Indosuez Shifts Advisory Leadership From Geneva to Singapore
Indosuez Wealth Management is relocating a senior global advisory executive from Geneva to Singapore and has appointed a new head of discretionary portfolio management for Asia.
Indosuez Wealth Management is strengthening its Asian franchise with a strategic relocation from Switzerland and a senior investment management hire in Singapore.
The private banking arm of Crédit Agricole has announced that Muriel Aboud Schirmann, currently Head of Advisory and Capital Markets in Switzerland, will relocate from Geneva to Singapore from August. The move effectively places the leadership of the bank’s Advisory Solutions and Capital Markets activities closer to one of the world’s fastest-growing wealth hubs.
According to the bank, the decision reflects the rapid expansion of wealth in Asia and increasing demand for sophisticated cross-border advisory services among high-net-worth and ultra-high-net-worth clients.
Strengthening investment capabilities
Alongside the relocation, Indosuez has appointed Louis Shen as Head of Discretionary Portfolio Management (DPM) for Asia. He joins from Nomura, where he led the DPM business, and will be responsible for expanding the bank’s discretionary investment offering across the region.
The appointment comes as wealthy Asian clients increasingly seek institutional-style portfolio construction, active risk management and access to private markets.
Laurent Proutière, CEO Asia at Indosuez Wealth Management, described the moves as a significant milestone in the bank’s regional ambitions, adding that clients would benefit from closer access to advisory expertise, discretionary solutions and private market opportunities.
The latest appointments reinforce Singapore’s growing role as a decision-making centre for international private banks seeking to capture Asia’s ongoing wealth creation boom.
