Howden has appointed Alaric Lee as chief executive officer for Hong Kong, succeeding Alfred Sham, who will relocate to Singapore as chief strategy officer for Asia, the global insurance intermediary group said. The Howden Hong Kong CEO appointment remains subject to regulatory approval. Lee currently serves as chief commercial officer for Asia and brings extensive industry experience including more than a decade working in Hong Kong’s insurance sector. Sham led Howden’s Hong

Singapore will reappoint Deputy Prime Minister Gan Kim Yong as chairman of the Monetary Authority of Singapore for another three-year term from June 1, reinforcing continuity at the city-state’s central bank and financial regulator. The MAS chairman reappointment announcement also confirmed that managing director Chia Der Jiun will continue as a board member for a further two years. Attorney-General Lucien Wong will also serve another three-year term, while Chaly Mah, chairma

LGT has appointed Anchalee Bunsongsikul as chief executive officer of LGT Securities (Thailand) Ltd, effective May 15, as the Liechtenstein-based private bank deepens its LGT Thailand wealth management presence in one of Southeast Asia’s fastest-growing affluent markets. Bunsongsikul brings more than three decades of experience in international banking and was most recently president and chief executive officer for Thailand and representative offices at Standard Chartered Ban

Bank of Korea Governor Shin Hyun-song has been elected to the Bank for International Settlements’ 18-member board, Seoul’s central bank said. The South Korea BIS board appointment gives Shin a three-year term and allows South Korea to maintain a seat on the BIS board since 2019. The board sets the policy direction of the Switzerland-based institution, which comprises 63 central banks, and supervises its management. South Korea joined the BIS in 1997. The BOK said Shin’s elect

The Hong Kong Monetary Authority has reassigned five executive director roles in a lateral reshuffle aimed at grooming its next generation of leaders, Bloomberg and local media reported. The HKMA leadership reshuffle will see Kenneth Hui, currently executive director for external affairs, move to banking conduct, while Archie Ng, executive director for corporate services, will take over monetary management. Alan Au, now executive director for banking conduct, will become exec

UBS has announced a series of senior appointments within its Southeast Asia wealth management division as the Swiss bank strengthens advisory capabilities in Singapore and the wider region. The UBS Southeast Asia reshuffle includes Vivian Li moving into a senior client adviser role within global family and institutional wealth for Singapore. Shane Huang will become advisory and sales head of premium advisory specialists for Southeast Asia from May 18, while Cheng Chi Li takes

Hong Kong corporate banking leadership is being reshaped as Citi and UOB appoint new heads to strengthen client coverage in the financial hub. Citi named Anita Li as head of corporate banking for Hong Kong, effective July 2026. She joins from Standard Chartered, where she led investor coverage across Greater China and North Asia. Separately, UOB appointed Cliff Law as head of corporate banking in Hong Kong, effective immediately, succeeding Anthony Tse. Law brings over 20 yea

Southeast Asia private banking expansion is accelerating as Lombard Odier appoints Edwin Tan as market head for the region, effective July 13, 2026, as the Swiss private bank strengthens its regional leadership. Based in Singapore, Tan will report to Asia private clients head Omar Shokur and will be responsible for launching and leading a new Southeast Asia team, including hiring relationship managers and specialists to serve clients across key markets. Tan joins from DBS, wh

Family office advisory demand is rising as Bank of Singapore strengthens its leadership team to support ultra-high-net-worth clients facing increasingly complex wealth planning needs. The OCBC private banking arm said its family office advisory team recorded its highest number of global client engagements in 2025, with further growth expected. The bank appointed Elvin Ho as head of family office and structuring solutions, alongside new senior roles across Singapore, Hong Kong

Asia investment banking activity remains resilient as Citigroup plans to add senior bankers in Japan and China to strengthen its regional deal pipeline. The hiring push follows a global restructuring and reflects continued demand for cross-border mergers and acquisitions despite geopolitical uncertainty. Citi said Japan offers strong opportunities as governance reforms, restructuring and activism drive deal activity, while in China the bank is targeting high-growth sectors as

Praxis Asia leadership expansion highlights its growing focus on family office and cross-border wealth structuring, with new senior appointments in Hong Kong. The firm named Tom Zierer as Senior Executive Director and promoted Cindy Cheng to Regional Head of Growth and Business Development for Asia. Zierer, who relocated from Guernsey to Hong Kong in 2025, will lead a 14-member multilingual team serving international clients, while Cheng will oversee regional expansion and in

Ba Shusong Hong Kong developments have drawn attention after the former Hong Kong Exchanges and Clearing managing director and chief China economist disappeared from public view, according to sources familiar with the matter. Mainland media speculated he had been detained for investigation, though no official confirmation was available. HKEX said Ba was no longer employed by the exchange operator and had left his part-time adviser role in late 2025. Ba, who frequently spoke o

Singapore family office talent risks are increasing as opaque pay structures and weak benchmarking make it harder to retain professionals in areas such as technology, AI and cybersecurity, according to a report by 101 finance. The report said Singapore’s family-controlled corporate landscape and lack of specific shareholder inspection rights helped sustain opaque pay practices, while firms were more vulnerable to poaching as employees compared compensation with more transpare

Hong Kong wealth legacy academy board appointments have expanded as the institution added four new members from real estate, education, investment and hospitality. The academy named Sino Group chairman Daryl Ng Win Kong and YK Pao School co-founder Philip Sohmen as vice chairmen, while Chartwell Capital founder Ronald Chan Wai-yan and Dorsett Hospitality International chair Winnie Chiu Wing-kwan joined as board members. Chairman Adrian Cheng said the appointments would deepen

SMBC Philippines corporate banking head appointment sees Maria Angelica Balangue take leadership of the unit, subject to regulatory approval. Based in Manila, she will report to country head Hiroyasu Kanda and Asia Pacific corporate banking head Joyce Tee. Balangue joins from BDO Unibank and has more than 20 years of experience across corporate banking and capital markets. The SMBC Philippines corporate banking head move supports the bank’s expansion strategy in a growing Sou

FNZ APAC leadership appointment sees Peter Hiom named group head of Asia Pacific while retaining his role as group head of markets at the wealth technology platform. In the expanded position, Hiom will oversee strategy, growth and client delivery across the region. FNZ said the appointment forms part of a broader leadership reshuffle alongside Anthony Habis as group head of North America and Alasdair Munro as chief communications officer. The FNZ APAC leadership appointment s

Standard Chartered digital assets Asia strategy is expanding with the appointment of Karby Leggett as head of digital assets for Greater China, North Asia, South Asia and ASEAN. Leggett will join the bank’s Digital Assets Centre of Excellence while continuing as global head of the official institutions group under the research division. The bank said the appointment reflects growing institutional interest in tokenised finance, stablecoins and digital‑asset ecosystems. Standar

WRISE Taiwan family wealth expansion is under way as the Singapore-based firm opens a new client service centre in Taipei to deepen coverage of a market where UHNW assets are expected to reach USD1.9tr by 2029. The WRISE Taiwan family wealth expansion will see the Xinyi District centre offer advisory and consultation services and host education and engagement programmes focused on intergenerational planning and next-generation dialogue. Group Executive Chairman Derrick Tan sa

Bank of Singapore has hired an alternatives specialist to strengthen its ultra-high-net-worth offering as demand for customised products rises across Asia’s private wealth market. The OCBC-backed private bank appointed Bernard Heng as head of customised solutions, effective March 2, according to a statement. Heng will report to Lim Leong Guan, global head of the investment solutions group, and will lead the development and execution of complex products tailored to UHNW client

UBS Hong Kong wealth hiring plans include about 50 new bankers for its wealth business after its North Asia franchise posted record revenue last year, with recruitment focused on high net-worth clients as the bank looks to broaden beyond its recent emphasis on billionaires, Asia-Pacific wealth co-head Amy Lo said. UBS brought in USD62.5bn of net new assets in Asia in 2025, helped by Hong Kong’s active IPO market and so-called win-back flows after the integration of Credit Sui