People Moves

RBC Adds Three Greater China Heads To Bolster North Asia Wealth Teams

Tom Burroughes Group Editor 18 September 2014

RBC Adds Three Greater China Heads To Bolster North Asia Wealth Teams

RBC Wealth Management has appointed three Greater China heads based in Hong Kong, bringing the trio from Coutts, Credit Suisse and ANZ.

RBC Wealth Management has appointed three Greater China heads based in Hong Kong, bringing the trio from Coutts, Credit Suisse and ANZ.

Reporting to Michael Yong-Haron, managing director and head, RBC Wealth Management, North Asia, are Iggy Chong, Lorraine Lam and Yi-An Chen, who each lead a team of relationship managers.

The team will focus on Hong Kong, China and Taiwan.

Iggy Chong, managing director, joins RBC WM from Coutts, where he worked for 20 years and held a range of senior positions. Lorraine Lam, executive director, joins from Credit Suisse, and has spent many years covering the ‎China market. Yi-An Chen, executive director, moves from ANZ Hong Kong and has deep local experience and network in Taiwan.

“Today’s announcement further demonstrates RBC Wealth Management's commitment to growing our business in Asia,” Yong-Haron said.

In late August, RBC's wealth arm added a managing director and co-head of brokerage and futures to its Hong Kong office. Joel Goh assumed both roles and joined fellow co-head David Ka. The pair report to Michael Yong-Haron, managing director and head of RBC Wealth Management in North Asia. Goh's role was created as part of "expanded leadership" for brokerage and futures.

In Hong Kong, the firm has expanded its regional management team with the hire of Michael Yong Haron as managing director and head of RBC Wealth Management in North Asia.

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