Swiss Private Bank Julius Baer Hires Credit Suisse Malcolm Tay as Group Head South East Asia, 35 Years of Private Banking & Wealth Management Experience at Citi Private Bank, Merrill Lynch, Deutsche Bank & Credit Suisse
4th March 2024 | Hong Kong
Swiss private bank Julius Baer has hired Credit Suisse Malcolm Tay as Group Head South East Asia (4/3/24), joining from Credit Suisse where he was the Deputy Market Group Head & Market Leader for Indonesia. Malcolm Tay has 35 years of private banking & wealth management experience at Citi Private Bank, Merrill Lynch, Deutsche Bank & Credit Suisse. Malcolm Tay started his career at Citibank in 1989 in the Management Associate Program (Client Relationship Manager to high net worth clients based in Singapore & Malaysia from 1989 to 1997), and in 1997 was appointed as Citi Private Bank Co-Head of Indonesia Onshore Private Bank (1997-2001). In 2001, Malcolm Tay joined Merrill Lynch as Senior Client Partner (Private Bank), and in 2003 joined Deutsche Bank where he last held the role of Group Head of Southeast Asia) before joining Credit Suisse in 2021 as Deputy Market Group Head of Indonesia & Member of Executive Committee APAC. Based in Singapore, Malcolm Tay reports to Yee Chin Lit (Julius Baer Market Head South East Asia). Julius Baer: “Malcolm’s appointment is effective from 4 March 2024. This is a newly created role, and he will be based in Singapore, reporting to Yee Chin Lit, Market Head South East Asia (SEA). The Bank’s franchise in Asia stands at a pivotal growth juncture. Leveraging Malcolm’s extensive experience, established client relationships, and deep market insights, Julius Baer is dedicated to accelerating its expansion and enhancing its service offerings to ultra-high-net-worth individuals in Indonesia and SEA. Malcolm’s appointment is a key step in the Bank’s strategy to consolidate leadership and foster growth throughout SEA.” On Julius Baer’s growth in Asia: “Julius Baer is ranked as the largest pure-play wealth manager in Asia and the second largest bank in Switzerland (by market capitalisation). Known as the Bank’s second home market, a quarter of Julius Baer’s total assets under management and global workforce are based in Asia. Julius Baer has the broadest onshore and offshore footprint in the industry amongst its pure-play peers. The Bank’s strong presence in key markets like Hong Kong, Singapore, Thailand, Japan and China, as well as its Asia Switzerland desk ensures that its clients are covered across Asia and beyond allowing them to seize global investment opportunities and leverage international expertise, and to safeguard their legacies. Demonstrating its commitment to attracting the best talent, the Bank recently welcomed Jason Gan and Mun Joo Ng as Team Heads for South East Asia.” In January 2024, Julius Baer announced the hiring of Credit Suisse Ng Mun Joo as Team Head South East Asia (15/1/24), a private banking veteran with 18 years of private banking experience at Credit Suisse (Senior Team Leader, Singapore Desk) & Citi Private Bank (Head of Strategic Marketing, UHNW Relationship Manager). Based in Singapore, Ng Mun Joo will report to Kevin Tay, who is Julius Baer Group Head of Southeast Asia.
“ Swiss Private Bank Julius Baer Hires Credit Suisse Malcolm Tay as Group Head South East Asia, 35 Years of Private Banking & Wealth Management Experience at Citi Private Bank, Merrill Lynch, Deutsche Bank & Credit Suisse “
Julius Baer Market Head South East Asia, Yee Chin Lit: “We are delighted to have Malcolm join Julius Baer, demonstrating our ability to attract top talent to the industry. His appointment not only reinforces the depth and strength of our leadership bench but also underscores our dedication to Asia as an important second home market for us. Malcolm’s exceptional track record and expertise will be instrumental in driving our growth and enhancing our position in this key region.”
Swiss Private Bank Julius Baer Hires Credit Suisse Ng Mun Joo as Team Head South East Asia, 18 Years of Private Banking Experience at Credit Suisse & Citi Private Bank
11th January 2024 – Swiss private bank Julius Baer has announced the hiring of Credit Suisse Ng Mun Joo as Team Head South East Asia (15/1/24), a private banking veteran with 18 years of private banking experience at Credit Suisse (Senior Team Leader, Singapore Desk) & Citi Private Bank (Head of Strategic Marketing, UHNW Relationship Manager). Based in Singapore, Ng Mun Joo will report to Kevin Tay, who is Julius Baer Group Head of Southeast Asia. Julius Baer: “South East Asia is an important region for Julius Baer’s Asia franchise and we are committed to capturing significant opportunities in the wealth management industry here. We continue to focus on expanding our business and our team by making key strategic hires to drive our growth in this vibrant region. In December 2023, Julius Baer appointed Josephine Wang as Group Head Greater China, Rocky Ma as Team Head Greater China effective 1st January 2024, and hiring of Deutsche Private Bank Andrew Lam as Team Head Greater China (23/11/23). Earlier in September 2023, Julius Baer had hired Standard Chartered Private Bank Jack Wu as Group Head Greater China (14/9/23). Jack Wu has more than 30 years of banking experience including 23 years of private banking experience in Greater China Region at Standard Chartered Bank (China Market Team Lead), HSBC, Credit Suisse & UBS. More info below:
Swiss Private Bank Julius Baer Appoints Josephine Wang as Group Head Greater China & Rocky Ma as Team Head Greater China, Hires Deutsche Private Bank Andrew Lam as Team Head Greater China
13th December 2023 – Swiss private bank Julius Baer has announced the appointment of Josephine Wang as Group Head Greater China, Rocky Ma as Team Head Greater China effective 1st January 2024, and hiring of Deutsche Private Bank Andrew Lam as Team Head Greater China (23/11/23). Earlier in September 2023, Julius Baer had hired Standard Chartered Private Bank Jack Wu as Group Head Greater China (14/9/23). Jack Wu has more than 30 years of banking experience including 23 years of private banking experience in Greater China Region at Standard Chartered Bank (China Market Team Lead), HSBC, Credit Suisse & UBS. Julius Baer: “Julius Baer today announced several key leadership appointments to further strengthen our Greater China business, a strategic priority for the Bank. These appointments will drive growth and ensure the continued delivery of best-in-class services to clients.” More info below:
David Shick, Head Greater China & Branch Manager Hong Kong: “These recent appointments are instrumental in seizing business opportunities within the significant Greater China region. With their wealth management expertise and impressive track record, these leaders will contribute to strengthening our presence in this crucial market. Furthermore, these appointments underscore our dedication to both talent acquisition and in-house people development and to provide best-in-class services to our clients throughout Greater China.”
Swiss Private Bank Julius Baer Appoints Josephine Wang as Group Head Greater China & Rocky Ma as Team Head Greater China, Hires Deutsche Private Bank Andrew Lam as Team Head Greater China
Josephine Wang, Julius Baer Group Head Greater China
Effective 1st January 2024, Josephine Wang has been promoted to Group Head Greater China, focusing on the Mainland China market and will report to David Shick. With over 25 years of experience primarily serving clients in Greater China, Josephine brings a wealth of expertise and a proven track record of success. Her leadership will be instrumental in expanding Julius Baer’s Greater China franchise.
Rocky Ma, Julius Baer Team Head Greater China
Effective 1st January 2024, Rocky Mak takes on a new role as Team Head Greater China. Joining Julius Baer in 2016, Rocky brings more than 10 years of relationship management and investment advisory experience to his new role as Team Head Greater China, . He will report to Edward Chow, Group Head Greater China. His proven ability to coach bankers, develop business, and deliver exceptional client service will be invaluable assets in driving continued growth.
Andrew Lam, Julius Baer Team Head Greater China
Andrew Lam has joined as Team Head Greater China (effective 23 November 2023), reporting to Salina Cheung, Group Head Greater China. Andrew joined Julius Baer with over two decades of experience in the Greater China market. Previously, he held leadership positions at Deutsche Bank and China Construction Bank Asia, demonstrating his deep understanding of the market and lead successful teams.
Julius Baer Hires Standard Chartered Private Bank Jack Wu as Group Head Greater China, 23 Years of Private Banking Experience in Greater China Region at Standard Chartered, HSBC, Credit Suisse & UBS
16th September 2023 – Julius Baer has hired Standard Chartered Private Bank Jack Wu as Group Head Greater China (14/9/23). Jack Wu has more than 30 years of banking experience including 23 years of private banking experience in Greater China Region at Standard Chartered Bank (China Market Team Lead), HSBC, Credit Suisse & UBS. Jack Wu as Julius Baer Group Head Greater China, is based in Hong Kong.
David Shick, Julius Baer Head Greater China & Branch Manager Hong Kong:
“This appointment underscores our unwavering commitment to serving the Greater China region and investing in exceptional talent to fuel our business growth. We recognize the immense potential and opportunities within this dynamic market. Jack, together with our existing Greater China team leaders’ deep market insights and established relationships, will undoubtedly be invaluable in driving our continued success.”
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