OCBC’s private banking arm continues to expand its wealth planning unit with the hire of two seasoned veterans for Hong Kong and Singapore.
Christine Wong joins Bank of Singapore as head of wealth planning, Greater China and North Asia, according to a statement.
Based in Hong Kong, Wong reports locally to the branch’s head of Greater China Teresa Lee and functionally to Singapore-based global head of wealth planning Paul Chua.
Wong has 25 years of experience in trust and wealth planning, particularly with families in Greater China and North Asia. Previously, she held various senior wealth planning roles with Edmond de Rothschild, Credit Suisse and HSBC Private Bank where she was its Greater China head of private wealth solutions.
Singapore Wealth Planner
In addition, Guo Jiawen joins as a senior wealth planner based in Singapore and reports to Chua.
Guo has more than a decade of experience in estate and succession planning with ultra-high and high net worth families. She was most recently a wealth planner with UBS in Singapore where she led related initiatives for North Asia.
«Wealthy families in Asia are no longer just focused on creating wealth; they are increasingly looking at succession planning for their businesses and wealth inheritance,» said Lee. «The Covid-19 pandemic has further accelerated this shift, having reminded families of their potential vulnerabilities and the importance of planning with stability and longevity in mind.»
Family Office Business
The new hires are part of broader plans to strengthen Bank of Singapore’s wealth planning offering for clients with a net worth of at least $250 million.
The bank has been undergoing expansion in recent years with the doubling of family offices onboarded on its platform from 2020 to 2021.
It also made other senior hires including ex-UBS wealth planning veteran Chua in June and Carrie Ng for the newly created role of head of family office advisory in March last year.
