RBS continues to build its team in Asia

The bank hires a new country executive in Vietnam and more analysts in Hong Kong.
The Royal Bank of Scotland (RBS) announced several appointments on Monday, ranging from a country executive in Vietnam to analyst hires in Hong Kong.

RBS has appointed Steve Chen as country executive of Vietnam, which means he will be responsible for the RBS group's franchise in the communist country.

Most recently Chen was with Standard Chartered where he was head of wholesale banking for Vietnam, Laos and Cambodia. Prior to his arrival in Vietnam, Chen held various roles, including deputy head of client relationships for Standard Chartered Bank Malaysia, commercial banking manager for HSBC Malaysia, branch manager for Hong Leong Bank in Penang, Malaysia, and head of the credit and marketing for OCBC Bank Malaysia in Penang.

Chen succeeds Lindsey Haman who will assist with the integration process until the end of 2008 when he will move back to Malaysia.

Additionally, RBS has recently hired two analysts for its Asian equity research team.

David Ng has joined as the regional property team leader and lead China/Hong Kong property analyst. Over the last two years, Ng has worked as a director at UBS covering China properties. Prior to that, he was at Morgan Stanley focusing on Hong Kong conglomerates.

The bank has also hired Wendy Huang as the analyst covering the China gaming and internet sectors. She previously worked for Bear Stearns as a senior analyst covering the Asian internet sector. Prior to that, she covered China internet and media stocks for Evolutions Securities from January 2006, after she moved from online gaming company The9 Ltd where she worked for two years in various capacities, including investor relations.
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