HSBC Private Banking goes on hiring spree
31 Oct 2019 | The Asset
HSBC Private Banking announced a string of new hires and appointments in September amid plans to significantly grow its business going forward. The bank has further expanded its investment services and product solutions group leadership team with the appointment of Lina Lim as regional head of discretionary for Asia. Based in Hong Kong, Lim will continue the focus on growing the bank’s discretionary business in Asia, overseeing the development of customized portfolio and discretionary portfolio management in the region. She joined from J.P. Morgan Wealth Management, where she was most recently spearheading the institutional wealth management’s discretionary business in Asia for family offices, endowments and foundations.
Rocky Cheung has been appointed head of investment counselling for the China and Taiwan markets. He was previously with DBS Private Bank, where he was head of investment product and advisory. Simon Hwang also joined HSBC Private Banking as investment counselling team head for the China market. He came from Citi Private Bank where he led the China and Taiwan investment counselling team.
HSBC Private Banking likewise enhanced its private wealth solutions business with two senior appointments. In order to build up private wealth solutions (PWS) and provide comprehensive regional support for a growing number of HSBC Group-connected clients, Cynthia Lee is taking on an expanded role to cover the Asia-Pacific. The change means PWS’ structure will mirror that of private banking – the largest contributor of referrals for the business.
Steven Weekes has joined HSBC Private Banking after spending 23 years at Citi Private Bank, where he was most recently head of international fiduciary services based in Zurich, Switzerland. He led a global team of professionals with responsibility for international trust companies in the Bahamas, the Cayman Islands, Jersey, Singapore and Switzerland.
Over at Credit Suisse, Erica Poon Werkun has joined the Swiss bank as head of equity research for Asia-Pacific with responsibility to further enhance its equity advisory offering in the region and deliver high-quality commercial investment ideas to clients. Werkun transferred from UBS, where she was a managing director and head of research for UBS Securities in China.
Mark Uy also joined Credit Suisse as head of the Philippines’ coverage in investment banking and capital markets. Based in Manila, he was previously an executive director at J.P. Morgan, where he held various senior investment banking roles in their US, Philippines and Singapore offices.
IN • ANZ Gareth Coleman director, infrastructure, export & sustainable finance team, Singapore; Mariko Ishida associate director, loans & specialized finance, Japan; Stella Saris head, sustainable finance, international • CIMB Group Holding Ahmad Shahriman Mohd Shariff CEO, CIMB Islamic Bank & group Islamic banking; Rafe Haneef CEO, group transaction banking; Victor Lee Meng Teck country head & CEO, CIMB Bank Singapore/CEO, group commercial banking • CLSA Adrian Mowat chief strategist; Alvin Wong head, China property research; Tony Ren head, North Asia healthcare research; Hans Fan head, China financial research; Ben Brownette analyst, industrial research, Australia; Lee Power analyst, industrial research, Australia; Frederick Fu head, leveraged & structured finance; Samuel Chan head, debt syndicate • Commerzbank Tony Zhang joint country CEO, China/general manager, Beijing/head, China corporate coverage • Credit Suisse Mark Uy investment banking & capital markets, Philippines; Erica Poon Werkun head, equity research, Asia-Pacific; David Murphy managing director & head, China Quantitative Insight; Haixu Qiu deputy head, China Quantitative Insight; Lei Chen head, consumer sector coverage, China Quantitative Insight • HSBC Philip Lee vice-chairman, global banking, Southeast Asia; Eliot Camplisson head, equity research & product, Asia-Pacific • HSBC Private Banking Lina Lim regional head, discretionary, Asia; Rocky Cheung head, investment counselling, China & Taiwan; Simon Hwang head, investment counselling team, China; Cynthia Lee regional head, private wealth solutions, Asia-Pacific; Steven Weekes head, private wealth solutions, Southeast Asia; Michelle Lau managing director, ultra high net worth & family office strategic services, Southeast Asia • J.P. Morgan Asset Management Rick Wei head, insurance strategy, Asia, ex-Japan • Natixis Viet-Linh Ha Thuc head, global markets, Asia-Pacific; Eric Elbaz head, sales & financial engineering, Asia-Pacific; Eric Michi head, equity trading, Asia-Pacific; Jacques Clot trading risk officer, Asia-Pacific • • OCBC Bank (China) Kng Hwee Tin executive director & CEO • Standard Chartered Marilyn Fung director, loan syndicate & distribution, Asia; Dwaipayan Sadhu head, retail banking, Singapore
OUT• BNP Paribas Asset Management Rick Wei head, insurance strategy, Asia • Citi Adam Lavis head, equities, Australia & New Zealand • Citi Private Bank Simon Hwang head, investment counselling team, China & Taiwan • Commerzbank Eric Michi head, exotics, vanilla, funds, Asia • DBS Private Bank Rocky Cheung head, investment product & advisory • Deutsche Bank Hans Fan director, China financials, equity research • Goldman Sachs Eliot Camplisson managing director & deputy director, Asia equity research • J.P. Morgan Wealth Management Lina Lim head, institutional wealth management, discretionary business in Asia for family offices, endowments & foundations • Maybank Tony Ren vice-president, HK/China healthcare equity research • Nomura Securities Min Chow Sai executive director, Singapore & regional listed real estate investment research • Standard Chartered Samuel Chan head, capital markets, Singapore • UBS Erica Poon Werkun managing director & head, research, UBS Securities China