Bank of Singapore has announced another addition to its Greater China team based in Hong Kong, further affirming its commitment to the region.

Richard Hu, a veteran banker with more than 20 years of experience in the region, has been appointed as the Market Head for Bank of Singapore, Greater China.

His key responsibilities include leading a team of managers to develop and strengthen client relations, as well as grow new capabilities.

Prior Experience

Hu joins Greater China from Avenue Asset Management where he started in 2016. As Managing Director and Founding Partner, he had built up a team from scratch and started a venture capital fund, real estate fund and fixed income fund.

Prior to that, he was the Group Head of the Greater China Market at Julius Baer, and the Business Head of North Asia and Market Head for China as well as Taiwan onshore and Offshore team at HSBC Private Bank.

Key Leadership Positions

He also honed his expertise at Credit Suisse, UBS Wealth Management and Citi Private Bank where he held key leadership positions in the Greater China region.

Just last year, three senior hires with extensive banking experience in the region were announced. Hu’s appointment would further bolster Bank of Singapore’s bench strength in Greater China.

Two Essential Elements

«Richard Hu is definitely an asset to the team in this regard. With his track record and depth of experience built over decades working in the region, he inspires trust and confidence – two essential elements in private banking,» Derrick Tan, CEO of Bank of Singapore Hong Kong Branch, said.

Hu holds a Master of Business Administration and a Bachelor of Science from St. John University in the United States of America.