People Moves

Indosuez Wealth Management Hires Trio Of Senior RMs In Asia

Tom Burroughes Group Editor 27 October 2017

Indosuez Wealth Management Hires Trio Of Senior RMs In Asia

The firm said it is pushing forward with its strategic growth plans for the region.

Indosuez Wealth Management  has appointed three senior relationship managers and a product specialist in Hong Kong and Singapore, a move described by the firm as part of its continued growth strategy for Asia.

The RMs had previously worked at banks such as ANZ and ABN AMRO, banks which have spun off their Asian private banking arms over the past year.

Andrew Cheng has been named managing director in Hong Kong, reporting to Piera Au-Yeung, team head and deputy chief executive of the Hong Kong branch. Cheng worked previously at ANZ Private Bank and Bank Julius Baer in Hong Kong, having gained over a decade of private banking experience in the Greater China region.

Amy Yeung is appointed senior director in Hong Kong, reporting also to Piera Au-Yeung, team head and deputy chief executive of the Hong Kong branch. Before taking on this role, Amy was with ANZ Private Bank and ABN AMRO Private Bank in Hong Kong for over 10 years as a senior private banker.

Qays Koh is appointed director in Singapore, reporting to Michael Yeo, team head and senior director of the Singapore branch. Qays joined Indosuez Wealth Management from ABN AMRO Private Bank and Standard Chartered Bank in Singapore, bringing with him more than 10 years of private banking experience.

Separately, Teresa Hui is appointed fixed income advisor in Hong Kong, reporting to Arjan De Boer, head of markets and investments and structuring, Asia. Being a fixed income specialist, she has more than 10 years’ experience in advising targeted investment solutions to high-net-worth and ultra high-net-worth clients and private bankers alike. Prior to her role at Indosuez Wealth Management, she worked for Edmond De Rothschild in Hong Kong.

The firm has been bulking up; in July, Indosuez Wealth Management agreed with Crédit Industriel et Commercial to acquire the latter’s private banking operations in Singapore and Hong Kong. The firm brought in CIC’s private banking teams in Singapore and Hong Kong, adding to the staff the group currently employs in Asia. The group's parent bank is Crédit Agricole Corporate and Investment Bank, the Paris-headquartered firm.

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