Bank Julius Baer appoints David Shick as head of Private Banking Greater China with immediate effect. Based in Hong Kong, he will be responsible for expanding the bank’s business presence and client base across Greater China.
Shick will report to Jimmy Lee, head of Asia Pacific at Bank Julius Baer. He joins Julius Baer with more than 25 years of experience in the financial industry and has a broad base of professional and management expertise.
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"David’s appointment underscores the importance of Greater China to the bank and our reputation as an employer of choice in the industry. His proven client-facing experience and business development track record will further strengthen our team as we continue to serve our Greater
China clients with best-in-class products and services," said Lee.
Shick joins from Credit Suisse’s private banking unit, where he was most recently the market leader of China and Taiwan. During his eight years at the bank, he was instrumental in building a successful franchise covering both markets. From 2006 to 2008, he was a director at UBS private banking and helped developed the South China business. Prior to that, he held senior management roles at a number of multinational firms in Singapore, Taipei and Vancouver.
Shick replaces Kaven Leung – currently CEO of North Asia and deputy head of Asia Pacific – who is retiring.
Leung joined the bank in 2012 and has been instrumental in building up the Julius Baer franchise across Greater China. He also played an important role in the successful integration of the Merrill Lynch International Wealth Management business in Hong Kong.
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By GlobalData"Kaven has been a strong leader. During his tenure, he has built and reinforced a true private banking franchise with the unbiased and conflict-free environment that serves clients the right way.
His contribution to the success of our business has been invaluable. We are grateful for his leadership of our dedicated teams in serving our clients in the past years. We wish him the very best for this next stage in his life," adds Lee.
