ING Private Banking adds to China team

The bank hires Elaine Lai to run its wealth management and onshore private banking business in China.

ING Private Banking has appointed Elaine Lai as general manager, wealth management and onshore private banking China.

The bank says Lai will lead the development of the onshore private banking business in China, and provide wealth management expertise to ING and its affiliates, namely ING Vysya Bank in India, TMB Bank in Thailand and the Bank of Beijing.

Lai will be based in Shanghai and report to Philippe Damas, CEO of retail and private banking Asia and CEO of ING...

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