Albert Lee to head MerrillÆs Taiwan operations

Meanwhile, the private client division that Lee leaves behind is being reorganised with an expanded role for Rahul Malhotra.

Merrill Lynch has appointed Albert Lee as chief executive and chairman of Taiwan, as it sees budding business opportunities in the territory. Lee has been division director of the Global Private Client GPC Asia-Pacific division since 2002.

In this newly created role, Lee will represent the bank on local committees and regulatory as well as policy bodies. He will also play a key role in facilitating cooperation across departments. He remains a member of Merrill LynchÆs Asia-Pacific region executive committee....

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