Citywire - For Professional Investors

Register to get unlimited access to all of Citywire’s fund manager database. Registration is free and only takes a minute.

Bank of Singapore hires from rivals for Greater China

Bank of Singapore hires from rivals for Greater China

Bank of Singapore has grown its Greater China team with new senior hires as part of its strategy to capture ultra-high-net-worth wealth in the region.

Based in Hong Kong, Phonda Chan and Anne Song have been appointed market heads for Hong Kong and offshore Taiwan, respectively.

Chan joins from LGT Bank, where she was managing director, leading a team of relationship managers serving ultra-high and high-net-worth clients in the Greater China region. She has 26 years of industry experience.

Song, on the other hand, has held management roles in Julius Baer and Standard Chartered Bank in the past, and has over 20 years of experience.

Prior to joining Bank of Singapore, she was managing director and country team head for Taiwan, at UBS Wealth Management.

Jacqueline Lee has joined Bank of Singapore in Hong Kong as executive director and head of risk. Her previous experiences spans across BNP Paribas Wealth Management, UBS and Coutts.

All three executives will report to Derrick Tan (pictured), chief executive of the Hong Kong branch and global market head for Greater China and North Asia.

These hires bring the total number of women leaders at the private bank’s Hong Kong branch to 11.

Last year, the bank hired Teresa Lee as market head and Angel Wu as head of product management.

Commenting on the new hires, Tan said : 'Studies have shown that companies with more women leaders perform better overall. However, when we assess a candidate, what matters most is that they are capable and are a good fit for our team.

‘We also recognise that it is important to hire locals who have a keen understanding of our key markets in the Greater China region,’ he added.

Bank of Singapore’s total assets under management (AUM) crossed $100 billion this year, with AUM for the Greater China region growing more than 20% in the last 12 months.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Asia Bangkok Retreat 2018: day one images

    Citywire Asia Bangkok Retreat 2018: day one images

  • Citywire Asia Bangkok Retreat 2018: day two images

    Citywire Asia Bangkok Retreat 2018: day two images

  • Citywire Asia Taipei Retreat 2017: day one images

    Citywire Asia Taipei Retreat 2017: day one images

  • Citywire Asia Taipei Retreat 2017: day two images

    Citywire Asia Taipei Retreat 2017: day two images

  • Citywire Asia Bangkok Retreat 2017: day one images

    Citywire Asia Bangkok Retreat 2017: day one images

  • Citywire Asia Bangkok Retreat 2017: day two images

    Citywire Asia Bangkok Retreat 2017: day two images

  • Images from Citywire Thailand Forum 2017

    Images from Citywire Thailand Forum 2017

  • Citywire Asia Awards 2017: images from Singapore

    Citywire Asia Awards 2017: images from Singapore

  • Citywire Asia Awards 2017: images from Hong Kong

    Citywire Asia Awards 2017: images from Hong Kong

  • Citywire Asia Retreat in Bangkok: day two images

    Citywire Asia Retreat in Bangkok: day two images

  • Bangkok buzz: day 1 images from our Asia Retreat

    Bangkok buzz: day 1 images from our Asia Retreat

  • Images from Citywire's Thailand Forum

    Images from Citywire's Thailand Forum

  • Pictures from Citywire's Hong Kong forum

    Pictures from Citywire's Hong Kong forum

  • Images from our Citywire Singapore Forum

    Images from our Citywire Singapore Forum