Private Banks

EFG Bank Hong Kong appoints Jessica Ng as Head of Private Banking.

EFG Bank Hong Kong has announced the appointment of Jessica Ng as the new Head of Private Banking Hong Kong, effective immediately

She will succeed Richard Straus, who has decided to retire at the end of March 2022. He will work with Jessica Ng in the coming months to ensure a smooth handover. Jessica Ng will report to Kees Stoute, Chief Executive Officer and Business Head Hong Kong, EFG Bank Hong Kong Branch, and will become a member of the Asia Business Committee.

Jessica Ng is joining EFG from Bank of East Asia (BEA), where she spent 20 years in various senior positions and has served as Head of Private Banking since 2017. Jessica Ng was also instrumental in the development of BEA Private Bank. She holds a Master’s in Business Administration from the City University of Hong Kong and a Bachelor of Arts from the University of Hong Kong.

 

Kees Stoute, Chief Executive Officer and Business Head Hong Kong, stated: “We are delighted to welcome Jessica as our new Head of Private Banking. With her vast knowledge and experience of private banking and her deep understanding of the local markets, Jessica will be a significant addition to our senior management team. In her new role, she will focus on driving the business forward and on further strengthening the bank’s strategic development to deliver long-term, sustainable success.” Kees Stoute added: “We would also like to thank Richard Straus for his valuable contribution over the past few years and we wish him all the best for the future.”