Bank Of Singapore Adds To Wealth Planning Teams

Editorial Staff

25 May 2022

has brought two wealth planning veterans on board: Christine Wong and Guo Jiawen.

Wong (pictured) joined as the new head of wealth planning, Greater China and North Asia for its Hong Kong branch. She reports locally to Teresa Lee, head of Greater China, Hong Kong branch, and functionally to Paul Chua, global head of wealth planning. (Chua, who is based in Singapore, was appointed in June last year.)

Wong will be responsible for managing and growing the bank’s wealth planning, family office and trust offerings where she and her team will help clients in Greater China and North Asia.

Guo, who is joining as senior wealth planner, will be based in Singapore, reporting to Chua. Her responsibilities include helping clients achieve their wealth planning objectives, especially in relation to their succession, legacy and asset preservation needs by advising on the use of trusts, other holding vehicles as well as providing guidance on estate planning strategies.

“Wealthy families in Asia are no longer just focused on creating wealth; they are increasingly looking at succession planning for their businesses and wealth inheritance. The Covid-19 pandemic has further accelerated this shift, having reminded families of their potential vulnerabilities and the importance of planning with stability and longevity in mind,” Teresa Lee, head of Greater China, Hong Kong branch, Bank of Singapore, said.

Wong, who is an industry veteran with over 25 years of trust and wealth planning experience, has held a variety of senior wealth planning positions within the wealth management industry, including Edmond de Rothschild, Credit Suisse and HSBC Private Bank. At the latter bank, she was the head of private wealth solutions for Greater China responsible for the growth and management of HSBC’s wealth planning and trust business for the Greater China market. Wong holds a bachelor of commerce (accounting and finance) degree from the University of Melbourne, Australia and a bachelor of law degree from the University of London.

Guo has more than a decade of experience working on various complex estate and succession planning projects with ultra-high and high net worth families, including advising families on the establishment of trusts and philanthropic vehicles. Her legal background in tax and private client advisory work enables her to provide holistic solutions and advisory services to families in relation to their estate, succession and wealth transfer needs. Guo was most recently a wealth planner with UBS AG Singapore, where she led the wealth planning initiatives for North Asia. She holds a bachelor of laws degree from the National University of Singapore.

Another addition to the wealth planning team was Carrie Ng as head of family office advisory last March, a newly-created role in Singapore.