• Sun. Jun 26th, 2022

4 Finance News

Finance News

Top Tags

Bank of Singapore Broadens Wealth Preparation System

Byadmin2

May 23, 2022
bos wphires

OCBC’s personal banking arm continues to broaden its wealth preparing system with the hire of 2 skilled veterans for Hong Kong and Singapore.

Christine Wong signs up with Bank of Singapore as head of wealth preparation, Greater China and North Asia, according to a declaration.

Based in Hong Kong, Wong reports in your area to the branch’s head of Greater China Teresa Lee and functionally to Singapore-based international head of wealth preparation Paul Chua

Wong has 25 years of experience in trust and wealth preparation, especially with households in Greater China and North Asia. Formerly, she held different senior wealth preparation functions with Edmond de Rothschild, Credit Suisse and HSBC Private Bank where she was its Greater China head of personal wealth options.

Singapore Wealth Coordinator

In addition, Guo Jiawen signs up with as a senior wealth organizer based in Singapore and reports to Chua.

Guo has more than a years of experience in estate and succession preparation with ultra-high and high net worth households. She was most just recently a wealth organizer with UBS in Singapore where she led associated efforts for North Asia.

” Rich households in Asia are no longer simply concentrated on developing wealth; they are significantly taking a look at succession preparation for their services and wealth inheritance,” stated Lee. “The Covid-19 pandemic has actually even more accelerated this shift, having actually advised households of their prospective vulnerabilities and the significance of preparing with stability and durability in mind.”

Household Workplace Company

The brand-new hires become part of more comprehensive strategies to enhance Bank of Singapore’s wealth preparation offering for customers with a net worth of a minimum of $250 million.

The bank has actually been going through growth recently with the doubling of household workplaces onboarded on its platform from 2020 to 2021.

It likewise made other senior hires consisting of ex-UBS wealth preparation veteran Chua in June and Carrie Ng for the recently produced function of head of household workplace advisory in March in 2015.

Source link .

Leave a Reply

Your email address will not be published.