Julius Baer Hires Private Banking Veteran Vincent Tang as Team Leader for Southeast Asia
19th February 2022 | Singapore
Swiss Private Bank Julius Baer has hired private banking veteran Vincent Tang as Team Leader for Southeast Asia. Vincent Tang has more than 20 years of wealth management & private banking experience, joining from UOB Private Bank (Market Head Malaysia) and holding senior roles previously at Credit Suisse Hong Kong & Singapore (Market Leader, Head of Real Estate Lending APAC, Team Leader Singapore) and UBS (Senior Client Advisor UHNW Team). Vincent Tang will report to Chin Lit Yee, who is Julius Baer Group Head of Southeast Asia.
“ Julius Baer Hires Private Banking Veteran Vincent Tang as Team Leader for Southeast Asia “
Julius Baer Asia accounts for about 25% of Julius Baer’s total assets under management and global workforce. In 2021, the group reported record annual profits, with strong contributions from key Asian markets. Wealthy individuals entrusted Julius Baer with 20 billion Swiss francs, contributing to assets under management rising by 11 per cent to 482 billion Swiss francs. Net profit was up 55 per cent to 1.08 billion Swiss francs, buoyed by higher advisory and management fees.
Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. In all we do, we are inspired by our purpose: creating value beyond wealth. At the end of October 2021, assets under management amounted to CHF 484 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss stocks.
Julius Baer is present in over 25 countries and more than 60 locations. Headquartered in Zurich, we have offices in key locations including Dubai, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Mexico City, Milan, Monaco, Montevideo, Moscow, Mumbai, São Paulo, Singapore and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base and our entrepreneurial management culture make us the international reference in wealth management.