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Summary Of Asia-Pacific Executive Moves In Wealth Management – December 2024

Editorial Staff

20 January 2025

KKR, aka Kohlberg Kravis Roberts, appointed Yoshi Takemoto in Tokyo as manging director to lead its global wealth solutions platform in Japan. Previously, Takemoto was founding member of Blackstone’s wealth team in Japan.

Natixis Investment Managers appointed Johan Lim in  the newly-created role of head of wealth for Hong Kong, Singapore and Southeast Asia. Lim, who is based in Singapore, reports to Dora Seow, CEO, Natixis IM Singapore. Lim has more than 20 years’ experience in the asset management industry in Asia-Pacific. Previously, he was at Morgan Stanley Investment Management, where he served in various roles over a 16-year career, most recently as executive director, international distribution. 

Broadridge Financial Solutions appointed Ashima Ghei as its chief financial officer. Ghei, who had acted as ad interim CFO since 1 July 2024, joined the firm in January 2022 as CFO of Broadridge’s investor communications business. 

Howden, the global insurance intermediary group which covers areas including private wealth, named Rohan Bhappu as deputy CEO, Howden Asia, part of a senior reshuffle. Bhappu was scheduled to be based in Hong Kong, and report to Chye Huat Goh, CEO, Howden Asia. In October 2025, Bhappu became CEO of Howden Asia, reporting to David Howden, CEO. Goh then succeeded Mark Wood as chairman of the region and became chairman of private wealth. Wood will continue to lead Howden’s global specialty practices.

Lombard Odier appointed Omar Shokur as regional head for Asia for its private client franchise, starting in March. In this capacity, he is also CEO for the subsidiary in Singapore.  The role is newly created; Shokur is based in Singapore, reporting to Frédéric Rochat, managing partner and co-head of the private clients division.

Sun Life appointed Benjamin Deng in the newly-created role of president of its Asia asset management arm. Deng reports to Manjit Singh, president of Sun Life Asia and Steve Peacher, executive chair of SLC Management, Sun Life’s institutional asset management business. Previously, Deng was the group chief investment officer at Ping An Insurance.

Progeny, a UK-based firm blending financial planning, asset management, tax, HR, and private and corporate legal services, appointed a new CEO for its Singapore office. Chris Guy, who had worked at large firms such as Barclays Capital, Deutsche Bank and Citibank, replaced Huw Wedlock, who returned to the UK.

Union Bancaire Privée appointed former Bank of Singapore senior figure Jacky Leung as head of investment services for North Asia. Based in Hong Kong, Leung reports to Teresa Lee, Hong Kong CEO and North Asia region head. Leung also has a functional reporting line to Philippe Henry, global head of investment solutions. Leung succeeded Andy Lee, who decided to leave UBP to pursue opportunities outside of the bank. 

PGIM Investments appointed Brenda Leow as head of Southeast Asia. Based in Singapore, reporting to Jessica Jones, PGIM Investments’ head of Asia, Leow leads the wholesale sales and distribution of the firm’s investment strategies across key markets in Southeast Asia. 

After Tan Su Shan was appointed as group CEO, starting in March, DBS made two senior-level appointments: Tan Su Shan succeeded Piyush Gupta as CEO; Gupta was due to retire at the next annual general meeting on 28 March. 

Han Kwee Juan, DBS Singapore country head, succeeded Shan as group head of institutional banking; Lim Him Chuan, group head of strategy, transformation, analytics and research (GSTAR), took over the role of Singapore country head. Juan and Chuan, who continued as members of DBS’ group executive committee, report to DBS CEO Piyush Gupta.

HSBC appointed Annie Lim as Global Private Banking (GPB) desk head for Singapore. Lim, who joined from Lombard Odier, has more than 29 years of banking experience in Asia. 

ANZ appointed a new CEO, Nuno Matos, who succeeded Shayne Elliott after nine years in the post. Matos, who has more than 30 years’ experience across retail, commercial and wholesale banking, was most recently CEO of wealth and personal banking at HSBC. He joined HSBC in 2015, after working at Santander where he was most recently global head of consumer in its retail and commercial division.

UBS said its chief operating officer for the wealth management arm, Wiwi Gutmannsbauer, was appointed as COO for UBS in Asia-Pacific, adding to his existing role. Gutmannsbauer relocated from Zurich to Singapore. His predecessor, Lay-Sie Teo, became APAC chief of staff.

Global law firm Reed Smith hired Arthur Tso to join its global corporate group and Hong Kong office. Tso was previously at DLA Piper. 

T Rowe Price promoted Cassandra Crowe to head of Asia-Pacific consultant relations, based in Sydney. Crowe is head of consultant relations for Australia and New Zealand.

Indosuez Wealth Management appointed Laurent Proutière as CEO for Asia and as Singapore branch manager. Proutière, based in Singapore, reports to Isabelle Jacob-Nebout, head of wealth management, CA Indosuez (Switzerland) SA. He succeeded Omar Shokur who left the Crédit Agricole Group.

Robin Heng, co-head of private banking at Bank of Singapore, retired. Before joining Bank of Singapore, Heng worked at UBS in Hong Kong for a year.  Prior to UBS, he worked for more than seven years at the same bank in Singapore. He also worked at Citigroup and Overseas Union Bank. BoS moved Rodney Sin, the former co-head of Singapore and ASEAN regions to a vice-chair, global client engagement role. The newly-formed role involves leading the bank's UHNW strategies.

Standard Chartered Global Private Bank appointed Derek Too as head of wealth planning and family advisory in Singapore. He reports to Mike Tan, global head of wealth planning and family advisory. Too has more than 15 years of wealth planning experience advising high net worth and ultra-high net worth individuals on succession planning. Prior to his new role, Too worked at Swiss private bank UBS, Société Générale Trust and HSBC in Singapore.