The new appointee is taking over from a senior figure who is returning to the UK to carry out a similar role for the UK, Ireland and Channel Islands.

JP Morgan Private Bank has appointed Ulysses Lau as head of investments and engagement for Asia. 

Lau will be succeeding Diana Robinson, who is returning to London to carry out a similar role leading the investment advisor team for the firm’s UK, Ireland and Channel Islands business.

Lau will lead the investment solutions and specialists teams in the region, primarily developing market growth strategy and implementing new tactics to enhance the firm's investment platform, the US bank said in a statement yesterday. He will still be based in Hong Kong.

Reporting to Kam Shing Kwang, CEO for JP Morgan Private Bank in Asia, Lau will also help implement investment plans for clients who have sophisticated financial needs based on their long-term goals and multi-generational objectives.

Lau has more than 15 years of investment experience at the private bank in the region across different markets. Most recently he was the head of investments and advice for Hong Kong and the Philippines.