Swiss private bank EFG International has appointed Amy Yip as the new chair of its Asia Pacific advisory board, replacing Fong Seng Tee.
Tee has been appointed as the CEO of Pictet Wealth Management Asia.
Yip will assume the new role immediately, with responsibility for managing the expansion of the firm’s Asia Pacific operations.
She will work alongside the board of directors and the Asia Pacific executive chairman Albert Chiu to carry out her new task.
Previously, Yip worked in several senior positions at the Hong Kong Monetary Authority for ten years.
Besides, she spent around four years as the CEO of DBS Bank in Hong Kong.
Her four-decade-long financial career also includes stints at American Express, J.P. Morgan, Citibank, Rothschild Asset Management, and RAYS Capital Partners.
At present, she sits on the boards of Fidelity International, Deutsche Boerse, Temenos and American International Group.
EFG International chair John Williamson said: “Established in 2017, the Board provides valuable guidance and expert advice in support of the bank’s growth strategy in Asia Pacific.
“I am confident that with her vast experience and expertise in the industry and the region, Amy is ideally qualified to take on this position and to drive forward our efforts to further develop our business in Asia, with a strong focus on quality of client service and risk management.”
This June, EFG International appointed Angela Bow as the new deputy head of Asia Pacific.