Private Banks

Bank of Singapore Continues to Build Greater China Bench Strength

Richard Hu (胡耀元) has joined the Bank of Singapore as Market Head, Greater China. He will lead a team of relationship managers in developing and strengthening client relationships, as well growing new capabilities.

Hu reports directly to Derrick Tan, Chief Executive of Bank of Singapore Hong Kong Branch and Global Market Head for Greater China and North Asia – a region that is of strategic importance to the bank.

Hu’s appointment bolsters Bank of Singapore’s already impressive bench strength in Greater China. Just last year, three senior hires with extensive banking experience in the region – Market Heads Phonda Chan and Anne Song, and Head of Risk, Jacqueline Lee – were announced.

Hu joins the bank from Avenue Asset Management which he started in 2016. In his role as Managing Director and Founding Partner, he built up a team from scratch and started a venture capital fund, real estate fund and fixed income fund. Prior to that, he was the Group Head of the Greater China Market at Julius Baer, and the Business Head of North Asia & Market Head for China & Taiwan onshore and Offshore team at HSBC Private Bank. He also honed his expertise at Credit Suisse, UBS Wealth Management and Citi Private Bank where he held key leadership positions in the Greater China region.