People Moves

Barclays Wealth Makes 12 Senior Appointments In Singapore, Hong Kong

Tom Burroughes, Group 'Editor, London, 28 March 2011

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Barclays Wealth today announced 12 director-level senior appointments for its private banking business in Singapore and Hong Kong, saying the move was “a further demonstration of its continual growth in its key target markets across Asia”.

“We continue to add depth to our advisory and investment solutions capabilities, reinforcing our commitment to providing best in class advice to our ultra high and high net worth clients,” Didier von Daeniken, chief executive of Barclays Wealth Asia Pacific, said in a statement.

The appointments are:

Singapore

Benjamin Yeo, appointed director, head of research, economics and strategy, Asia. He is responsible for managing teams across Asia-Pacific. Yeo was previously from Bank of Singapore, where he was head of equity research.

Eddie Tan, appointed director, private banker, Singapore/Malaysia team.  She joined from JPMorgan Private Bank, where she served ultra high net worth clients in Southeast Asia.   

Lim Ming How, appointed director, Private Banker, Singapore/Malaysia team.  He joined from Credit Suisse Private Bank.

Kirk Tan, appointed director, Credit Structuring. He is responsible for structuring credit solutions for ultra high and high net worth clients.  He joined from Citi Private Bank, where he was responsible for credit risk management as well as credit product program development. 

Amrit Uppal, appointed director, private banker, South Asia team.  He joined from Credit Suisse in the UK.

Nakul Beri, appointed director, private banker, South Asia team.  He joined from Barclays Wealth in India.

Sara Mi, appointed director, Active Advisory, Southeast Asia, responsible for providing investment-themed advisory solutions as well as short-term, tactical trade ideas across various asset classes to ultra high and high net worth clients across Southeast Asia. She joined from HSBC Private Bank, where she worked in a similar capacity. 

Michelle Le Herissier, appointed director, head of Barclays Wealth Trustees (Singapore) Limited.  She joined from Cititrust in Singapore.  In this new position, she will play a key role in Barclays Wealth’s trust company offering.

Mustafa Mahmood, joins Barclays Wealth as director, private banker, South Asia Team, on 29 March.  He was previously director, private investor product group at Goldman Sachs in Singapore.   

Hong Kong

Barbara Yenson, appointed director, private banker, Hong Kong team.  She joined from RBS Coutts.

Sonia Lee, appointed director, active advisory, North Asia, responsible for providing investment-themed advisory solutions as well as short-term, tactical trade ideas across various asset classes to ultra high and high net worth clients across Greater China.  She joined from Natixis Asia. 

Joanna Ho, appointed director, head of wealth advisory, North Asia, responsible for overseeing the provision of trust structuring and wealth advisory services to ultra high and high net worth clients in North Asia. She joined from HSBC Private Bank, where she was responsible for wealth structuring solutions for high net worth individuals in Greater China.    

In November 2010, Barclays Wealth set up a booking centre in Hong Kong – its second in Asia, after Singapore.  In June 2010, Barclays Wealth obtained the license from the Monetary Authority of Singapore to conduct trust business in Singapore, and to provide a regulated platform for global clients seeking trust services out of Singapore.

In July 2010, meanwhile, the firm set up a private banking joint venture in Japan with Sumitomo Mitsui Banking Corporation and Nikko Cordial Securities to provide wealth management services to high net worth individuals in Japan.

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