People Moves

Who's Moving Where In Wealth Management? - Carey Olsen, RBC WM

Editorial Staff 20 August 2020

Who's Moving Where In Wealth Management? - Carey Olsen, RBC WM

The latest senior moves in wealth and asset management from across Asia.

Offshore law firm Carey Olsen has appointed Yan Chng as an associate in the firm's litigation, insolvency and restructuring practice in Singapore.

Yan Chng’s appointment takes the firm’’s headcount to eight in Singapore, Carey Olsen said, which it claims is double the size of its nearest competitor.

The new arrival is experienced in advising and acting for listed corporations, individuals, directors, shareholders and liquidators in complex commercial litigation and arbitration proceedings involving breach of fiduciary duties, misappropriation, conspiracy, trust disputes, minority oppression and unfair preference claims. She was admitted as an advocate and solicitor of the Supreme Court of Singapore in 2016. 

Carey Olsen is based in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey and Jersey, forming a network of nine international offices.

RBC Wealth Management
RBC Wealth Management has appointed Jason Tong to join its private banking team in Singapore as executive director.

Tong will report to Michael Reed, head of RBC Wealth Management, South East Asia. He be responsible for providing trusted advice and wealth management solutions to Singaporean and Chinese clients and families with global ties, especially to Canada, the US and the UK, a segment that RBC refers to as Asia’s global families.

“As clients look to preserve wealth during these challenging times, conversations are frequently turning to safety, security, succession and wealth planning and legacy,” Reed said. “Jason brings tremendous senior experience, particularly in the China market and joins our Singapore team of relationship experts who can help clients navigate these waters and plan for the long term.”

Before this, Tong worked at Bank Pictet & Cie (Asia) where he was a senior banker overseeing client relationships focused on China markets. Prior to this, he spent 12 years with OCBC Private Bank/Bank of Singapore, where he was responsible for a team of 10 relationship managers. Prior to that, he worked with Citibank and Prudential Assurance.

So far this year, the Canadian firm has appointed eight people in Asia. Recent hires include Daphne Chandra, who was hired in Singapore as associate director, relationship manager, joining from Henley & Partners where she was country head of Indonesia. She reports to Dominic Lane, executive director, team head, Asia’s global families, along with Lloyd Cook who has transferred from the bank’s Vancouver business to become director, relationship manager, also based in Singapore.

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