Indosuez Wealth Management continues to attract Senior bankers to boost presence in Southeast Asia

November 30, 2022

Singapore, 30 November 2022 – Indosuez Wealth Management, the global wealth management brand of Crédit Agricole Group, welcomes 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
  • Sarah Lee, Director, Senior Portfolio Manager, Asset Management

Sandy 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 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 ultra-high net worth individuals. 

Mark 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 ultra-high-net-worth segment targeted at entrepreneurs, business owners and their families in Southeast Asia.

Both Sandy and Mark report to Ong Yeng Fang, Global Market Head, Southeast Asia who was appointed in September 2022 to lead the Southeast Asia market segment. 

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

Commenting on these latest appointments, Omar Shokur, Chief Executive Officer, Asia and Branch Manager, Singapore, Indosuez, said: “Over the past few years, Indosuez has been increasingly strengthening our team in Asia. 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.
"Backed by the assurance and stability that comes with being the wealth management brand of the Crédit Agricole Group, we are confident our clients will benefit from the strong suite of wealth solutions offered by Indosuez.” 

Ong Yeng Fang, Global Market Head, Southeast Asia, said: “With our breadth and depth of wealth management expertise, we are well placed to offer value-added bespoke solutions, which is an important trait of our bank, to clients.” 

 

Press contacts
 

Indosuez Wealth Management
Charmaine Toh, charmaine.toh@ca-indosuez.sg
Melinda Raverdy, melinda.reverdy@ca-indosuez.ch

PR agency – Ruder Finn Asia
Ng Rui Sin, ngrs@RuderFinnAsia.com, +65 9117 7993
Vanessa Teo, teov@RuderFinnAsia.com, +65 9641 1558

 

About Indosuez Wealth Management

Indosuez Wealth Management is the global wealth management brand of Crédit Agricole Group, ranked 10th largest bank in the world based on balance sheet (The Banker 2022). 
Shaped by more than 145 years of experience supporting families and entrepreneurs around the world, Indosuez Wealth Management offers a tailor-made approach that allows our clients to protect and develop their wealth in alignment with their aspirations. Its teams take a comprehensive view and provide expert advice and exceptional service, offering a wide range of services for the management of both personal and business assets. 
Renowned for its international reach combined with a human scale, Indosuez Wealth Management employs nearly 3,000 people in 10 locations around the world, in Europe (Belgium, France, Italy, Luxembourg, Monaco, Spain and Switzerland), Asia-Pacific (Hong Kong SAR, New Caledonia and Singapore) and the Middle East (United Arab Emirates). 
With 135 billion euros in assets under management (as at 31/12/2021), Indosuez Wealth Management is one of the global leaders in wealth management. 
Indosuez has a solid foundation in Asia as a pioneering bank with more than a century old heritage, when Banque de l’Indochine opened its historic offices in Hong Kong SAR and Singapore. From these two locations, branches of CA Indosuez (Switzerland) SA, almost 350 highly specialised wealth managers combine their knowledge of the region with the vast opportunities provided by the global network of Indosuez Wealth Management and the Credit Agricole Group.