Who's Moving Where In Wealth Management? - Carey Olsen, RBC WM

Editorial Staff

20 August 2020

Offshore law firm has appointed Jason Tong to join its private banking team in Singapore as executive director.

Tong will report to Michael Reed, head of RBC Wealth Management, South East Asia. He be responsible for providing trusted advice and wealth management solutions to Singaporean and Chinese clients and families with global ties, especially to Canada, the US and the UK, a segment that RBC refers to as Asia’s global families.

“As clients look to preserve wealth during these challenging times, conversations are frequently turning to safety, security, succession and wealth planning and legacy,” Reed said. “Jason brings tremendous senior experience, particularly in the China market and joins our Singapore team of relationship experts who can help clients navigate these waters and plan for the long term.”

Before this, Tong worked at Bank Pictet & Cie (Asia) where he was a senior banker overseeing client relationships focused on China markets. Prior to this, he spent 12 years with OCBC Private Bank/Bank of Singapore, where he was responsible for a team of 10 relationship managers. Prior to that, he worked with Citibank and Prudential Assurance.

So far this year, the Canadian firm has appointed eight people in Asia. Recent hires include Daphne Chandra, who was hired in Singapore as associate director, relationship manager, joining from Henley & Partners where she was country head of Indonesia. She reports to Dominic Lane, executive director, team head, Asia’s global families, along with Lloyd Cook who has transferred from the bank’s Vancouver business to become director, relationship manager, also based in Singapore.