Indosuez WM poaches advisory head from UBS

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Woo Ting May has been hired as head of investment advisory at Indosuez Wealth Management in Singapore.

The 16-year industry veteran starts at the global wealth management unit of French Crédit Agricole Group immediately, and reports to Julien Collin, head of markets, investment and structuring in Singapore, according to a statement from the firm.

Woo is also based in the Lion City, where she leads the investment advisory team and works with relationship managers to present investment strategies and portfolios to the bank’s high-net-worth (HNW) and ultra-HNW clients, according to the statement.

“The investment appetite among HNW individuals in Asia has been growing substantially. Indosuez Wealth Management recognises our clients’ needs for more tailored and dedicated advisory services to navigate market volatility,” said Pierre Masclet, the bank’s chief executive officer for Asia and branch manager for Singapore, in the statement.

Woo joins Indosuez WM from UBS, where she was director of the active portfolio advisory team at UBS. Previously, she managed the investment desk at BMO Private Bank in Singapore and has also worked at OCBC Bank and American Express Bank.

Last September, the bank lured Shirley Lau away from ABN Amro to head its structured products efforts in Asia. 

Indosuez WM has €122.8bn ($137.7bn) in assets under management as of 31 December 2018 and has a presence in 14 countries, according to the statement.

Its Asian business was boosted by the purchase of Crédit Industriel et Commercial’s private banking operations in Singapore and Hong Kong.

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