Liechtenstein VP Bank Appoints Chief Risk Officer Asia Retro Marx & CIO Asia Thomas Rupf as Co-CEOs of VP Bank Singapore, Announced Closing of Hong Kong office after Asia CEO (Private Bank) Pamela Phua & Asia COO Heline Lam Resign, Both Joined VP bank 3 Years Ago in 2021 from Pictet Wealth Management
21st August 2024 | Hong Kong
Liechtenstein VP Bank (Global AUM: $53.5 billion) has appointed Chief Risk Officer Asia Reto Marx and CIO Asia Thomas Rupf as Co-CEOs of VP Bank Singapore. Liechtenstein VP Bank has also announced the closing of the Hong Kong office, after Asia CEO (Private Bank) Pamela Phua & Asia COO Heline Lam have both resigned (Both joined VP bank 3 years ago in 2021 from Pictet Wealth Management). Pamela Phua was ex-Pictet Head of Asia Family Office & Celine Lam was ex-Pictet Head of Human Resources Asia. New VP Bank Co-CEO Reto Marx has 25 years of private banking experience including at UBS, Credit Suisse and Bank Sarasin-Rabo, holding senior roles including as APAC Regional Head for Global Financial Intermediaries (GFIM), Head of Southeast Asia & Market Head of International Wealth Management (IWM). Co-CEO Thomas Rupf has been with VP Bank for more than 17 years, holding senior roles including as Head of Investment Advisory & Treasury, CEO and Head of Investment Advisory & Treasury Asia, and Chief Investment Officer Asia. Profile – VP Bank Ltd was established in 1956 and, with around 1,000 employees, is one of the largest banks in Liechtenstein. VP Bank has an international presence, with locations in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and Road Town (British Virgin Islands). Its core competencies include the development of customised financial solutions for intermediaries and private individuals. In addition, the Group has an international fund competence centre. As of 31 December 2023, client assets under manage- ment of VP Bank Group amounted to CHF 46.4 billion. VP Bank is listed on the SIX Swiss Exchange and has an “A-” rating from Standard & Poor’s.
“ Liechtenstein VP Bank Appoints Chief Risk Officer Asia Retro Marx & CIO Asia Thomas Rupf as Co-CEOs of VP Bank Singapore, Announced Closing of Hong Kong office after Asia CEO (Private Bank) Pamela Phua & Asia COO Heline Lam Resign, Both Joined VP bank 3 Years Ago in 2021 from Pictet Wealth Management “
Liechtenstein VP Bank to Close Hong Kong Office after Asia CEO Pamela Phua & Asia COO Heline Lam Resign, Joined VP Bank 3 Years Ago in 2021 from Pictet Wealth Management, Pamela Phua was ex-Pictet Head of Asia Family Office & Celine Lam was ex-Pictet Head of Human Resources Asia
16th August – Liechtenstein VP Bank (Global AUM: $53.5 billion) is closing the Hong Kong office, after Asia CEO (Private Bank) Pamela Phua & Asia COO Heline Lam have both resigned (Both joined VP bank 3 years ago in 2021 from Pictet Wealth Management). Pamela Phua was ex-Pictet Head of Asia Family Office & Celine Lam was ex-Pictet Head of Human Resources Asia. Profile – VP Bank Ltd was established in 1956 and, with around 1,000 employees, is one of the largest banks in Liechtenstein. VP Bank has an international presence, with locations in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and Road Town (British Virgin Islands). Its core competencies include the development of customised financial solutions for intermediaries and private individuals. In addition, the Group has an international fund competence centre. As of 31 December 2023, client assets under manage- ment of VP Bank Group amounted to CHF 46.4 billion. VP Bank is listed on the SIX Swiss Exchange and has an “A-” rating from Standard & Poor’s.
Liechtenstein VP Bank Asia CEO Pamela Phua & Asia COO Heline Lam Resign after 3 Years Since Joining from Pictet in 2021, Pamela Phua was ex-Pictet Head of Asia Family Office & Celine Lam was ex-Pictet Head of Human Resources Asia
16th August – Liechtenstein VP Private Bank Asia CEO Pamela Phua & Asia COO Heline Lam have both resigned after 3 years since joining from Pictet Wealth Management (Private Bank) in 2021. Pamela Phua was ex-Pictet Head of Asia Family Office & Celine Lam was ex-Pictet Head of Human Resources Asia. Profile – VP Bank Ltd was established in 1956 and, with around 1,000 employees, is one of the largest banks in Liechtenstein. VP Bank has an international presence, with locations in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and Road Town (British Virgin Islands). Its core competencies include the development of customised financial solutions for intermediaries and private individuals. In addition, the Group has an international fund competence centre. As of 31 December 2023, client assets under manage- ment of VP Bank Group amounted to CHF 46.4 billion. VP Bank is listed on the SIX Swiss Exchange and has an “A-” rating from Standard & Poor’s.
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