ING hires new CIO for its private banking unit

Hou Wey Fook of Lion Capital Management in Singapore replaces Chew Soon Gek who recently left the firm.

ING Private Banking has appointed Hou Wey Fook as chief investment officer in Asia to fill the vacancy left by Chew Soon GekÆs recent departure from the bank. Hou was previously head of global equities and external fund management at SingaporeÆs Lion Capital Management.

Hou will be based in Singapore and will report to Renato de Guzman, the private bankÆs chief executive in Asia. Functionally he will also report to Gregory Shore, ING Private BankingÆs global CIO.

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