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Top China-Focused Private Banker Departs BNP Paribas

Tom Burroughes

15 August 2018

The China market head at BNP Paribas Wealth Management has left the firm, this publication can confirm. 

Alfred Tsai has held the role since October 2011; from July 2009, he served as the managing director, senior advisor at Julius Baer Bank. He has more than 20 years of financial services expertise with companies such as UBS, Citibank, American Express and National Westminster Bank. He started out his banking career at Citibank Hong Kong in 1982.

Questioned by this news service about his departure, the wealth management firm, part of Paris-listed , declined to comment, but it added: “We would like to reiterate our business plans and commitment to invest in the China Market, the Greater China and APAC region remain intact.”

Tsai has also been an independent non-executive director of Impro (China) Limited since June 2011. During the period from 1997 to 1999, he was the Executive Committee member of Hong Kong Financial Markets Association advising Central Bank of China on foreign exchange matters, according to a public profile on Bloomberg.