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

Indosuez Wealth Management has appointed Hank Chiu as executive director and Renee Wu as senior director in its North Asia team.

Chiu has more than 20 years of experience in wealth management, the firm said in a statement. Early in his career, he was based in Taiwan where he specialised in the priority banking segment, focusing on building the investment portfolios of high net worth individuals. Chiu has also served in senior roles at UBS Wealth Management and Morgan Stanley Wealth Management over the past 17 years, both in Singapore. In his new appointment, he will assume senior responsibilities for covering key Taiwanese clients, the firm said in a statement.

Wu has almost two decades of banking experience in Taiwan. Prior to joining Indosuez, Wu was senior vice president of the private banking division at Taipei Fubon Bank where she played a key role in acquiring high net worth clients. Her previous responsibilities included managing teams at ANZ Bank and Citibank.

The wealth management house said the appointments are part of the bank’s strategy to strengthen its position in Asia by establishing teams with strong expertise, providing a better service for specific client segments. The North Asia team in the Singapore branch plans to double its business by 2025 as part of its three-year plan. 

“This expansion is in line with our dedicated strategy for Taiwan and the region as we sharpen our focus to provide customised wealth management solutions including supporting generational wealth transfer,” Alfred Low, head of North Asia and strategic partnerships, said.

“Asia is a burgeoning economy where wealth creation continues at a fast pace and clients are keen to protect and grow their wealth,” Omar Shokur, CEO, Asia, added. “We have been investing rigorously into the restructuring and strengthening of our Asia teams with the onboarding of senior bankers and product specialists over the last two years, to serve specific market segments and ensure that clients receive optimal service.”