DBS sees record wealth management fees
DBS Group said growth in its wealth management business was driven largely by high investment product sales.
Chief investment officer Vincenzo Vedda is taking over the illiquid assets business from CEO Stefan Hoops.
Gautam Anand will lead the Global India private banking franchise for HSBC.
The US-headquartered asset manager T. Rowe Price has hired Shuai Shao for the role of head of China business.
The bank has hired Elvin Ho to lead its family office and structuring solutions and reshuffled its senior bench.
Brian Towers has been named head of insurance and strategic partnerships at PGIM.
Kuang is currently the chief investment officer, China, and the interim head of wealth and premier solutions, China.
Former Nomura executive Gaurav Gupta will be based in Singapore.
Sarah Ng joins Muzinich in Singapore from Wellington Management.
Camilla Love has been appointed as head of Australia & New Zealand to lead the firm’s distribution across the region.
Vi Sun Yang joins Bank of Singapore as its head of private banking, Asean.
Vivian Tang will now oversee both wholesale and institutional distribution in Apac.
Here is a digest of significant wealth and asset management appointments, promotions and departures during the previous month.
Brett Olson joins as head of international ETFs.
HSBC has reshuffled its wealth management and private banking leadership in China.