Vontobel Wealth Management Asia Pacific has appointed Michael Haupt as Chief Operating Officer while adding to its advisory services with the newly joined Steven Ng as Investment Advisor

Both appointments are for newly created roles and underscore Vontobel’s commitment to expanding and further strengthening its Wealth Management activities in Hong Kong.

Michael Haupt was responsible for private market investments (Venture Capital, Private Equity, Private Real Estate) in Vontobel’s Private Banking Division in Switzerland. Haupt has extensive experience in direct advisory of UHNWI clients and relationship managers.

The bank believes his relocation to Asia strengthens the expertise of Vontobel’s Wealth Management business in Hong Kong and highlights Vontobel’s desire to continue developing its market presence in Asia.

Steven Ng, who joined as an Investment Advisor, will help to strengthen Vontobel’s established Wealth Management advisory team in Asia Pacific. Steven Ng has many years of experience, including in his previous functions at Robeco Hong Kong and HSBC, where he was responsible for funds and private equity distribution in Hong Kong and Singapore.

Steven Ng will report to Alex Fung, CEO Vontobel Wealth Management Asia Pacific, and will be responsible for supporting the local relationship managers to advise clients on investment outlook, strategies, asset allocation, as well as asset acquisition.

"With their outstanding track record and experience, Michael Haupt and Steven Ng are ideally qualified to support the expansion of our advisory in Asia Pacific while remaining focused on the quality of our client relationships", commented Alex Fung, CEO of Vontobel Wealth Management in Asia.