HSBC Private Banking in Singapore has announced several key appointments, including the creation of two new roles, while HP Wealth Management seeks to expand its private market capabilities.
HSBC Singapore adds three to team
HSBC Private Banking in Singapore has made three key appointments in its investment services and product solutions (ISPS) team, according to an official release.
James Cheo, who has over 15 years’ portfolio strategy, asset allocation and economic research experience with international banks, has been appointed as chief market strategist, SE Asia. He is also a member of the Global Investment Committee and Asia Regional Investment Committee.
Rowan Tan has been named Head of Global Solutions Group (GSG), SEA. He is responsible for deepening collaboration and connectivity between HSBC Singapore’s private and corporate banking businesses.
Ishan Sarkar has been named Head of Structured Products, SEA and he will be responsible for delivering equity derivatives, commodities, credits and rates structured products to clients. He replaces Wendy Ang, who has relocated to Hong Kong with HSBC.
HP Wealth hires senior personnel from UBS
Singapore-based HP Wealth Management has appointed Rosemary Liang, who was with the direct investments & corporate finance team of UBS Singapore, to expand its private market capabilities, according to a statement.
Prior to that, Liang had stints with CIMB Group and DBS Bank Taiwan. Liang will work closely with Jose Camacho who leads the Private Market team at HP Wealth Management.
HP Wealth Management was founded in 2009 by Urs Brutsch and obtained the CMS Licence from MAS in 2012. It successfully manages money on a discretionary and advisory basis for clients predominantly based in Asia.