As Singapore asserts its position as a key global wealth management hub, Swiss private bank Union Bancaire Privée (UBP) has hired seven new members for its Singapore branch front office teams as part of its push to strengthen its presence across all Asian markets and deepen its penetration in the ultra-high-net-worth (UHNW) and family office segments. 

Jennie Hananto has joined UBP as market head for Southeast Asia. She will manage a team of bankers and focus on the bank’s ongoing strategy to grow its presence in Southeast Asia markets. Prior to joining the bank, Jennie led a Southeast Asia team at wealth manager EFG’s private banking division and served as the vice-chair of Southeast Asia at Bank J. Safra Sarasin.

Yi Mun Tse takes up a role as market head for Greater China, bringing her experience in managing clients and bankers in the region. Before joining the bank, Yi Mun served as market head of Deutsche Bank’s wealth management business in Greater China, and held a similar position at HSBC’s private banking arm.

Donniel Low has been appointed as team head for Southeast Asia, where he will play a key part in growing the UHNW segment in the region. Before joining the bank, Low worked as an investor in start-ups building on his successful years spent at UOB’s private banking division where he held roles as team head and UHNW senior client adviser.

UBP has hired four senior relationship managers (RMs) – Lim Kean Choon, Valerie Tan, Zen Cheng and Whilton Leo.

Before joining the bank, Lim Kean Choon was managing high-net-worth clients at UOB’s and HSBC’s private banking businesses in Singapore.

Valerie Tan was previously with Bank Pictet & Cie (Asia), Bank of Singapore and Barclays Bank’s wealth and management investment business.

Zen Cheng joins the bank from Goldman Sachs’ global markets division.

Whilton Leo was a relationship manager at EFG in Singapore and also worked at Bank J. Safra Sarasin.

“UBP will continue expanding its capabilities throughout Asia,” the bank says, “by leveraging its ability to provide customized wealth solutions and delivering the high service level expected by its clients in Singapore and in Asia.”