His new role as global head of private banking will see him relocate to Paris from Singapore. However, he will retain his position as regional CEO of SGÆs Asian private banking operations.
In other appointments at the firm, Alex Fung has been named as CEO and branch manager of SGÆs Hong Kong branch, with responsibility for marketing in North Asia. Pierre Baer has been named CEO and branch manager of the Singapore branch, with marketing responsibilities for Southeast Asia.
Luke Peng has also been appointed CEO of SG Trust (Asia).
SGÆs private banking operations were established in Asia in 1998 and the bank currently has four booking centres: Hong Kong and Singapore for offshore booking, and onshore in Japan and India.
ôWe have established a very strong foundation in Asia-Pacific,ö says Truche. ôMy job as the global head of the business line is to continue the excellent job done by my predecessor, Pierre Mathe.ö
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