Based in Taipei, Chao will be responsible for managing and overseeing DeutscheÆs entire private wealth management franchise in Taiwan, which it says has ôa rapidly expanding client base of entrepreneurs and wealthy familiesö. He will report to Hong Kong-based Kenneth Toong, who is head of private wealth management for North Asia.
Toong notes that ChaoÆs experience in Taiwan will be a ôhuge assetö for Deutsche as it continues to build its onshore business here. Indeed, Chao had a similar role at Citi where, according to the release, he was an executive director and...
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