Indosuez Wealth Management, the wealth management arm of Credit Agricole, has made three new hires following the establishment of new margent segments, including southeast Asia and north Asia, that anchor the company’s presence in Asia.
The appointments include Sandy Chen as managing director and senior banker. Chen has close to 20 years’ experience in wealth management. She was previously senior vice president at UOB Private Banking, where she managed ultra-high-net-worth clients in Singapore and China.
Mark Chester Ng has also joined as executive director and senior banker. Ng has 28 years of banking experience. He spent 13 years at Citibank, where he began his banking career and was with Citibank Private Client before moving into private banking in 2008. Prior to Indosuez, Ng was at J Safra Sarasin, where he expanded the ultra-high-net-worth segment targeted at entrepreneurs, business owners and their families in Southeast Asia.
Meanwhile, Sarah Lee has joined as director and senior portfolio manager for asset management. Lee has close to 18 years of investment experience in the private banking sector. Before Indosuez, she was at BNP Paribas Wealth Management, where she led the global equities portfolio with a focus on thematic and sustainable mandates.
“Over the past few years, Indosuez has been increasingly strengthening our team in Asia. We are confident about the long-term growth potential of Asia and these senior colleagues are major additions to our team, underlining our commitment to enhance the bank’s long-term development,” said Omar Shokur, chief executive officer for Asia and branch manager for Singapore at Indosuez.
“Backed by the assurance and stability that comes with being the wealth management brand of the Credit Agricole Group, we are confident our clients will benefit from the strong suite of wealth solutions offered by Indosuez.”
“With our breadth and depth of wealth management expertise, we are well placed to offer value-added bespoke solutions, which is an important trait of our bank, to clients,” said Ong Yeng Fang, global market head for southeast Asia.