Credit Suisse expands Wealth Planning Services for Greater China market
Credit Suisse has announced the appointment of Tan Mae Shen as Senior Specialist, Family Office Services Asia Pacific as part of the mega bank's expansion of its Wealth Planning Services for Greater China.
Tan is based in Hong Kong and reports to Thomas Ang, Head of Family Office Services Asia Pacific. Tan takes the lead in providing dedicated Family Office Services coverage for Greater China clients, partnering with relationship managers, their clients’ family members and stakeholders, to strengthen UHNW families’ ability to successfully preserve, grow and transfer their legacy across generations and market cycles.
In addition, Tan will also support the broader Wealth Planning Services platform including Philanthropy Advisory and Private Label Funds, working closely with the regional teams to drive enhanced coordination across the different specialist expert teams.
Ms. Tan first joined the Credit Suisse Family Office Services APAC team in 2017 based in Singapore, where she worked with business families across Southeast Asia, Hong Kong, China and Middle East to build family governance and family office solutions. Prior to joining Credit Suisse, she was the Chief Investment Officer of an Asian-American family office, where she established and implemented public and private investments, as well as investments in real estate and in impact investing. She has been working with Family Offices in New York since 1998.
Francois Monnet, Head of Private Banking for North Asia said, “As the Entrepreneurs’ Bank in Asia Pacific, Credit Suisse’s strength is in helping clients whose personal wealth is closely intertwined with their businesses, to navigate throughout all the phases of their private and corporate wealth cycle. As wealth in Greater China continues to grow and mature, the number of clients seeking Credit Suisse’s specialized Family Office Services support has increased significantly in recent years. Having dedicated Wealth Planning Services coverage to fully focus on Greater China reaffirms our commitment to provide best-in-class expertise to our clients in this important market.”
Credit Suisse originally set up its Family Office Services in Asia Pacific in 2010. That was in response to emerging interest from UHNW families who were considered the generational transition of their business and wealth.
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