WealthBriefingAsia rounds up all the movers and shakers in Asia wealth management over the last month. 

HSBC Private Wealth Solutions named Chris Marquis as managing director of its Hong Kong operations and Gareth Morgan and Mike Buhre as global chief risk officer and global chief financial officer, respectively.

Deutsche Bank Private Wealth Management hired Farooq Choudhury as director and head of non-resident Indian Middle East, Shampi Chopra as director and senior relationship manager for global South Asia and the Middle East, and Rajesh Mahadevan as director and head of investment advisory, global South Asia and the Middle East. Omar Farooq joined as director and senior relationship manager for global South Asia and Pakistan.

Standard Chartered Private Bank appointed Sandeep Das, previously general manager for premium and consumer banking at Standard Chartered India, as head of private banking for India. Based in Mumbai, he reports to Stephen Richard Evans, head of the private bank, Europe Middle East and Africa, India and the Americas, and to Sanjeeb Chaudhuri, regional head, South Asia and Group Chief Marketing Officer for Consumer Banking. He took over from Soumya Rajan, who left in March 2011. 

Serge Janowski, the chief executive officer and head of wealth management of the Hong Kong division of French bank BNP Paribas, resigned after half a year. Mignonne Cheng, chairman and CEO of BNP Paribas Weath Management Asia Pacific and his former boss, took over his responsibilities in the interim until a replacement is found.

HSBC appointed Simon Williams as group head of wealth management effective 11 July. Williams joined from Camelot Financial Capital Management. He reports to Paul Thurston, chief executive of retail banking and wealth management.

Deutsche Bank hired Chris Selby as the head of private wealth management in Australia. Selby came from Bank of America Merrill Lynch where he was head of wealth management for Australia and New Zealand. He took over from Steven Skala, who was acting head of wealth management for almost a year and a half. Skala remains involved in the business as vice chairman of the bank in Australia.

Italian-owned Pioneer Investments shifted its investment activities from Singapore to London. Singapore is currently being groomed as its primary sales hub for Asia.

Merrill Lynch managing director Jay O'Neil was named head of Macquarie Private Bank's Australian operations. 

JP Morgan’s private wealth management arm raided DBS Private Bank for four senior private bankers including North Asia Chief Edwin Lim, named managing director, market manager for Greater China based in Hong Kong. Gabriel Chan was also named managing director in Singapore to lead PWM Greater China bankers. He was previously the team head for China/North Asia markets. Patrice Huang joined as vice president in Hong Kong from DBS, where she was team head for the PRC and Taiwan markets. Eric Goh joined as executive director and investor team leader for PWM in Singapore. He used to be the head of the investment advisory group and regional head of investment consultants at BNP Paribas Wealth Management.

Veteran private banker Lionel Kwok joined HSBC Private Bank as head of investment counseling, Asia, after only a year in his previous role at Standard Chartered Private Bank. He will be based in Hong Kong and will oversee the investment counseling team.

Ascalon Capital Managers, the fund manager owned by WestPac, hired Chuak Chan to lead its newly-established Asian operations. Chan previously served as chief operating officer at Segantii Capital Management.

Singaporean wealth management consultancy Tria Investment Partners moved its representative office to Hong Kong from Singapore in a bid to capture a wider share of the Chinese wealth management market.

PIMCO Australia appointed Eric Frerer as executive vice president and account manager. He will work with John Wilson, head of PIMCO Australia, Ben Kelly, the account manager, and Matthew McLenaghan. He was previously the global head of institutional fixed income distribution for ANZ’s global markets division.

HSBC India recruited Srikanth Srinivasamadhavan as head of marketing for HSBC India, joining from Hindustan Unilever, where he most recently held the role of head of media services, South Asia. He reports to Gannesh Bharadhwaj, head of retail banking and wealth management, HSBC India, and replaced Maitri Kumar, who returns to the US.

Gottex, the independent global alternative asset management group, relocated its co-founder, Max Gottschalk, to Hong Kong to help grow the company’s business in Asia Pacific.

Nicholas Tan left his position as head of global wealth management at OCBC Tan is understood to be planning to increase his involvement with Singapore Management University, having been teaching there for the past two years as an adjunct staff member. Tan was with OCBC for six years.

Schroders hired Rajeev De Mello as head of Asian fixed income. De Mello takes over from How Phuang-Goh, who retired after 17 years at the firm. He was previously the country head of Singapore and senior investment officer for Western Ass.

Barclays’s private banking unit in India announced plans to expand headcount by up to 25 per cent this year, its India wealth unit chief executive Satya Bansal said.The bank expects its business to expand by a third over the next three years.

Pictet Asset Management hired Lawrence Tse to lead its retail and wholesale distribution operations in Asia. Tse was previously the chief marketing officer at Allianz Global Investors in Hong Kong.

BNY Mellon Asset Management hired Alan Harden as chief executive of Asia-Pacific. Harden was previously the Asia-Pacific chief executive for ING Investment Management.

BSI Bank, the Swiss private wealth manager, established a new North Asia team in Singapore. The group is led by Ng Tse Meng as managing director. Ng joined from Credit Suisse.

FNZ, the wealth management technology developer, appointed Martin Jennings as chief operations officer for Australia and New Zealand. Jennings relocated to the Sydney office from London and reports to Adrian Durham, the group chief executive.

Citi Private Bank hired three investment counselors to its investment advisory and sales unit in Singapore. Goh Kwang Meng joined as a director from HSBC Private Bank in Singapore. Goh Siew Leng, joined as a director from Credit Suisse Private Bank in Singapore. Frances Lim joined as a vice president and was also latterly at Credit Suisse Private Bank in Singapore. All three report to Manav Abrol, South Asia head of investment advisory and sales.

The Halberg Trust, the New Zealand-based charity group, has announced two senior hires to its fundraising and events unit. Grant McCabe was appointed as a manager, with responsibilities including the management of the Westpac Halberg Awards, and Elissa Downey was appointed communications and marketing manager. McCabe takes over from Julie Ryan.

HLB Mann Judd, Australian financial advisory firm, grew its wealth management division with the recent takeover of boutique planner Howard Financial Partners. The acquisition brings HLB's wealth staff numbers from six to 11, with Howard Financial Planners principal Howard Jacob taking the lead as director of the newly merged entity.

Standard Chartered hired Sanjeeb Chaudhuri as the new regional head of South Asia for consumer banking, a division that covers the firm's wealth management business. Chaudhuri, who took over from Vishu Ramachandran, was previously the chief executive of retail and commercial banking for Central and Eastern Europe, West Asia, and Africa at Citibank. Ramachandran maintains his duties as regional head for the Middle East, Pakistan, and Africa and took the role of chief marketing officer. 

UBS Wealth Management hired a five-strong team in Asia from US rival Morgan Stanley. Peter Tung and Harry Pang joined as managing directors reporting to Amy Lo, head of ultra high net worth business in Asia Pacific. They bring with them three assistants. The US bank replaced Tung internally with Nick Chan, a managing director who starts soon as sales manager for Taiwan.

The Industrial and Commercial Bank of China Asia launched a new branch in Hong Kong aimed at affluent customers in the region, the bank's fourth new branch in six months. The new office in Hong Kong's Quarry Bay features a so-called Elite Club Wealth Management Centre.

HSBC Private Bank bolstered its international trust and fiduciary unit with three senior internal appointments. Chris Marquis was promoted to managing director of private wealth solutions, Hong Kong, after several years working in the PWS divisions in Europe and Asia. Gareth Morgan became global chief risk offer, PWS, while Mike Buhre is now global chief financial officer for PWS.

Selby Jennings, the London-based recruitment firm with a wealth and private banking business, is launched a Singapore office. Business out of Asia has grown by 68 per cent over the last three years, said the firm.

Bank Julius Baer added two industry specialists. Mark Matthews was recruited last month as head of research for Asia, from Maquarie Bank where he was Asia strategist. Dr Lee Boon Keng was promoted to sole head of the investment solutions group in Singapore. He was previously co-head of the division. Matthews reports directly to Dr Lee and is also based in Singapore. 

Deutsche Bank Thailand chief country officer Manfred Schmoelz resigned. Schmoelz will likely join Royal Bank of Scotland for a similar lead role in Singapore. He has been on gardening leave from Deutsche Bank for the last two and a half months.

HSBC Private Bank hired Sammy Shroff from JP Morgan as head of FX and precious metals in Hong Kong. Shroff was previously the executive director of JP Morgan's private banking business in Asia.

Citigroup appointed a new country head for Indonesia. Tigor Siahaan took over from Shariq Mukhtar, who will be moving to Singapore for a new position.

Kirby Daley, a veteran strategist at the Asia business of broker Newedge was poached by a family office as co-chief investment officer. He will join a family office outside of the region.