EFG further strengthens Asia-Pacific management team
Private bank makes several key appointments including chief operating officer, head of human resources and head of independent asset managers
31 May 2019 | The Asset

Private bank EFG is continuing to strengthen its management team in the Asia-Pacific region. In recent weeks, it has taken further steps to implement its growth strategy in the Asia-Pacific, and as part of these measures, EFG has made several high-level appointments. 

Claudia Wong has been appointed as the new private banking Chief Operating Officer, and will report to Richard Straus, head of private banking, Hong Kong. Wong brings to EFG over 20 years of industry experience to the role, including her experience at Bank Julius Baer, Hong Kong, where she most recently served as executive director, front office risk control business management.

Wong has over two decades of financial experience that includes covering areas including operations, risk management, business and sales management, financial planning & budgeting, business strategies, project management and senior management support.

Gerry Cheung has been appointed head of AML and financial crime compliance, Hong Kong, and will report to Connie Hui, head of compliance, Hong Kong. Cheung has accumulated 20 years in the financial industry with strong exposure in the regulatory compliance, litigation and investigations, and client due diligence space as well as the law enforcement area. Before joining EFG, he worked for Standard Chartered Bank, Hong Kong, where he held roles including team head compliance retail banking and head of client due diligence, private banking.

Grace Ma has been appointed as the head of human resources, Hong Kong, and will report locally to Kees Stoute, Chief Executive, Hong Kong. Ma has over 20 years of experience in human resources (HR).

Ma's experience includes different HR functions such as resourcing, talent management, performance management, employee relations and HR consulting. She had spent the last 14 years with HSBC which includes being the head of resourcing and onboarding, Hong Kong, and led the team to deliver hiring and onboarding services for all businesses and functions in HSBC. Ma was most recently senior human resource business partner, retail banking and wealth management, Hong Kong. 

Kelvin Tan has been appointed head of independent asset managers, Hong Kong, and will report to Richard Straus, head of private banking, Hong Kong. Tan has been in the financial industry for over a decade. Before joining EFG, Tan spent eight years at UBS in Singapore and was most recently a client advisor with the financial intermediaries desk.

Raju Pusapati has been appointed as the new head of FX Asia Pacific. Based in Hong Kong, Pusapati will lead the region’s FX team and will have a local reporting line to Ivan Ferraroni, head of global markets Asia Pacific, and a global reporting line to Luca Luisoni, global head of FX & Metals. Pusapati joined EFG from UBS in Singapore, where he has held various roles, including head of FX Structuring Asia, head of FX & rates sales for banks and private banks. Pusapati’s experience includes exposure to institutional, corporate and global family office/UHNW clients.

Sue Pang has been appointed head of operational risk control, and will report locally to Chief Executive Kees Stoute. Pang has over 25 years of experience in the financial industry where she has held various leadership roles in risk management, most recently as the director, head of risk management and compliance & ethics, Asia, for Euroclear Bank.

Over these two decades, Pang has been with international financial institutions in Hong Kong covering the Asia-Pacific mainly in private banking, capital markets and asset management. Her experience includes operational risk management, regulatory compliance, data protection, enterprise risk reporting, information security, physical security, business continuity management and programme management.

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