People Moves
Who's Moving Where In Wealth Management? β DBS, Citigroup
The latest moves, appointments and personnel changes in Asia-Pacific wealth management.
DBS
DBS Bank has promoted one
of its senior figures as head of managed solutions for Hong Kong.
Gregory Wu has been elevated to the role and is based in Hong Kong.
In this role, Wu reports to Horace Zeng, a DBS spokesperson confirmed to WealthBriefingAsia yesterday. This is a new position in Hong Kong and Wu will "spearhead the managed solution product team and drive initiatives for managed solutions, hedge fund and private assets," the spokesperson said.
Prior to this, Wu was team lead, private bank and private assets, for three years and five months. Before that, he was a senior vice president in the institutional banking group, and in strategic advisory at DBS. He is a graduate of the University of Chicago.
Citigroup
Citigroup has
appointed Alex Wong as a managing director in its investment bank
to enhance senior coverage across the industrials and mobility
sector. He will report to Lei Li, Citiβs APAC head of industrials
in its investment banking arm. Before this, Wong was a managing
director at Credit Suisse, focused on the mobility and industrial
technology sectors.
Such roles feed into the ideas about trading, economics, new investments etc, that are shared across the US banking group, including its wealth and private banking businesses.