The wealth manager has strengthened its position in Asia with two more senior appointments to its relationship management team in Hong Kong.
RBC Wealth Management appointed Fenny Chan and Angela Chow as directors on its private banking team to support high-net-worth (HNW) and ultra-HNW clients in the region, according to an announcement on Wednesday.
Chan joins RBC after 25 years in senior client roles at HSBC, where she provided wealth solutions across banking, investment advisory and wealth planning. Chow previously worked at Credit Suisse, where she was vice president, relationship manager supporting the wealth management needs of HNW clients. Earlier in her career, she worked at BNP Paribas, LGT and Citibank.
Growing Demand
The pair will focus on working with families in Greater China who have international ties with Canada, the U.S. or the British Isles as a result of business interests, employment, property or education. Both report to executive director Xygent Chan, who joined the firm earlier this year from Bank of Singapore.
«As wealth continues to accumulate rapidly in Asia, RBC Wealth Management is uniquely positioned to support families who have international ties,» Ignatius (Iggy) K.K. Chong, RBC Wealth Management’s head of private banking for Greater China, said.
The bank noted a growing client base and over the past year has made several new private banking hires, including 11 new relationship managers in Hong Kong, to support its ambitions in the region.
