Gibson Tullberg, the wealth management search firm, has boosted its Singapore office with the hire of Cedric Xiankai Tay from the public relations agency Citigate Dewe Rogerson, this publication can exclusively reveal.

While at Citigate Dewe Rogerson, Tay was involved in investor relations with a number of banks in the region.

In his new role Tay is to specifically focus on driving forward the development of Gibson Tullberg’s activities with Asian banks in Singapore and southeast Asia.

“His [Tay’s] detailed knowledge and extensive background in the region will be of great use as we respond to more specific and detailed client demand,’’ said Jessica Torres, who heads the firm’s Far East practice.

The Asia-Pacific region is of course a top priority for wealth managers both domestic and foreign due to its burgeoning ranks of high net worth individuals, and as such several search firms have made expansionary moves in Asia in recent times to address the heightened demand for talent.