Swiss Private Bank Julius Baer Appoints Andrew Lee as Vice Chairman Southeast Asia, Hires UBS Vi Sun Yang & Bank of Singapore Shui Wei Ho as Group Head Southeast Asia
24th June 2022 | Singapore
Swiss private bank Julius Baer has appointed current Group Head of Southeast Asia Andrew Lee as the new Julius Baer Vice Chairman Southeast Asia (1st Aug 2022), and the hiring of UBS Vi Sun Yang & Bank of Singapore Shui Wei Ho as 2 new Group Head of Southeast Asia. Veteran senior banker Andrew Lee who will be taking on the role of Vice Chairman Southeast Asia, had joined Julius Baer ib 2016 and had held senior & leadership roles in leading financial institutions including HSBC, Deutsche Bank and Citibank. Vi Sun Yang (UBS Head Private Client Segment & Wealth Management Client Service Specialists, American Express Bank, DBS Bank, Standard Chartered Bank) will join Julius Baer on 18th July 2022, succeeding Andrew Lee. Shui Wei Ho (Bank of Singapore Market Head for Thailand & Indochina, UBS, Monetary Authority of Singapore) will join Julius Baer on 1st August 2022 as Group Head of Southeast Asia, succeeding Christian Cappelli who returned to Switzerland to take on a new role as Head APAC Switzerland. Andrew, Vi Sun and Shui Wei will be based in Singapore and will all report to Jason Moo, Julius Baer Head Private Banking South East Asia & Branch Manager Singapore.
“ Julius Baer: Andrew Lee as Vice Chairman Southeast Asia, Hires UBS Vi Sun Yang & Bank of Singapore Shui Wei Ho as Group Head Southeast Asia “
Jason Moo, Julius Baer Head Private Banking South East Asia & Branch Manager Singapore:
“These appointments are a reflection of our deep commitment to the wealth management market in South East Asia and our promise to provide our clients with greater access to senior management coverage. Their extensive industry experiences and network, as well as their unparalleled knowledge of this region will generate tremendous value for our key clients and further expand our wealth management platform.
With their established track records and client-servicing capabilities, we will leverage their expertise to further solidify our leading position in the market, strengthen our offerings to the key clients, and accelerate our growth plans.”
“ Asia is our second home market and accounts for about a quarter of our total assets under management and global workforce, and the Group reported record annual profits in 2021 after strong contributions from key markets including Greater China, Singapore, Japan and India. We have large franchises in core markets including China, Hong Kong, Singapore and India, complemented by dedicated local partnerships with Nomura in Japan and Siam Commercial Bank (SCB) in Thailand.
In fact, Singapore is our second-largest location globally and we are the largest foreign wealth management player onshore in India and have one of the largest and most established teams on the ground in Thailand.”