BNP Paribas Wealth Management appointed an additional team leader for non-resident Indians, Singapore and South East Asia. Dhananjai Cadambi joined the company in March and is now based in Singapore, reporting to Stephane Honig, head of Indian markets. Cadambi is responsible for relatonship managers dedicated to NRI clients in the city-state and South East Asia. Prior to this, he led the NRI team at Barclays Wealth before moving to Morgan Stanley, where he held a similar position for three years.
Asiya Investments of Kuwait opened a new office in Hong Kong and named executive directors Sulaiman Alireza and Dan Xystus as its heads. The company currently has 20 staff working out of the new branch.
Credit Agricole revealed that its Asian private banking chief executive Georges Zecchin is leaving the company in June this year to "pursue personal interests." The bank is currently looking for a replacement In the meantime, Youssef Dib, head of private banking in Geneva will supervise the Asian activities, while Serge Janoswki and Sen Sui remain respectively as chief executives of the Hong Kong and Singapore branches.
ANZ named former ABN AMRO senior private banking executive Arjan de Boer as its new head of private banking for North East Asia. De Boer is now based in Hong Kong and oversees the private banking operations in both Hong Kong and Taiwan. He will not assume his new role until 3 June 2013. His old post at ABN AMRO was assumed by Ian Pollock.
Westpac Banking subsidiary Ascalon Capital Managers announced Robert Lance as the new country head for Australia, taking over from Jason Collins who has joined BlackRock to become the head of the institutional client business. Lance was previously the co-founder and chief executive of Hong Kong asset manager Dragonback Capital. He now reports to Chuak Chan, chief executive.