The hires follows ABN AMRO Private Banking’s launch of its Asian discretionary portfolio management service in November 2012, which is aimed at both global and Asian HNWI looking for greater exposure to investment opportunities in the region.

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Commenting on the new hires, Hugues Delcourt, CEO of ABN AMRO Private Banking Asia & Middle East, said: "We are committed to building our operations with specialist talent, in order to provide our growing numbers of clients with the highest quality private banking service available in these markets. Our new colleagues will not only strengthen our existing range of services, but also have the expertise to help us develop new and innovative elements to our overall offering."

The team of seven at Singapore is led by Bert Stegink, and includes Benoit Strappazon, Jos Kleijne, Horst Hagemann, Matt Clark, Pierre Valentin, and Jerry Leng. Previously, Stegink was the head of expatriates and rest of the world clients at ANZ, and is a former ABN AMRO employee. The Singapore-based team will focus on servicing ABN AMRO Private Banking’s international clients segment.

At Hong Kong, Michael Pak, an ex-Goldman Sachs Wealth Management employee has joined the Dutch integrated bank’s Hong Kong-based team as investment counselor, while Alan Lam, joins from Julius Baer as senior portfolio manager equities for Asian discretionary portfolio management.

Additionally, Leong Khin Meng has been appointed as the private bank’s new head of business process improvement, and Paul Jessup has been appointed as vice president within the business development team.

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