The latest moves in wealth management across Asia-Pacific.

Deutsche Bank
This publication understands that Jan Richards, group head of Southeast Asia at Deutsche Bank, and holding the title of managing director, has resigned from her post to return to the US.

The Frankfurt-listed bank declined to comment when contacted by WealthBriefingAsia.

Richards held her role in Singapore since May 2014, according to her Linkedin profile; prior to this, she worked for more than 18 years at JP Morgan, working from a number of financial locations.

M&G Investments
M&G Investments has appointed William Tan as head of intermediary channels for Asia. He reports to Jonathan Willcocks, M&G’s global distribution head.

Based in Singapore, Tan covers private banks, external asset managers and other wealth managers in the region. He replaces Ben Cherrington, who will relocate to M&G in the UK later this year, the firm said. Cherrington had worked in Asia for five years.

Tan has over 20 years of investment experience and prior to joining M&G was director of strategic solutions, Southeast Asia at Capital Group. He also spent seven years with Templeton Asset Management, where he was director and head of sales, retail distributions, SEA, from 2012 to 2014.

JP Morgan (story was originally published here yesterday and is repeated here.)

May Hsu, head of greater China and vice chairman for the private bank of JP Morgan, has decided to focus solely on the vice chairman role, this publication has learned.

James Wey will succeed as the head of greater China.

In 2008 Wey joined the bank and started as a banker with the Greater China team; he later became a team leader for greater China market.

In his new role as head of Greater China, Wey will report to Kam Shing Kwang, Asia private banking chief executive.