The new chief operating officer has held a string of private banking and wealth management roles in Asia.

State Street Global Advisors, the asset management arm of US-headquartered State Street, has appointed private banking industry figure Betty Ng as managing director and chief operating officer for Asia ex-Japan. The role is newly-created, State Street said yesterday. 

Ng oversees business and infrastructure development, and supports how strategic and growth initiatives for SSGA in the region are put to work. Based in Hong Kong, Ng reports to June Wong, head of Asia ex-Japan at SSGA.

Previously, Ng worked at Agricultural Bank of China, where she was general manager of private wealth management in Hong Kong. Prior to this, she spent seven years at Standard Chartered Bank serving in a number of senior positions, including chief operating officer of private banking, North East Asia, and general manager of wealth management and Priority Banking. She was previously head of wealth management at Citibank Hong Kong and head of institutional sales for Jardine Fleming in Asia.