HSBC Private Bank Enhances Investment Advisory in Singapore

David Ng, HSBC Private Bank

David Ng, HSBC Private Bank

HSBC Private Bank has appointed a Head of Investment Counselling together with a new Head of Ultra High Net Worth Investment Counselling.

The bank has named Chester Wong as Head of Investment Counselling, and David Ng as Head of Ultra High Net Worth (UHNW) Investment Counselling, the bank said in a statement. Both are newly created roles for the bank which is growing its business and enhancing its product capabilities and platform in the South East Asia region.

Prior to joining HSBC, Chester Wong was Head of Investment Counselling for Philippines and Taiwan at Citi Private Bank (Singapore). He also held key appointments at several global financial institutions including Julius Baer, Merrill Lynch and UBS.

Portfolio Construction and Diversification

As Head of Investment Counselling for South East Asia, Chester Wong, will lead a team of investment counsellors in supporting clients’ wealth management needs in South East Asia. In particular, Chester and his team will work closely with relationship managers to provide advice on investment portfolio construction and diversification.

Wong's appointment will be effective from 5 September 2016, he will report to Kenneth Yeo, Head of Investment Services and Product Solutions Group, South East Asia.

HSBC Private Bank has also recently appointed David Ng as Head of UHNW Investment Counselling. Prior to joining HSBC he was most recently Head of Private Banking in HL Bank Singapore and has held senior markets and investments roles in global financial institutions including UBS Wealth Management, Citigroup Private Bank and Banque Indoseuz Singapore.



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