Tuesday, 25 June 2024

JP Morgan Private Bank in Hong Kong appoints China market leader

5 min read

JP Morgan Private Bank announced the appointment of Florence Kui as the head of China market in Hong Kong.

Kui will join the firm at the end of May 2024 and will be based in Hong Kong reporting to Harshika Patel, CEO of the Asia Private Bank, and Hong Kong CEO of J.P. Morgan. Kui will succeed Grace Lin, who will retire from her role in mid-2024 after a multi-decade career and eight years with the Asia Private Bank, having made important contributions to the firm and clients.

Kui joins JP Morgan Private Bank as managing director and will be responsible for leading and growing the regional team dedicated to serving the diverse offshore wealth needs of ultra-high-net-worth clients in China. Working closely with the advisory team to deliver tailored solutions for long-term wealth goals, Kui will be focused on building and deepening client relationships.

With nearly three decades of experience in wealth management and financial services, Kui brings extensive expertise to the role. She currently chairs the finance committee of the Private Wealth Management Association in Hong Kong. Prior to joining the firm, Kui led a 25-year career at Goldman Sachs, where she was most recently the chief operating officer of the asset management business. Before that, she was COO and deputy head of North Asia for the private wealth management business. She previously worked at PwC and EY in Hong Kong and Canada.

Patel said: “We are very pleased to welcome Florence to the team. JP Morgan Private Bank remains deeply committed to delivering sophisticated, bespoke offshore services for Chinese clients. Florence’s wealth of experience and deep connections across the region will help us further strengthen our leading position, as well as capabilities for connecting clients to long-term wealth opportunities both in Asia and globally.”

Re-disseminated by The Asian Banker

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