Jul 12, 2013
July 3rd 2013 - The wealth and investment management arm of Barclays today announced the promotion of Carol Chen to overall Market Head of its Greater China business. Previously Market Head of the Greater China desk in Singapore, she will now also oversee the Hong Kong-based team. Currently based in Singapore, she will relocate to Hong Kong on 1 October 2013.
Since joining the organisation in 2011 to establish the Greater China desk in Singapore, Ms. Chen has built up a strong team of bankers and deepened Barclays’ penetration of the high and ultra high net worth across the region. In less than two years, the Greater China desk in Singapore has become a significant contributor towards its North Asia business.
“Carol has been instrumental in growing our Greater China business. While Hong Kong has been a key offshore centre for many Greater China clients, she has established a highly successful desk in Singapore to complement our offering in Hong Kong. She has a deep understanding of the needs of the wealthy across the region, and brings with her the expertise to help clients further grow, manage and pass on their wealth amidst volatile markets and an increasing complex operating environment,” said Didier von Daeniken, Head of Wealth Management, Asia Pacific, Middle East and Africa.
This appointment further reinforces Barclays’ focus on internal promotion as well as grooming of its talent. Currently, a-third of its directors and managing directors are female.
Re-disseminated by The Asian Banker