People Moves
BNP Paribas' Wealth Arm Confirms Senior Singapore, Southeast Asia Moves
The French organisation has confirmed a raft of senior moves and appointments in its Singapore and Southeast Asia operations.
BNP Paribas has
announced several wealth management leadership changes in
Singapore and the wider Asia region, with effect from 1
September, this news service can confirm.
The French bank has appointed Garth Bregman head of wealth
management Singapore and Southeast Asia. Based in Singapore,
Bregman, who is head of investment services for
Asia, will report directly to APAC chief executive Arnaud
Tellier and functionally to Joris Dierckx, regional head of
Southeast Asia.
Alison Lim, meanwhile, has been appointed market head for
Southeast Asia. In this expanded role, she will focus on building
BNP Paribas’ market share in the region, and will report to
Bregman. In a memo seen by this news service, BNP Paribas
said an “organisational structure will be proposed accordingly to
achieve these goals.”
The appointments come at a time of continued growth in
Asia-Pacific and other regions for the Paris-listed banking
group, which recently reported its third-quarter
financial results. This news service has also interviewed its
wealth management head, Vincent Lecomte, here.
Moves
In other changes, the bank named David Lim as executive vice
chairman for Southeast Asia. In this newly-created role, Lim is
in charge of supporting growth of strategic clients and family
office relations and “wallet share” in Southeast Asia. Lim will
continue to report to Tellier.
Shafali Sachdev, who has been appointed head of investment
services for Asia, is head of fixed income, currencies, and
commodities (FICC) for Asia, based in Singapore.
Prior to joining BNP Paribas Wealth Management in 2017, Sachdev
served in senior FICC roles in Citigroup and Bank of America
across global markets and wealth management. Sachdev will report
directly to Tellier and functionally to Anne-Cecile Lugagne
Delpon, head of investment services, BNP Paribas Wealth
Management.