Clariden Leu appoints new co-heads for North Asia

Swiss private bank Clariden Leu is further strengthening its position in the Asian market with the appointment of Raymond Chung and David Louie as co-heads of North Asia, both effective November 2. 

They replace Christopher Burgess, who left recently to head up the newly formed international desk and run the external asset manager business at rival Swiss firm Julius Baer.

The new executives are very well acquainted with the North Asian market and have more than 20 years of experience in the wealth management industry, says Erich Pfister, head of the Middle East and Asia division.

Chung worked for 16 years as a managing director of private wealth management at...