Indosuez Wealth Management is bolstering its Asian business with a slew of new hires in Hong Kong and Singapore to enhance its services and offerings for high net worth clients.
Joining the Singapore team as relationship managers on the non-resident Indian (NRI) team are Surmit Chaturvedi and Poonam Kaur. Alan Mufatti and Sharon Han are also joining the Singapore team.
Helen Lee and Stephen Ho join the Hong Kong team as relationship managers, handling the North Asia market.
“With Asia as one of the powerhouses in wealth creation, we ensure we have the right talent to support our growth strategy, ‘Shaping Indosuez 2020’, and more importantly, the ability to support our clients in our key markets,” Pierre Masclet, chief executive of Indosuez Wealth Management in Asia said in a statement.
Kaur has over 10 years of experience in private banking, including a stint in HSBC Private Bank where she was responsible for ultra-high-net-worth and high-net-worth clients. At Indosuez, Kaur is responsible for growing the firm’s NRI business in the region.
Mufatti on the other hand, has over 25 years of private banking experience and was with Bank J. Safra Sarasin, Singapore, before joining Indosuez Wealth Management. Sharon Han joins from Credit Suisse.
The additions follow Indosuez’s acquisition of CIC’s private wealth business in Hong Kong and Singapore at the end of 2017.
As of December 31, 2017, Indosuez Wealth Management had €118 billion ($138 billion) in assets under management.