Dominique Jooris (pictured), the CEO of Bank Pictet & Cie Asia, has decided to step down from his position to explore other opportunities, the bank announced Tuesday.
Jooris, who held the top post for four years, joined Pictet’s Singapore office in July 2016, after 11 years at Goldman Sachs.
At Pictet, Jooris has been placing efforts mostly on the regional expansion of the business. Under his leadership, the bank increased headcount by more than 60% in Asia, as well as received regulatory approval for a wholesale bank license.
Fong Seng Tee, CEO of Pictet Wealth Management Asia noted that assets and revenue of Pictet’s Singapore private banking entity doubled during Jooris’ tenure as CEO.
‘We would like to thank Dominique for his exceptional leadership. He has nurtured a solid team who is ready to take the bank to the next level.
‘We are delighted that Sharon, who has been instrumental in the growth of PWM’s North Asia business for the past 10 years, will be leading our team in Singapore,’ Fong said.
The board has appointed Sharon Chou as CEO of Bank Pictet & Cie Asia, effective 1 January 2021. She will lead Pictet Wealth Management’s business in South and Southeast Asia, and report to Fong.
Chou joined Pictet in 2011 and was formerly North Asia and Hong Kong CEO of PWM. Prior to that, she spent 14 years at BNP Paribas in Hong Kong.
She specialised in risk management and was head of counterparty risk for its regional private banking division, and regional head of credit and risk management.
Pictet also announced two other senior appointments on Tuesday. It has hired Kian Seng Yap and Rayson Tan as chief financial officer and chief risk officer for Asia respectively.
Yap brings over 24 years of experience in the banking industry and was most recently UBS’ Apac head financial controller of its wealth and asset management businesses.
Meanwhile, Tan has close to 20 years of compliance and risk experience in the banking and financial services industry. He joins from Revolut Technologies where he was chief risk officer and head of legal.