People Moves
BNP Paribas Appoints Hong Kong Wealth Management Head; Senior Figure Departs
A number of high-level changes have been made by the French bank in its Asia-Pacific business.
BNP Paribas has confirmed that Lemuel Lee has been named head of wealth management for its Hong Kong site, effective immediately.
Lee reports directly to Arnaud Tellier, wealth management Asia CEO, and reports functionally to Hugo Leung, CEO Hong Kong, BNP Paribas, a spokesperson confirmed when asked about the matter.
With more than 15 years of extensive investment banking and wealth management experience, Lee joined BNP Paribas in 2017. He has worked with JP Morgan, Bear Stearns and Bank of America Merrill Lynch in capital market roles across Hong Kong, Japan, London and New York.
Michael Yong-Haron, head of wealth management North Asia and Hong Kong CEO is leaving the group to pursue other professional opportunities. He led the North Asia teams over the past two-and-half years.
Ruth Chung, head of Taiwan and greater China Singapore will report hierarchically to Tellier. The future China market head will also report directly to Tellier.
