EFG Appoints Ex-Credit Suisse APAC Vice-Chairman Tee Fong Seng to Chair Advisory Board for Asia
EFG has appointed Mr Tee Fong Seng to chair EFG’s Advisory Board for Asia, which will be established by end-2017. The new Advisory Board will provide guidance and expert advice to support the bank’s growth strategy in Asia.
” EFG appoints Ex-Credit Suisse APAC Vice-Chairman Tee Fong Seng as Chair of Advisory Board for Asia “
Fong Seng joins from Credit Suisse, where he was the Vice Chairman Private Banking in the Asia Pacific region. From 2013 to 2016, he had served as Chief Executive of Credit Suisse’s Hong Kong Branch and Head of Market Greater China. He was also the chair of the Wealth Management Steering Committee at the Institute of Banking and Finance Singapore (IBF) between 2007 to 2013.
The Board of Directors of EFG International has also decided to nominate Mr Tee Fong Seng for election to its Board of Directors at the AGM to be held on 27 April 2018.
John Williamson, Chairman of EFG International:
“I am delighted that Fong Seng has agreed to stand for election to our Board of Directors and to chair separately our new Advisory Board for Asia. He brings with him extensive experience in the Asian private banking industry, and his nomination underscores the importance of the Asia region for our bank. We are fully committed to further developing our business in Asia, especially in Singapore and Hong Kong, with a strong focus on quality and client service. I am convinced that Fong Seng will make a major contribution to our bank’s future success.”
Mr Tee Fong Seng, Chair of EFG’s Advisory Board for Asia:
“I am honoured to be nominated to join the Board of Directors of EFG International and to chair the bank’s new Advisory Board for Asia. Together with the Board of Directors and the regional management team, I look forward to continuing to build successfully and grow EFG’s business in Asia.”
Source: Official Press Release
About EFG
European Financial Group International (SIX:EFGN) is a multinational Swiss private banking group offering private banking and asset management services. It was formed in 1995 by Jean Pierre Cuoni and Lawrence D. Howell, and five others. The genesis of the bank was by the acquisitions of both the right to operate from the Zurich office of Banque de Deposits and the Swiss operations of the Royal bank of Scotland.
- Origin : Zurich, Switzerland
- Assets : CHF 26.8 billion
- Revenue : CHF 696.7 million
- Employees : 2,600
Official Website: www.efginternational.com
News & Media: Press Release
Updated on 8th August 2016
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