RBC Wealth Management appoints Head of Private Banking in Singapore
RBC hires a new Head of Private Banking in Singapore and ads seven relationship management and wealth advisory professionals across Singapore and Hong Kong. The appointments strengthen the firm’s private banking teams as it seeks to expand its regional client base.
RBC Wealth Management Asia has appointed Daniel Soo as managing director and head of private banking in Singapore, while adding seven relationship management and wealth advisory professionals across Singapore and Hong Kong.
The appointments support the firm’s efforts to expand its presence in Asia and serve clients with increasingly international wealth and investment needs, it says in a statement.
Soo brings more than 30 years of experience in wealth management and private banking, including senior roles at UBS, Credit Suisse and Standard Chartered Private Bank. He joined RBC in 2024 as market head and has since expanded the Singapore private banking team and advanced the firm’s regional strategy.
In his new role, Soo will oversee the execution of RBC’s private banking strategy in Singapore, focusing on client acquisition and strengthening relationships across key Asian markets.
The Singapore team additions include Patrick Foo and Jason Yuan, both appointed executive directors, along with executive director Sam Polson, director Audrey Neo and associate director Louisa Wen.
Foo brings more than 25 years of banking and wealth management experience, including leadership roles at Citibank, UBS and Standard Chartered Bank. Yuan has more than two decades of relationship management and wealth advisory experience across Greater China and Southeast Asia, with previous roles at CTBC Bank Singapore, Bank Julius Baer Singapore, UOB Private Bank, Credit Suisse Singapore and Standard Chartered Bank Taiwan.
Polson joins from Barclays Private Bank in Singapore, where he served ultra-high-net-worth individuals and global family offices across Asia-Pacific. Neo brings more than 15 years of experience managing portfolios for high-net-worth and ultra-high-net-worth clients, with previous roles at CTBC Bank Singapore, Bank J. Safra Sarasin, UBS Wealth Management and Citi Private Bank.
Wen joins from Citibank International Personal Banking in Singapore. Her background spans financial services, real estate and luxury goods, including positions at Citibank Singapore, Far East Organization Singapore and Vacheron Constantin in France.
Appointments in Hong Kong
In Hong Kong, RBC has appointed Jackson Huang as director and Malcolm Chai as associate director.
Huang brings more than 25 years of experience advising ultra-high-net-worth clients and family offices across Greater China. He most recently worked at Bank J. Safra Sarasin and previously held positions at DBS Private Bank, Julius Baer and Goldman Sachs.
Chai joins from UBS Hong Kong and has more than 10 years of wealth management experience across Asia, including previous roles at Julius Baer and OCBC Bank.
The appointments expand RBC’s capacity to advise wealthy individuals and families whose assets, investments and business interests span multiple markets and jurisdictions.
RBC said it is the only Canadian bank offering a full suite of wealth management services in Asia. The firm is seeking to combine its global capabilities with regional expertise to provide integrated wealth solutions for clients with increasingly complex financial needs.
