Swiss Private Bank Julius Baer New Asia Leadership Appointments: Yee Kim Tan Appointed as Market Head Greater China Singapore & Singapore Branch Manager, Shui Wei Ho as Market Head Thailand, Japan & Asia Switzerland, Kunal Sumaya as Market Head Global NRI, Chin Lit Yee Remains as Market Head South East Asia & David Shick Remains as Market Head Greater China
22nd November 2023 | Hong Kong
Swiss private bank Julius Baer has announced new Asia leadership appointments (effective 1/1/24) with Yee Kim Tan appointed as Market Head Greater China Singapore & Singapore Branch Manager, Shui Wei Ho as Market Head Thailand, Japan & Asia Switzerland and Kunal Sumaya as Market Head Global NRI (Non-Resident Indians). Chin Lit Yee will remain as Market Head South East Asia and David Shick remains as Market Head Greater China. Julius Baer: “Effective 1 January 2024, these appointments highlight our commitment to talent development, propelling our growth strategy in Asia and Emerging Markets, and affirming our focus on long-term success in these key regions.” In October 2023, Julius Baer had announced new Executive Board appointments in 2024 – Julius Baer CEO Philipp Rickenbacher, COO & Deputy CEO Nic Dreckmann, Head of Asia Jimmy Lee, Head of Emerging Markets Rahul Malhotra, Head of Intermediaries & Family Offices Thomas Frauenlob, Chief Investment Officer Yves Bonzon & Head of Wealth Management Solutions Nicolas de Skowronski. Julius Baer CEO Philipp Rickenbacher: “Creating value for our clients and stakeholders is at the heart of our purpose – it is the key to our success. Our organisational structure and freshly composed leadership team, with its blend of in-house and new talent, will create the momentum and continuity needed to achieve our targets. It is also the optimal structure to fuel Julius Baer’s ability to capitalise on the growth opportunities in the wealth management industry.” See below for all appointments effective 2024:
“ Swiss Private Bank Julius Baer New Asia Leadership Appointments: Yee Kim Tan Appointed as Market Head Greater China Singapore & Singapore Branch Manager, Shui Wei Ho as Market Head Thailand, Japan & Asia Switzerland, Kunal Sumaya as Market Head Global NRI, Chin Lit Yee Remains as Market Head South East Asia & David Shick Remains as Market Head Greater China “
Swiss Private Bank Julius Baer New Asia Leadership Appointments in 2024
Yee Kim TAN, Julius Baer Market Head Greater China Singapore & Singapore Branch Manager
- Yee Kim TAN, currently Singapore Branch Manager as well as Greater China Location Head and Group Head in Singapore, has been promoted to Market Head Greater China Singapore, in addition to his current role as Singapore Branch Manager. He will report to Jimmy LEE, Member of the Executive Board, Julius Baer Group Ltd and Head Asia.
- Yee Kim is a seasoned banker with more than 25 years of industry experience across private banking, asset management, trading and retail banking in various locations including London, Shanghai and Singapore. Before relocating to Singapore in 2023, he was Executive Officer for Bank Julius Baer Hong Kong Branch since 2016.
Shui Wei HO, Julius Baer Market Head Thailand, Japan and Asia Switzerland
- Shui Wei HO who is currently Group Head South East Asia has been promoted to Market Head Thailand, Japan and Asia Switzerland. She will report to Jimmy LEE, Member of the Executive Board, Julius Baer Group Ltd and Head Asia.
- She joined Julius Baer on 1 August 2022 as Group Head South East Asia, and is established banker with over 25 years of experience in the financial industry, spanning investment advisory, sales, portfolio management and wealth management. She has deep management experience in leading teams to provide investment advisory and execution services for wealth management clients. Prior to joining Julius Baer, she was with Bank of Singapore where she was the Market Head for Thailand and Indochina. Prior to that, she was with UBS and the Monetary Authority of Singapore.
Kunal SUMAYA, Julius Baer Market Head Global NRI (Non-Resident Indians)
- Kunal SUMAYA who is currently Group Head Global India and Japan Singapore has been promoted to Market Head Global NRI, and reporting to Rahul MALHOTRA who will assume the role as Member of the Executive Board, Julius Baer Group Ltd and Head Emerging Markets from 1 January 2024. He will cover the NRI markets across Singapore, Dubai and Zurich.
- During his 13-year tenure at Julius Baer, Kunal has been instrumental in the growth of the Global India & Domestic Markets business across its two key business hubs of Singapore and Dubai. His strategic understanding of the business and his ability to connect across levels will prove to be invaluable as he takes on this new role to lead teams globally to support the Bank’s ambitious growth plans.
Chin Lit YEE will remain as Market Head South East Asia and David SHICK will remain as Market Head Greater China.
Swiss Private Bank Julius Baer Announced Executive Board Appointments in 2024, Julius Baer CEO Philipp Rickenbacher, COO Nic Dreckmann, Head of Asia Jimmy Lee, Head of Emerging Markets Rahul Malhotra, Head of Intermediaries & Family Offices Thomas Frauenlob, Chief Investment Officer Yves Bonzon & Head of Wealth Management Solutions Nicolas de Skowronski
11th October 2023 – Swiss private bank Julius Baer has announced new Executive Board appointments in 2024 – Julius Baer CEO Philipp Rickenbacher, COO & Deputy CEO Nic Dreckmann, Head of Asia Jimmy Lee, Head of Emerging Markets Rahul Malhotra, Head of Intermediaries & Family Offices Thomas Frauenlob, Chief Investment Officer Yves Bonzon & Head of Wealth Management Solutions Nicolas de Skowronski. Julius Baer CEO Philipp Rickenbacher: “Creating value for our clients and stakeholders is at the heart of our purpose – it is the key to our success. Our organisational structure and freshly composed leadership team, with its blend of in-house and new talent, will create the momentum and continuity needed to achieve our targets. It is also the optimal structure to fuel Julius Baer’s ability to capitalise on the growth opportunities in the wealth management industry.” See below for all appointments effective 2024:
Changes effective 2024 – Yves Robert-Charrue decided to leave the Group at the beginning of 2024 and will therefore step down from the Executive Board. Beatriz Sanchez will also step down from the Executive Board, reflecting her wish to relinquish operational responsibilities, and assume the strategic role of Chair of Americas at Julius Baer as of January 2024.
CEO Philipp Rickenbacher: “The unrivalled position that Julius Baer enjoys today in Switzerland, Europe, and the Middle East is an outstanding achievement of Yves Robert-Charrue and his teams. A highly esteemed and valued colleague since 2009, I would like to thank Yves for his leadership and loyalty and wish him the very best for his professional and personal future.
Betty Sanchez has been invaluable in re-structuring the Americas business and positioning it for renewed growth. I am immensely grateful for her great contribution and delighted that she will continue to work with us in her new role.”
Swiss Private Bank Julius Baer Announced Executive Board Appointments in 2024
9th October 2023 – As of the beginning of 2024, Julius Baer Group complements its leadership team through a number of in-house promotions and select new hires. The Executive Boards of Julius Baer Group Ltd. and Bank Julius Baer & Co. Ltd. will both consist of the following individuals:
- Philipp Rickenbacher, Chief Executive Officer
- Nic Dreckmann, Chief Operating Officer & Deputy Chief Executive Officer
Regions and clients:
- Sonia Gössi, Switzerland & Europe
- Carlos Recoder Miralles, Americas & Iberia
- Rahul Malhotra, Emerging Markets1
- Jimmy Lee, Asia
- Thomas Frauenlob, Intermediaries & Family Offices
- Sandra Niethen, Client Strategy & Experience
Products and solutions:
- Luigi Vignola, Markets
- Yves Bonzon, Investment & Wealth Management Solutions, Chief Investment Officer
- Nicolas de Skowronski, Investment & Wealth Management Solutions, Wealth Management Solutions
Strategy, stakeholder relations, and corporate functions:
- Evie Kostakis, Chief Financial Officer
- Guido Ruoss, Chief Human Resources Officer & Corporate Affairs
- Oliver Bartholet, Chief Risk Officer
- Christoph Hiestand, Group General Counsel
New Julius Baer Executive Board members
- Sonia Gössi, Switzerland & Europe, will join Julius Baer on 1 January 2024 from UBS, where she was Sector Head Wealth Management Europe International North. She started her career in audit and business consulting and joined UBS in 2004, where she held senior client-facing roles in wealth management as well as various risk control and risk management positions.
- Carlos Recoder Miralles, Americas & Iberia, today Head Western, Northern Europe & Luxembourg at Julius Baer, joined the Group in 2016 from Credit Suisse, where he started his career in private banking in 1997 and last held the role as Head Private Banking Western Europe.
- Rahul Malhotra, Emerging Markets, is currently responsible for Julius Baer’s Global India franchise (onshore and non-resident), Japan, and Asian clients served out of Switzerland and Japan. He joined from J.P. Morgan in 2021. Rahul will be based primarily in Dubai, recognising the financial hub’s central role for these growth markets.
- Thomas Frauenlob, Intermediaries & Family Offices, will join on 1 April 2024 from UBS. He is currently the Head of UBS’s Global Financial Intermediaries Business and was previously in charge of their Swiss Global Family Office and Ultra High Net-Worth franchise. He started at UBS in 2010 as Head Equities Switzerland, following roles in the institutional business of Deutsche Bank and Goldman Sachs.
- Sandra Niethen, Client Strategy & Experience, is currently Chief of Staff and Head of Strategy at Julius Baer, a role she has held since 2020. Her financial services career of over 20 years spans a number of senior positions in private wealth and asset management, in international client-facing, strategy development, and sales management roles at Deutsche Bank and DWS.
- Guido Ruoss, Chief Human Resources Officer & Corporate Affairs, has been Global Head Human Resources at Julius Baer since 2015. Previously he was responsible for business and product management in the Bank’s Investment Solutions division. He joined Julius Baer in 2008, after several years in the asset management and alternative investment industry.
- Christoph Hiestand, Group General Counsel, has been with Julius Baer since 2001 and has held the role of Group General Counsel since 2009. Before joining the Bank, he worked as an attorney- at-law in law firms in Germany and Switzerland.
About Julius Baer
Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. In all we do, we are inspired by our purpose: creating value beyond wealth. At the end of June 2023, assets under management amounted to CHF 441 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss stocks. Julius Baer is present in around 25 countries and over 60 locations. Headquartered in Zurich, we have offices in key locations including Bangkok, Dubai, Dublin, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Madrid, Mexico City, Milan, Monaco, Mumbai, Santiago de Chile, São Paulo, Shanghai, Singapore, Tel Aviv, and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base, and our entrepreneurial management culture make us the international reference in wealth management.
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