The wealth management divisions of UBS and BNP Paribas yesterday unveiled senior appointments in their ultra-high-net-worth ultra-HNW teams, a highly competitive area among service providers.
In a memo, the Swiss bank revealed that Jeremy Tan has joined from Citi Private Bank as a managing director in Singapore to focus on developing its family office business for Southeast Asia. He reports to regional market manager Peter Kok in the city-state and to ultra-HNW head for Southeast Asia Daniel Harel.
Tan is joined by Rennie Lim who has come on board as a director and client adviser, also from Citi Private Bank, and further hires are set to be announced, according to a...