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Julius Baer has named Shui Wei HO and Vi Sun YANG as market heads for South East Asia, with effect from 1 July 2025.
They will replace Chin Lit YEE, who is retiring after almost 40 years in the banking sector. YEE has held various leadership roles within the bank’s South East Asia market.
Both HO and YANG will continue to operate out of Singapore and report directly to Jimmy LEE, region head Asia and member of the Global Wealth Management Committee.
As South East Asia market heads, they will spearhead growth initiatives of the firm, strengthen client relationships, and guide teams throughout the region.
HO and YANG, with approximately 30 years of wealth management experience, have been instrumental in expanding the business and enhancing client engagement across Asia.
HO joined Julius Baer as Group Head for South East Asia in August 2022 and subsequently took on the role of market head for Thailand, Japan, and Asia Switzerland in January 2024, a position she will retain.
YANG joined Julius Baer as the group head for South East Asia in July 2022, having previously led the Singapore and Indonesia markets at UBS for 14 years.
LEE said: “We are delighted to have Shui Wei and Vi Sun in dual leadership of our South East Asia franchise. Their leadership, extensive experience, and market insight will be instrumental as we expand our presence in this dynamic region.
“These appointments underscore Julius Baer’s longstanding commitment to Singapore and the broader South East Asian market, crucial to our Asia strategy.”
Last month, Switzerland's Financial Market Supervisory Authority (FINMA) fined Julius Baer over SFr4m ($4.76m) for compliance and anti-money laundering deficiencies related to its management of high-risk clients, according to the Financial Times.
"Julius Baer names new South East Asia market heads" was originally created and published by Private Banker International, a GlobalData owned brand.
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