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Caproasia Online Logo 1 Square 400 by 400Top Headlines in the Last 7 Days 

(7th – 13th Nov 2016)

No. 1 Credit Suisse Hires Veteran UBS Banker

Nicholas Kourteff has been hired by Credit Suisse. He will be the head of product management solutions in Asia. Prior to this, he was from UBS and has spent nine years in UBS doing a similar role.

He has managed financial planning teams in North Asia and brokers supporting wealth planners and client advisors covering South Asia. Learn More …

 

No. 2 Lombard Odier Hires from Chanel

Lombard Odier will be hiring Josephine Verine as Chief Operating Officer of Marketing with effect from 15th Nov. She was previously the managing director of Chanel’s haute couture division.

The hire is significant as she was from the luxury goods industry and it reflects the bank’s efforts to bring in wealthy clients. Learn More …

 

No. 3 J Safra Sarasin Appoints New Managing Director

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J Safra Sarasin has appointed Sutarmin Lili as Managing Director of Client Advisory to lead the team which covers Indonesia and Southeast Asia. This will be effective 8th November.

He joins from Julius Baer, Singapore where he has been a Managing Director since 2010. Lili has also worked in UBS where he was an Executive Director since 2008. Learn More …

 

No. 4 Fidelity International to Have a New Country Head

Fidelity International as appointed Ben Waterhouse as Head of Intermediary Business, South East Asia and Middle East and Country Head Singapore

He is currently Head of Wholesale Sales in UK and has spent 10 years at Legal and General Investment Management leading distribution in the intermediary market. Learn More …

 

No. 5 Credit Suisse Hires for China Securities Business

A new Head of Sales Trading has been appointed for Credit Suisse Founder Securities, a joint venture between Founder Securities and Credit Suisse founded in 2008. Steven Zhang will be the new Head of Sales Trading and will be in charge for the onshore brokerage business.

He has worked at China International Capital Corporation and UBS Securities where he was the China Head of Sales Trading. Learn More …

 

No. 6 MetLife Appoints New CEO for Hong Kong

MetLife announced that it will appoint Lee Wood as CEO of Hong Kong business. He is an experienced insurance professional with over 15 years of industry experience.

He has worked as Senior Vice President at Allianz Taiwan Life Company Limited and was in charge of marketing, product development and direct marketing channel. Learn More …

 

No. 7 Old Mutual International Hires Head of Business Development in Hong Kong

Old Mutual International has appointed Ivy Lee as Head of Business Development for Hong Kong. She will be responsible for building and growing the reach in Hong Kong.

Ivy was previously from Friends Provident International and has had 20 years industry experience. She also worked in Sun Life, Prudential and HSBC. Learn More …

 

No. 8 New Global Head of Structured Products at Julius Baer

Luigi Vignola will be appointed as Global Head of Structured Products at Julius Baer with effect from 1st February 2017. He will be responsible for integrating the Structured Products Asia offering into global Structured Products organisation.

He joined in 2009 and was the Head of Markets Asia since 2012. He was in charge for developing and expanding the trading, execution and advisory platforms. Learn More …

 

No. 9 Ex-BSI Banker Found Guilty in 1MDB Case

Yak Yew Chee, a former BSI SA private banker has been found guilty in the case linked to 1MDB. He is now the first banker to be convicted in the corruption and money laundering checks involving the Malaysian fund.

He is sentenced to 18 weeks in jail and a $24,000 fine. The charges include forging documents and failing to disclose suspicious transactions allegedly related to Malaysian financier Low Taek Jho. Learn More …

 

No. 10 Ex-UBS Bankers Launch Investment and Advisory Firm

Three former colleagues and Managing Directors from UBS Wealth Management Asia has opened a new investment and advisory firm called Lioncrest Global in Hong Kong on 11th November 2016. They have more than 60 years of experience in wealth management, asset management and corporate finance.

Lioncrest Global focuses on serving select institutions, family offices and high net worth families and individuals. Learn More …

 

Credits: Finews Asia, BloombergJulius Baer Press Release, ANZ Press Release, MetLife Press Release, Old Mutual Wealth Press Release, Lioncrest Global Press Release

 



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