People Moves

Summary Of Executive Moves In Asia-Pacific Wealth Management – April 2024

Editorial Staff 10 July 2024

Summary Of Executive Moves In Asia-Pacific Wealth Management – April 2024

The moves, appointments and personnel changes in the APAC region's wealth management sector during April.

Bank of Singapore said that Rickie Chan, its head of private banking for Greater China, took on the additional role of CEO of its Hong Kong branch. He took over the helm from Cindy Wong, who continued as an advisor until 31 May.

Julius Baer’s Thailand joint venture business appointed a new chief executive, Peerapoing Jirasevijinda. He succeeded Lalitphat Toranavikrai, who stayed on the JV’s board of directors.

Toranavikrai, who has been involved with SCB-Julius Baer Securities Co, as the JV is called, since 2008, has held senior positions in wealth management. Her career prior to SCB includes time spent at RBS Coutts in Singapore, and as deputy head of corporate and investment banking at BNP Paribas Thailand. Jirasevijinda brought more than 27 years of financial industry experience to the CEO role.

T Rowe Price, a global asset manager, appointed Tim Chamberlain as Asia-Pacific (APAC) regional chief operating officer. Before this, Chamberlain served as general manager for T Rowe Price’s chief data office, a position that he has held since joining the firm in April 2023.

Investor services group IQ-EQ appointed Sridhar Nagarajan as managing director, Singapore and regional CEO for Asia, Middle East and Africa. He replaced Miichael Marquardt who was IQ-EQ’s previous Asia regional CEO. Nagarajan, who bought more than three decades of industry experience to the job, has been part of IQ-EQ’s senior leadership team since 2019. He led its Africa, India and Middle-East business, serving as regional managing director. 

JP Morgan Private Bank appointed Florence Kui as the head of the China market in Hong Kong. Based in Hong Kong, Kui reports to Harshika Patel, CEO of the Asia Private Bank and Hong Kong CEO of JP Morgan. Kui succeeded Grace Lin, who retired after a career spanning several decades, eight years of which were with the Asia Private Bank. She had almost three decades of experience in wealth management and financial services.  

Julius Baer appointed Benjamin Sim as group head for Greater China Singapore. Sim’s appointment left his existing role – deputy branch manager for Singapore – unaffected. Andreas Zingg, Asia chief operating officer, took over as COO for Singapore alongside his existing responsibilities. Sim, based in Singapore, reports to Yee Kim Tan, market head for Greater China Singapore. 

BNP Paribas appointed one of its senior figures, Aymar de Liedekerke Beaufort, in the newly-appointed role of Asia-Pacific global banking. De Liedekerke Beaufort – based in Hong Kong – reports to Yannick Jung, head of global banking, and Paul Yang, CEO Asia-Pacific. De Liedekerke Beaufort has more than 30 years’ experience of banking in Europe and Asia at BNP Paribas.. 

Natixis Investment Managers appointed Mark Kwek as head of wholesale for Southeast Asia. Kwek, who is based in Singapore, reports to Dora Seow, chief executive for NIM in the city-state. Prior to this, Kwek worked at JP Morgan Asset Management as an executive director on the private wealth solutions team. 

VP Bank reshuffled the leadership of its wealth business in Hong Kong. It appointed Will Wang as head of Hong Kong for VP Wealth Management (Hong Kong) Ltd and chief representative of VP Bank AG Hong Kong Representative Office. Based in Hong Kong, Wang stepped down from his role as alternative solutions head, but kept his responsibilities as the head of strategic partnerships for Asia. Reto Marx returned to Singapore to take up the job of chief risk officer for Asia and head of product and solutions for Asia (ad interim). He relinquished his role as head of Hong Kong for VP Wealth Management (Hong Kong) Ltd. 

Sumitomo Mitsui Banking Corporation appointed Katsufumi Uchida as its new managing executive officer, and co-head for Asia-Pacific. Uchida succeeded Yuichi Nishimura and joined Rajeev Kannan as managing executive officer and co-head for APAC.

In his capacity as a managing executive officer of Sumitomo Mitsui Financial Group, Uchida most recently served as head of Asia business development division and deputy head of APAC division.

Bank of Singapore appointed former senior LGT figure Jibu George as its compliance head in the DIFC branch, Dubai. In his previous job, George was chief risk and compliance officer for the Middle East business of LGT Private Bank, serving in that post from 2017.

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