PEOPLE MOVES: Citi, HSBC GAM, DBS Private Bank

Bank bolsters Apac and Emea private client arm, as asset manager names head of UK multi-asset

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Citi

The banking giant has named San San Chan as Asia Pacific and Emea Citigold Private Client (CPC) business head.

She will drive the execution of regional sales and advisory strategies for the CPC segment for the region.

Chan is currently head of wealth management and segments, and acting retail banking head, for Citi Singapore.

The CPC segment caters to customers with $1m (£760,000, €850,000) to $10m in investable assets and is available across 11 markets in Asia.

Also, Citi has named Ashmita Acharya as head of retail banking for Citi Singapore, effective 1 October.

She is currently Asia Pacific and Emea head for segments and responsible for Citi’s client segment strategy in the region covering Citibanking, Citi Priority, Citigold and Citigold Private Client.

HSBC Global Asset Management

Lane Prenevost has joined the firm as global head of discretionary asset management and head of UK multi-asset.

He will start the role on 1 September and will be based in London.

Prenevost was previously global head of wealth investments at HSBC Wealth and Personal Banking.

DBS Private Bank

John Ng has been appointed as the private bank’s head of funds selection and advisory.

He joined DBS Private Bank in 2017 as its head of portfolio counseling and product strategy.

Ng replaces Piere DeGagne, DBS Private Bank’s head of funds selection and advisory, who will be leaving the bank.

He will be heading back to Canada this month for personal and family reasons.

DeGagne has been with DBS for seven years.

Mediolanum International Funds Ltd

The European asset management platform of Mediolanum Banking Group has appointed Patrick McKenna as an equity portfolio manager within its multi-manager team.

McKenna was most recently at UK wealth manager Saunderson House, where he led the company’s manager selection and macroeconomic research on European, Asian and emerging market equities.

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