People Moves

UBP In Hong Kong Builds Out Greater China Team

Editorial Staff 19 August 2025

UBP In Hong Kong Builds Out Greater China Team

The Swiss private bank has announced a number of moves for its Greater China business field.

Union Bancaire Privée in Hong Kong has added three figures to its teams as it bolsters services to ultra-high net worth clients in Greater China.

Aaron Lee has joined the Geneva-headquartered bank as team head, reporting to Teresa Lee, CEO of Hong Kong and the North Asia regional head. Lee has about 20 years’ banking sector experience, UBP said in a statement yesterday.

Prior to joining UBP, Lee specialised in serving UHNW clients and driving business development in the Greater China market at Bank of Singapore and HSBC Private Bank. 

UBP also brought in Charles Tam as senior relationship manager, reporting to Lee. Tam has concentrated on managing large portfolios and delivering tailored wealth management solutions, including investment strategies, succession planning, and family governance, for UHNW clients in Greater China.

Tam began his career as a management associate at Citibank. He later joined Bank of Singapore, serving UHNW clients. 

The third addition, Sue Peng, who is joining as an RM, has 20 years finance industry experience, including a wealth management background.

Before joining UBP, Peng was a director at Citi Private Bank, where she managed UHNW families; she was also director of investment banking at UBS, managing overseas IPOs, debt financing, and merger and acquisition deals for Chinese enterprises.

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