In line with its growth strategy, VP Bank in Singapore has reinforced its organisational and management structure and created the new function of the «head of client business».

Reto Marx joins the local management of VP Bank Singapore Branch as head of client business, reporting to local CEO Bruno Morel, according to a media release on Wednesday.

Marx, 47, will join VP Bank Singapore Branch at the end of January 2019. He is a Swiss citizen and has over 25 years of experience in the financial sector, including more than 15 years in the Singapore financial centre.

Highly Regarded Financial Professional

Marx's professional positions have led him to Credit Suisse, Bank J. Safra Sarasin (formerly Bank Sarasin-Rabo) and UBS Wealth Management, among others.

In his role as head of client business, he is responsible for the areas of private banking, inter-mediaries and investment advisory & treasury.

«With Reto Marx we have been able to win a highly regarded financial professional with strong experience in private banking, asset management and intermediaries business. He will contribute significantly to the further growth of our location in Singapore as well as to the further development of the activities in the Asian market,» Morel added.