Deutsche Private Bank Hires JP Morgan Esther Wong as Group Head of Southeast Asia Wealth Management
22nd November 2022 | Singapore
Deutsche Private Bank has hired JP Morgan Private Bank Esther Wong as Managing Director & Group Head of Southeast Asia Wealth Management. Esther Wong joins Deutsche Bank from JP Morgan after more than 10 years in Private Banking (UHNW), and 5 years at UBS. Deutsche Private Bank: “Esther Wong will focus on further expanding the footprint of the IPB South-East Asia business by delivering the bank’s lending, investing, cash management, one bank solutions (OBS) and inter-generational wealth transfer services to various client segments; including Ultra-High-Net-Worth (UHNW) and Family Office clients.” In October 2022, Deutsche Private Bank had announced major leadership appointments in Asia, hiring Credit Suisse APAC Wealth Management Deputy CEO Jin Yee Young as Deutsche Bank Head of International Private Bank APAC (3rd Jan 2023), with existing Head of International Private Bank (IPB) APAC Lok Yim to focus on his role as Deutsche Bank CEO of Hong Kong (3rd Jan 2023).
” Deutsche Private Bank Hires JP Morgan Esther Wong as Group Head of Southeast Asia Wealth Management “
Anurag Mahesh, Deutsche Bank Vice Chairman & Interim Head, International Private Bank Southeast Asia: “We are pleased to welcome Esther to our IPB team in South-East Asia, a region where we will continue to invest in the very best talent to achieve our ambitious growth targets. This is a key region for IPB APAC and I’m confident Esther’s appointment will drive additional positive momentum.”
Deutsche Bank Head of International Private Bank and CEO of EMEA, Claudio de Sanctis: “We see good reason for stepping up investment in Asia. In particular, growth rates in India and South-East Asia offer very exciting opportunities, and we are delighted that Esther – an experienced and highly regarded private banker, has agreed to join us as we take our business forward.”
Esther Wong, Deutsche Private Bank Group Head of Southeast Asia Wealth Management
Esther Wong – Managing Director & Group Head of Southeast Asia Wealth Management. Esther Wong joins Deutsche Bank from JP Morgan after more than 10 years in Private Banking (UHNW), and 5 years at UBS.
Esther Wong holds a Master’s degree in international affairs specialising in international finance and banking from Columbia University.
Anurag Mahesh, Deutsche Bank Vice Chairman & Interim Head, International Private Bank Southeast Asia:
“We are pleased to welcome Esther to our IPB team in South-East Asia, a region where we will continue to invest in the very best talent to achieve our ambitious growth targets. This is a key region for IPB APAC and I’m confident Esther’s appointment will drive additional positive momentum.”
Deutsche Private Bank Hires Credit Suisse Jin Yee Young as Head of International Private Bank APAC, Lok Yim to Focus on Hong Kong CEO Role
12th October 2022 – Deutsche Private Bank hires Credit Suisse APAC Wealth Management Deputy CEO Jin Yee Young as Deutsche Bank Head of International Private Bank APAC (3rd Jan 2023), with existing Head of International Private Bank (IPB) APAC Lok Yim to focus on his role as Deutsche Bank CEO of Hong Kong (3rd Jan 2023). Jin Yee Young has over 25 years of Private Banking & Wealth Management experience including Credit Suisse, DBS Private Bank & Citibank. At Credit Suisse, Jin Yee Young had held numerous leadership roles including Deputy CEO WM APAC, Head of WM for Singapore, Deputy CEO Singapore & CEO for SymAsia Foundation, Market Group Head for Singapore & Malaysia and South Asia Switzerland, and Indonesia, Taiwan, China, Hong Kong & Japan. Lok Yim, who had led Deutsche Bank as Head of Wealth Management and International Private Bank APAC businesses for 6 years, will focus on his role as Chief Executive Officer of Deutsche Bank HKSAR.
Deutsche Bank Head of International Private Bank APAC Jin Yee Young
Deutsch Bank hires Jin Yee Young as Deutsche Bank Head of International Private Bank APAC (3rd Jan 2023). Jin Yee Young has over 25 years of Private Banking & Wealth Management experience including Credit Suisse, DBS Private Bank & Citibank. Jin Yee Young joins Deutsche Bank from Credit Suisse and had held numerous leadership roles including Deputy CEO WM APAC, Head of WM for Singapore, Deputy CEO Singapore & CEO for SymAsia Foundation, Market Group Head for Singapore & Malaysia and South Asia Switzerland, and Indonesia, Taiwan, China, Hong Kong & Japan.
Deutsche Bank Head of IPB & CEO EMEA, Claudio de Sanctis:
“In Jin Yee Young we have found an outstanding leader to take the IPB in APAC to the next level. Throughout her distinguished career, Jin Yee has proven herself a strong and effective leader. As one of the most well-respected private bankers in Asia, she possesses all the skills and deep market knowledge needed to run our business. Already one of the top Ultra High Net Worth Wealth Management franchises in Asia, coupled with our highly regarded India business, we have strong ambitions to propel our business further into its next phase of growth. Our goal in this dynamic region is to become the leading financial institution for entrepreneurs and their families leveraging the full Deutsche Bank offering. I wish Jin Yee every success.
Lok Yim has been instrumental in developing the bank’s Asia Pacific WM client business and positioning it for continued growth in the years ahead. He has been responsible for transforming Deutsche Bank’s wealth business in the region, working in a strong and productive partnership with all our business and infrastructure partners. As we transition our business to its next stage of growth, we are pleased to continue working closely with Lok in enhancing our contribution to the bank’s broader Hong Kong platform.”
Deutsche Bank APAC CEO & Member of the Management Board Alexander von zur Muehlen:
“Wealth Management continues to be a cornerstone of our offering for clients in the Asia Pacific region, and a critical growth driver for our platform. In Hong Kong, one of our most important hubs globally, the close partnership between our wealth management, investment bank, and corporate bank businesses is a unique advantage in serving the needs of our sophisticated client base. Pulling together the full suite of our product capability across divisions as well as the power of our entire global network for our clients is a particular strength of Lok’s. Under his continued leadership, we are confident that our Hong Kong platform will continue to strengthen and grow.”
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
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