Crédit Agricole unveils Asia leadership changes

The CEO of its private banking arm in Singapore, Roland Feser, is to retire, triggering a run of promotions. It also hires from BNP Paribas Asset Management.
Crédit Agricole unveils Asia leadership changes

The Asian private banking arm of Crédit Agricole (Suisse) has announced a series of leadership changes as it targets growth in the region.

Roland Feser is set to retire in March as chief executive of the firm’s Singapore branch, a role he has held since July 2008.

To succeed him, Crédit Agricole is promoting its Hong Kong-based head of markets and investment solutions in Asia, Sen Sui. He is in the process of transitioning to the city-state.

Sui’s investment role is due to be taken over by Victor Choi, who is being bumped up from head of foreign exchange and precious metals advisory for Asia. Choi takes responsibility for all product teams in Asia, both for advisory and FX.

Meanwhile, Sui’s head of Hong Kong advisory position is being filled by a new hire, Dong Sinh Ngo. He joins from BNP Paribas Asset Management, where he was chief strategist for emerging markets and Asia.

At the Hong Kong branch of Crédit Agricole he will lead a team of investment advisers serving the bank’s high-net-worth clients across asset classes.

In a statement, George Zecchin, chief executive of Crédit Agricole (Suisse), thanked Feser for his contribution to the bank’s development in Asia. He suggests the organisational changes will help to drive its future regional growth.

Geneva headquartered Crédit Agricole (Suisse) bills itself as one of the top five foreign banks in Switzerland by client wealth, total assets and shareholders’ equity.

It has a total of 1,430 employees globally and international private banking businesses in Abu Dhabi, Dubai, Hong Kong and Singapore, among others.

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