The European-headquartered banking group has named a new CEO for its operations in Hong Kong.

Crédit Agricole Private Banking has appointed Antoine Candiotti as its new chief executive of the Hong Kong branch, taking the helm from Serge Janowski, who left the role last year.

Candiotti reports to Hans Diederen, CEO of Crédit Agricole Private Banking in Asia. He brings an industry track record of almost 30 years of which 12 years spent as CEO of Crédit Agricole Private Banking entities subsequently in Singapore, Hong Kong and in the Americas. The latest move represents a return to his former role because Candiotti, who had been CEO for the bank's  American operations between 2010 and 2014, had previously been CEO in Hong Kong from 2005 to 2010. Prior to that from 2003 to 2005 he was managing director, head of private banking for Asia, in Singapore. He created the branch in the city state and was responsible for relations with the banking authorities and the commercial development of the private banking teams based in Singapore and Hong Kong.

Subject to regulatory approvals, Candiotti will start his new role on 1 March, the bank said in a statement today.

“Antoine is very well positioned to further grow our business in Hong Kong and seize opportunities to strengthen our expansion in the Greater China region. I am deeply convinced that his Asian experience and strong knowledge of high and ultra-high net worth individuals’ needs will be instrumental to accelerate our development and continue to provide our clients with the highest standard of service,” Diederen said in a statement.

The former CEO in Hong Kong, Serge Janowski, joined the bank in 2011; previously, he had been CEO of wealth management in Hong Kong and North Asia at BNP Paribas.