Alex W. K. Fung appointed as CEO of Vontobel Wealth Management in Asia

 

Vontobel has appointed Alex W. K. Fung as CEO of its Private Wealth Management business in Asia. The hiring of Mr Fung, together with seven additional team members, underscores Vontobel’s commitment to the key Asian wealth management market and is in keeping with its expansion strategy in this area.

 

As of 24 June 2014, Alex W. K. Fung assumed responsibility for the private clients business in Asia, and also took over as CEO of Vontobel Wealth Management in Hong Kong, thereby replacing Jing Zhang Brogle. With a strong track record spanning 30 years’ experience in the region, Mr Fung is a proven expert in the Asian wealth management market.

 

Prior to this appointment, Mr Fung was most recently CEO of Société Générale Private Banking for Hong Kong, North Asia and Greater China. Together with his seven team members, Mr Fung will build on Vontobel’s existing expertise in the Asian market. He will be based in Hong Kong and will report directly to Vontobel’s Head of Private Banking, Georg Schubiger.

 

"We are delighted to have Alex and his team joining Vontobel. Together they will strengthen and further expand our wealth management expertise already in place in Hong Kong. This move underlines Vontobel’s commitment to the key Asian wealth management market, and our desire to continue to grow in this area," said Georg Schubiger, commenting on the new hires.

Ms Zhang Brogle, who has successfully established, developed and led the Hong Kong Wealth Management entity in recent years, has decided to focus on new tasks outside Vontobel, but will remain in close cooperation with the company.

 

Mr Schubiger also paid strong tribute to Ms Zhang’s contribution: "With her tireless efforts and excellent expertise, Jing has played a key role in shaping the success of Vontobel Wealth Management in Asia. We would like to thank Jing Zhang Brogle and wish her all the very best for the future."

 

Vontobel, an independent Swiss Bank still owned by its founding family, has been present in Asia since 2008. The bank leverages its financial strength and competences as a global powerhouse with a booking platform in Switzerland to provide wealth management and active advisory services to wealthy individuals in the Asia who seek forward-thinking services of the highest calibre.

 

Contacts

Media Relations:	Reto Giudicetti	+41 (0)58 283 61 63
Investor Relations:	Fabrizio Croce	+41 (0)58 283 51 26