. She reports to Joanna Chu, head of north Asia. Pun was previously an executive director, senior client advisor, on the greater China key clients team at UBS in Hong Kong.

Singapore banking group DBS Group hired high-profile private banker Su Shan Tan to lead its private banking unit. Tan is the managing director at Morgan Stanley and focuses on the bank's wealth management operations in Southeast Asia and Australia.

Citigroup has appointed Michael Zink, a US national, as its new country head for Citi Singapore. Zink will be in charge of the US bank’s institutional clients group, consumer banking and global cards, plus its global wealth management businesses in the city state.

Religare Enteprises chairman Malvinder Mohan Singh and director Shivinder Mohan Singh have resigned from the company, paving the way for a reshuffling among senior ranks.

Ten private bankers have asked to leave Bank of Singapore, the private banking subsidiary of Singapore-based OCBC. The staff who may be on the move were among 50 in OCBC's own private banking arm before it was merged with the acquired Asian private banking unit of ING earlier this year, bringing the total to 200.