Global private bank EFG International has appointed eight new client relationship officers in Asia Pacific.
This comprises five in Hong Kong including Elvis Lau, who has been appointed head of the independent asset managers team in the Chinese special administrative region, plus three in Singapore.
Lau was previously director of external asset management for greater China at Credit Suisse. He will report directly to Jessica Ng, head of private banking in Hong Kong.
EFG’s Hong Kong branch has also hired Edward Chan, Alex Chang, Ryan Zhao and Flora Law.
Chan has over 35 years of financial industry experience and previously worked at Bank of Singapore, BOCI, Barclays, Standard Chartered, Coutts, UBS and Citi. He was most recently executive director and team head for the greater China/north Asia market at Bank of Singapore. He will report to Ng.
Meanwhile, Chang was most recently a senior director in international wealth management at Nomura International (Hong Kong). He will report to Michelle Wu, private banking team head.
Zhao previously worked at RBC Investment, BNP Paribas, Standard Chartered, DBS and UOB. He was most recently an investment adviser at RBC Investment Services Hong Kong. He will report to Joel Goh, private banking team head.
Finally, in Hong Kong, Law was most recently a relationship manager in the external asset management greater China team at Credit Suisse. She will report directly to Lau.
Meanwhile, in Singapore, Nicholas Yee, Shubhra Pandey and Jolene Zhang have all joined.
Yee was a relationship manager in the greater China and north Asia team at Bank of Singapore and spent several years at Bloomberg as a sales trader and execution consultant. He will report to Tay Yu Jin, deputy head of private banking and greater China, southeast Asia team head.
Pandey was a relationship manager at Standard Chartered focused on the UAE market and previously spent several years at First Abu Dhabi Bank. She will report to Oliver Balmelli, head of private banking for southeast Asia.
Finally, Jolene Zhang was a relationship manager in the greater China team at DBS Bank and previously also held similar positions at UOB Private Bank and Bank of Singapore. She will report to Tay Yu Jin, deputy head of private banking and team head for greater China and southeast Asia.
“EFG’s success in hiring these highly experienced client relationship officers for our teams in Hong Kong and Singapore is a testament to our unique value proposition for both our clients and our bankers,” said Albert Chiu, executive chairman for Asia Pacific at EFG Bank.
“We are fully focused on growing our business in Asia Pacific, which is experiencing high levels of wealth creation and are committed to hiring the right talent to enable us to deliver an exceptional client offering and to harness the region’s immense potential.”