Pictet sets new strategic roadmap for Wealth Management in Asia
Pictet has announced the appointment of Claude Haberer as the Chairman of Pictet Wealth Management in Asia, Alex Ng as the CEO of Pictet Wealth Management for North Asia and the firm’s Hong Kong branch, Tee Fong-Seng as the new CEO of Pictet Wealth Management Asia, and Sharon Chou as the Deputy CEO of Pictet Wealth Management Asia.
Haberer is currently an equity partner of the Pictet Group and was previously the CEO of Pictet Wealth Management (PWM) Asia, being succeeded in the role by Tee Fong-Seng as Claude takes up the position of Chairman, according to a press release by the company.
Haberer will draw on his wealth of experience and knowledge of the region to support Boris Collardi, the Group’s Managing Partner responsible for PWM Asia. As CEO of PWM Asia, Claude Haberer has skilfully and successfully led the expansion of Pictet’s wealth management business since 2011.
Tee Fong-Seng is joining Pictet from Credit Suisse, where he was the Vice Chairman in Asia for the Swiss bank. He brings with him an in-depth knowledge of the wealth management business across Asia-Pacific. He is to be based in Singapore, and Dominique Jooris, the CEO of PWM South Asia and of Bank Pictet & Cie (Asia) in Singapore, will be reporting to him.
Sharon Chou will be vacating her position as the CEO of PWM North Asia and of Pictet’s Branch in Hong Kong and will report to Tee Fong-Seng as the Deputy CEO of PWM Asia.
Her successor, Alex Ng, joins Pictet from Credit Suisse, where he was the Market Head for China, having worked for the Swiss bank for over a decade. He brings three decades of wealth management experience in the Greater China markets, first with Citi and UBS, then with Credit Suisse. He will be based in Hong Kong, reporting to Tee Fong-Seng.
Tee Fong-Seng is to be joined by Alex Ng, in addition to a team of 18 professionals with Greater China expertise, who will be based in Hong Kong. The acquisitions reflect the setting of Pictet’s new strategic roadmap for Wealth Management in Asia.