Alison Lim will take over as chief executive officer (CEO) of Banque Pictet & Cie SA (BPSA) Singapore Branch with effect from 6 January 2025 (subject to regulatory approvals), according to an internal memo seen by FSA.
Lim will be joining from BNP Paribas Wealth Management where she is head of South East Asia. In her new role at Pictet, she will report to Victor Aerni, equity partner, CEO Pictet Wealth Management Asia.
Lim will replace Sharon Chou, BPSA Singapore Branch’s current CEO, who will be retiring next year, on 30 June 2025, following a 35-year career in the financial sector.
“We are immensely grateful for her 15 years of dedicated service at Pictet, both in Hong Kong and Singapore where she has built successful businesses and overseen key strategic initiatives,” said Aerni, in the memo.
Lim has more than 30 years of experience in the financial sector, with wealth management leadership roles at major private banks including Credit Suisse where she was Indonesia market leader and prior to that, at UBS where she headed global investors Apac.
She started her career at the Monetary Authority of Singapore (MAS) as an economist and subsequently spearheaded Singapore’s initiatives to develop as a wealth management hub. She was awarded the MAS scholarship to Oxford University, UK where she graduated with an MA in Economics and Philosophy.