Julius Baer & SCB venture obtains licence to tap Thai wealth

SCB Julius Baer, joint venture of Siam Commercial Bank (SCB) and Julius Baer, has received the necessary licences in Thailand for its formal operations, beginning with over 50 professionals.

The joint venture will focus on bringing global wealth management capabilities to clients in the growing Thai wealth management market.

SCB Julius Baer will deliver the most relevant and impactful advice and solutions to the growing high net worth and ultra high net worth clientele in Thailand. It combines SCB's domestic knowledge with Julius Baer's 129 years of pure wealth management expertise and full offering of international wealth management capabilities for Thai clients in Asia. 
 
Over the last few months, concrete steps have been taken and key personnel have been hired with the leadership experience and expertise in Thailand to advise clients regarding their wealth management and wealth planning needs.
 
Jiralawan Tangitvet joins as chief executive officer to lead SCB Julius Baer. A seasoned investment specialist with over two decades of experience, both in the buy- and sell-side in the financial industry, Tangitvet has a track record of helping clients build investment strategies tailored to their financial goals as well as design business plans that accelerate growth and opportunities. Prior to joining SCB Julius Baer, she was most recently managing director at Kasikorn Securities.