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Wealth Management / On The Move
Indosuez hires boost Asia wealth management
Sandy Chen, Mark Chester Ng, Sarah Lee, experienced bankers, portfolio manager
The Asset 30 Nov 2022

Indosuez Wealth Management (Indosuez), the global wealth management brand of Crédit Agricole Group, has hired three experienced wealth management experts, including bankers, following the recent establishment of new market segments, including Southeast Asia and North Asia, that anchor the company’s presence in Asia.

The appointments are Sandy Chen, managing director, senior banker; Mark Chester Ng, executive director, senior banker; and Sarah Lee, director, senior portfolio manager, asset management.

Chen has close to 20 years’ experience in wealth management in the industry. Before joining Indosuez, she was senior vice-president at UOB Private Banking where she managed ultra-high-net-worth (UHNW) clients in Singapore and China. With extensive experience in private wealth allocation and family trust inheritance, Sandy’s clients include well-known entrepreneurs, plus other UHNW individuals.

Ng joins Indosuez with 28 years of banking experience. He spent 13 years at Citibank, where he began his banking career and was with Citibank Private Client before moving into private banking in 2008. Prior to Indosuez, Mark was at J. Safra Sarasin where he expanded the UHNW segment targeted at entrepreneurs, business owners and their families in Southeast Asia.

Both Chen and Ng report to Ong Yeng Fang, global market head, Southeast Asia, who was appointed in September 2022 to lead the Southeast Asia market segment.

Lee, who has close to 18 years of investment experience in the private banking sector, is part of the Asset Management team. Before Indosuez, she was at BNP Paribas Wealth Management, where she led the global equities portfolio with a focus on thematic and sustainable mandates. She also supported in tailormade solutions for multi-asset portfolios and equity portfolios.

“Over the past few years, Indosuez has been increasingly strengthening our team in Asia,” says Omar Shokur, Indosuez’s CEO for Asia and branch manager for Singapore. “We are confident about the long-term growth potential of Asia, and these senior colleagues are major additions to our team, underlining our commitment to enhance the bank’s long-term development.”

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