Indosuez Wealth Management, the global wealth management brand of the Crédit Agricole Group, makes two senior hires in North Asia, a critical market.

Indosuez has appointed two wealth management bankers, Diana Hong and Elina Yan, affirming the bank’s long-standing commitment to Asia. 

With over 30 years of experience in the wealth management industry, Hong is joining the North Asia team co cover Greater China as executive director and team head of North Asia, the firm said in a statement.

She started her career in Citibank Taiwan and subsequently moved to Hong Kong, where she headed the sales and wealth management teams in both SinoPac Financial Holdings and UBS AG, covering Taiwan and China. 

Prior to Indosuez, she was at Taipei Fubon Bank as senior vice president and team head of private banking.

Yan, who is also joining the firm as executive director of North Asia, has gained nearly 20 years of experience in corporate banking and private banking in various financial institutions. 

During her time in Standard Chartered Bank, Yan was in the wholesale banking team where she served corporate customers across project finance and trade finance; she was also involved in clients’ company treasury solutions. 

When she started in private banking, Yan’s expertise and understanding of her clients’ businesses paved the way for her to advise high net worth individuals and their families, the firm added. 

She had coverage of the Mainland China and Hong Kong markets when she was at Standard Chartered and Credit Suisse, and at BNP Paribas where she was cluster head. Before joining Indosuez, she was executive director for the China market at Bank J. Safra Sarasin, the firm said.

Welcoming them to the firm, which has €135 billion ($147 billion) in assets under management, Omar Shokur, chief executive officer of Asia and branch manager of Singapore at Indosuez, said: “Indosuez has attracted experienced wealth management bankers into our Asia team, affirming our dedication to the region and our clients."

“With Diana and Elina joining the North Asia team, we are confident our clients will benefit from their deep expertise,” he added.