Private Banks

Pictet recruits Julius Baer’s highly regarded Asia talent

Pictet is hiring Pamela Hsu Phua from Julius Baer, and appointing her as head of it's new Asia family office unit

She will report to Asia Pacific head Claude Haberer. Phua served as managing director of intermediaries at the Julius Baer office in Hong Kong. Luring away the highly regarded Phua is apparently just part of of Pictet's wide-ranging ambitions for its growth in Asia Pacific markets. Pictet had earlier made a bold move in the Middle East, where it poached an 18-strong team away from Julius Baer in December.