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Former Deutsche Bank WM exec joins Safra Sarasin

Former Deutsche Bank WM exec joins Safra Sarasin

Bank J. Safra Sarasin has appointed Masaki Sugawara as a managing director, client advisory.

Sugawara joins J. Safra Sarasin from Deutsche Bank Private Wealth Management, where he was director, Japan market.

He will be based in Hong Kong.

Sugawara joined Deutsche Bank from Credit Suisse Private Banking in 2006.

Commenting on the hire, Enid Yip, CEO, Asia, said: 'With our first hire in Asia in 2017, we are delighted to again demonstrate our deep commitment to Asia and to expanding our ability to offer our expertise and products to a greater range of clients.'

Sugawara has more than 20 years of experience as a private banker.

He has also worked for Citi Private Bank and Long-Term Credit Bank of Japan in the past.

At the end of December 2015, J Safra Sarasin managed total client assets of over CHF 144 billion ($141.6 billion).

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