J.P. Morgan Private Bank has appointed Florence Kui as its head of China market in Hong Kong, reporting to Harshika Patel, the bank’s CEO for Asia and Hong Kong.

Kui, who will join the firm at the end of May and be based in Hong Kong, will succeed Grace Lin, who will retire from her role in mid-2024 after a multi-decade career and eight years with the bank.

Joining the bank as a managing director, Kui will be responsible for leading and growing the regional team dedicated to serving the diverse offshore wealth needs of ultra-high-net-worth clients in China. Working closely with the advisory team to deliver tailored solutions for long-term wealth goals, she will be focused on building and deepening client relationships.

With nearly three decades of experience in wealth management and financial services, Kui brings extensive expertise to the role. She currently chairs the finance committee of the Private Wealth Management Association in Hong Kong.

Prior to joining the firm, she had a 25-year career at Goldman Sachs, where she was most recently the COO of its asset management business. Before that, she was COO and deputy head of North Asia for its private wealth management business. She previously worked at PwC and EY in Hong Kong and Canada.

Patel shares: “Kui’s wealth of experience and deep connections across the region will help us further strengthen our leading position, as well as capabilities for connecting clients to long-term wealth opportunities both in Asia and globally.”