VP Bank appoints new Head of VP Wealth Management (Hong Kong) Ltd.
In this context, Reto Marx returns to Singapore to assume the role of Chief Risk Officer Asia and Head of Product & Solutions Asia (ad interim), stepping down from his current role as Head of Hong Kong for VP Wealth Management (Hong Kong) Ltd. As the Bank looks to scale its presence in Asia, it is also increasing its resilience by strengthening its risk management bench. In his new role, Reto is responsible for risk management advisory and governance matters, as well as overseeing the Bank's operational risk, legal and compliance functions in Asia. This newly created role will play a pivotal role in sharpening and further enhancing the Bank's value proposition to its clients in Asia.
These key leadership appointments will reinforce our position in the industry and demonstrate our unwavering commitment to sustainable growth and success in the Asia region.
Pamela Hsu Phua Chief Executive Officer VP Bank Asia
Both of the above-mentioned roles are effective from 1 April 2024 and will continue to report to Pamela Phua, Chief Executive Officer Asia.
“As the region continues to attract inbound wealth, both from our financial intermediaries and private clients, we must strategically align our business to meet evolving client needs, maintain our service excellence and remain relevant. These key leadership appointments will reinforce our position in the industry and demonstrate our unwavering commitment to sustainable growth and success in the Asia region.” said Pamela Phua.