Lousiana Cheung has been appointed to lead the Greater China team, covering the private banking business and managing client relationships in the region.

Cheung started her career with Falcon Private Bank (formerly AIG Private Bank) in 2001 as a vice president, and was most recently in charge of the private banking business in Taiwan.

She previously worked at Royal Bank of Canada and HSBC Private Bank.

She will report to James Mok, managing director and branch manager, Falcon Private Bank Hong Kong Branch.

The bank is rebuilding its ranks in Asia after former managing director and head of Asia-Pacific, Alex Jagmetti, left last October, amid a refocussing of the Swiss bank's Asia business on Greater China and a management restructuring. It is not yet confirmed where Jagmetti has gone.

At the time, Eduardo Leemann, Zurich-based chief executive of Falcon Private Bank told WealthBriefingAsia in an emailed statement:"It is our ambition to become a leading Swiss private bank focused on emerging markets. Accordingly, we want to keep our existing footprint in Asia, besides our Middle Eastern offices with a strong focus on Greater China (China, Taiwan and Hong Kong)."

The Swiss boutique was bought by state-backed Abu Dhabi investment company, Aabar Investments. in 2008, from troubled American insurer AIG. Aabar Investments paid around $273 million for the firm and assumed $104.45 million in debt. Falcon Private Bank has branches and representative offices in Geneva, Abu Dhabi, Dubai, Hong Kong and Singapore and assets under management of around $13 billion.