Goldman Sachs, the US bank, has bolstered its Asian wealth management business with the hire of a new executive director, according to media reports.

Sandy Lim was previously a director at the private banking team of UBS and in her new role will be covering South East Asian markets. Goldman Sachs has yet to comment on her hire.

The appointment comes shortly after Simon Martyn joined from Deutsche Bank as executive director based in Hong Kong. 

Goldman Sachs Private Wealth Management Asia offers investment advisory services, trading and structuring solutions, banking services and institutional wealth management for high net worth individuals, their families, family offices and foundations. It has operations in Beijing, Hong Kong, Shanghai and Singapore.