Swiss banking giant Credit Suisse bolsters its Greater China private banking team by hiring a former top figure from Barclays's wealth and investment arm.

Credit Suisse has added a market leader for its Greater China private banking team.

Rickie Chan joins the company as managing director and market leader for Greater China, based in Hong Kong. Chan was previously the managing director and market area head of Hong Kong at Barclays Wealth and Investment Management, where he led a team of bankers covering the ultra-high net worth clients in Hong Kong. Before that, he was an executive director at Goldman Sachs Private Wealth Management, where he worked for 16 years.

In his new capacity, Chan will focus on driving business and client development, particularly leveraging the firm's banking platform across private banking and wealth management and investment banking, while further building up the Greater China talent pool.

He reports to Tee Fong Seng, vice chairman and market area head for Greater China, private banking Asia-Pacific. This publication understands that this is an additional position and is not a replacement.

"Credit Suisse is making progress in building up our Greater China PB franchise and strengthening our Hong Kong hub. The scalability of our private banking front organisation structure continues to enable us to hire, develop and retain the best talent, while nurturing a strong team culture," said Tee in a statement.

This appointment follows expansion efforts in the region in the past months. In late 2013, the company brought in Luo Liuyi as managing director and market leader for Greater China and Jason Yeung as managing director and senior client partner for the same area.