It also appointed Anny Au Yeung as a relationship manager within its wealth intermediaries business in Hong Kong.
Chau will oversee a team of investment specialists based in Singapore, and she will report to Thomas Fekete, the global head of investment specialists and the interim head of the business in Asia.
The investment specialists team offers bankers a resource in advisory solutions, through adopting a systematic approach to asset allocation and risk management, providing strategic advice in optimising returns and monitoring portfolios, as well as offering expertise across all asset classes.
"The private banking business continues to thrive in Asia, and we are focused on expanding and building capabilities to further enhance our range of services to our clients," says Didier von Daeniken, Asia-Pacific chief executive of Barclays Wealth. ôThis new appointment will strengthen our client servicing and advisory expertise, and ensure that we are well-positioned to take advantage of market opportunities.ö
Chau was most recently senior vice-president, investment advisory at RBS Coutts Bank, responsible for setting up investment advisory services for the bank's private banking joint venture with Bank of China in Beijing and Shanghai. She also spent three years with RBS Coutts in Singapore, where she managed a team of investment advisors.
Prior to that, Chau held senior positions in various financial institutions over a 20-year span across Hong Kong and Singapore.
Over in Hong Kong, Au Yeung will be part of the dedicated team within the offshore financial markets division, which provides a range of banking solutions and services to the funds, investment management, banks and captive insurance sectors and draws on the expertise and capabilities of the wider Barclays Group to meet the needs of clients. She reports to David Stanley, director and head of offshore financial markets.
Au Yeung has close to 10 years of corporate banking experience. Prior to joining Barclays Wealth, she was a senior relationship manager with Australia and New Zealand Banking Group, covering the Hong Kong, Macau and South China markets. Before that, Au Yeung worked for various financial institutions including ICICI Bank, ICBC and International Bank of Asia.
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