As Wells Fargo's senior person in Asia, Lawrence will provide all of Wells Fargo's business services in the region, building relationships with local business communities, and representing Wells Fargo to bank regulators and government officials. He will provide continued strategic leadership for the Asia branches and oversee the management of Wells Fargo's business relationships there with United States and non-US businesses and financial institutions.
"Cliff brings outstanding expertise to our growing business in Asia," says David Zuercher, executive vice president of Wells Fargo's International Group. "His extensive credit and financing knowledge, coupled with his domestic and international expertise, further strengthens our position in the Asia market."
Based in Hong Kong, Lawrence will lead the company's operations in Asia. With a master's degree in international relations, Lawrence worked early in his career as an International Examiner for the Board of Governors of the Federal Reserve. He has several years of experience working in the international division of Wells Fargo, where he developed the credit policy group and served as loan supervisor for the Europe, Middle East and Africa division, the Latin America division and the Asia-Pacific division.
In Asia he oversaw the credit growth of branches, representative offices and affiliates in Japan, Korea, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, the Philippines, Australia, and India. More recently, Lawrence has held various positions within the bank's wholesale banking group in San Francisco, Palo Alto and Washington state.
Wells Fargo has $482 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,000 stores and the internet across North America and internationally.